Taylor’s condition appalling

Taylor’s condition appalling

News

-Chief Allen  The national chairman emeritus of the former ruling National Patriotic Party or NPP has described the plight of…

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 Angry students barricade lawmakers

Angry students barricade lawmakers

News

Protesting students, under the banner “Grand Bassa University Student Union” or GBUSU Tuesday converged on the grounds of the Capitol…

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Sen. Chie’s lawyers blame Urey

Sen. Chie’s lawyers blame Urey

News

Lawyers defending indicted Grand Kru County Senator Albert T. Chie, in the US$120,400 National Oil Company of Liberia bribery case…

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Liberia launches U-Report program

Liberia launches U-Report program

News

The Federation of Liberian Youth (FLY) with sponsorship from UNICEF Liberia Tuesday launched the U-Report program in Monrovia. The launch,…

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LPRC prepares for heavy fuel importation

LPRC prepares for heavy fuel importation

News

What appears to be a boost in the petroleum industry here has begun at the Liberia Petroleum Refining Company or…

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Son kills father in fight

Son kills father in fight

News

A 22 year-old defendant Momo Jallah, has been sent to the Magisterial Court at the Temple of Justice in Monrovia…

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Deeper Life Ministry donates LD130, 000 to Ebola Survivors

Deeper Life Ministry donates LD130, 000 to Ebola Survivors

News

Deeper Life Christian Ministries of Liberia has donated 130,000 Liberian Dollars to a local non-governmental organization, Survivors Aid International or…

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MSF, WHO Trade Blame Ebola Response

MSF, WHO Trade Blame Ebola Response

News

A war of words broke out Monday between aid agency Doctors Without Borders and the World Health Organization over who…

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Politics

Court denies Urey’s motion

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Nat’l Constitution confab rescheduled

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Intruders scare LACC

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Finance, CSA snub plenary

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PYJ predicts 2017 ticket

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10 candidates for R’cess by-election

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Lawmaker held at Klay Checkpoint

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Senator faces 72hrs ultimatum

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Dukuly explains superintendents’ role

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Sherman, Zargo get top Senate posts

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Commentary

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Messed-Up Macro

25-03-2015 Hits:56 Commentary ROBERT SKIDELSKY  - avatar ROBERT SKIDELSKY

ITHACA – Until a few years ago, economists of all persuasions confidently proclaimed that the Great Depression would never recur. In a way, they were right. After the financial crisis...

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China's trial-and-error economy

23-03-2015 Hits:121 Commentary  - avatar

HONG KONG - Chinese Prime Minister Li Keqiang's work plan for 2015, revealed at this month's National People's Congress, highlighted the country's shift to a "new normal" of 7% economic...

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How Scary Is the Bond Market?

19-03-2015 Hits:93 Commentary Robert J. Shiller  - avatar Robert J. Shiller

NEW HAVEN – The prices of long-term government bonds have been running very high in recent years (that is, their yields have been very low). In the United States, the...

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Sports

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MUSCAT FC mourns Opor

26-03-2015

MUSCAT FC mourns Opor

MUSCAT FC is mourning the death of one of its brightest rising soccer stars Opor Thompson. According to MUSCAT FC founder Theophilus Collins, Opor died on Monday this week at...

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LFA League closes on Friday

19-03-2015

LFA League closes on Friday

The President of the Liberia Football Association, Musa Bility has disclosed that the 2013/14 national league will close this Friday at the BYC -PHP home ground, U. N Drive, south...

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LAF approves US$32, 000 budget

25-02-2015

LAF approves US$32, 000 budget

Members of the Liberia Athletics Federation or LAF have approved the organization’s budget for 2015 at an Extraordinary Congress held at the head offices of the Liberia National Olympic Committee...

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The companies announced in January that they were discussing the possibility of combining their iron ore interests in Guinea and Liberia.

However, after months of discussion, the companies have decided that they will instead continue to work on their iron ore projects independently.

BHP Billiton, the world's largest diversified resources company, repeated its commitment to progressing its four iron ore deposits here in Liberia, saying there should be no doubt that the company's intention is to continue to invest in Liberia and advance its projects in this country.

BHP Billiton indicated that the creation of a world class iron ore business in West Africa remains its goal - in fact, that has been the company's goal since it first came to Liberia in late 2004. "We had been exploring in Liberia for several years before we began discussions about a potential joint venture. Our plans will not be affected by the decision announced today. It is business as usual for us", a BHP Billiton spokesperson confirmed.

BHP Billiton has iron ore deposits in the Nimba, Bong, Grand Bassa and Margibi Counties and has its Liberia Iron Ore head office in Monrovia.

Since 2005, the company has invested over US$50 million in Liberia. BHP Billiton has sponsored over 100 projects and events on a national and community level including most recently the Liberia National Football Team for their game against Zimbabwe, and the rehabilitation of three historic Palava Huts in Sanniquellie as part of this year's Independence Day celebrations.

BHP Billiton currently has over 300 employees in Liberia and is recruiting for a number of additional positions as it looks to step up its level of activity in Liberia.

BHP Billiton noted that it has concluded a Mineral Development Agreement with the Government of Liberia and looks forward to its ratification by the Legislature.

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