Politics

New Pro-Temp Extends Olive Branch

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Nimba Caucus leaders resign

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Additional Appointments In Government

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Veep Boakai challenges superintendents

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Sherman, Saytumah confirmed winners

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Cooper or Nagbe

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Rep. Gray blames “big hands”

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Varney Sherman, NEC update S/Court today

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NEC to conduct by election in 90 days

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NPP misleads Supreme Court?

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Pro Tempore election tomorrow

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Commentary

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Why Public Investment?

26-02-2015 Hits:32 Commentary  Michael Spence - avatar Michael Spence

MILAN – The world is facing the prospect of an extended period of weak economic growth. But risk is not fate: The best way to avoid such an outcome is...

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The age of adaptation

25-02-2015 Hits:46 Commentary Klaus Schwab - avatar Klaus Schwab

The world needs to stop looking backward. Since the 2008 financial crisis, we have wasted far too much energy trying to return to the days of rapid economic expansion. The...

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Earth Calling the Financial Sector

24-02-2015 Hits:75 Commentary Jeffrey D. Sachs and Hendrik J. du Toit - avatar Jeffrey D. Sachs and Hendrik J. du Toit

NEW YORK – Financial markets serve two crucial purposes: to channel savings toward productive investments, and to enable individuals and businesses to manage risks through diversification and insurance. As a...

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Sports

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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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Bassa to host 2015 County Meet finals

19-02-2015

Bassa to host 2015 County Meet finals

The Ministry of Youth and Sports has scheduled the annual National County Sports Meet this year for March with Grand Bassa County picked to host the final matches.

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LBA sets election for Wednesday

17-02-2015

LBA sets election for Wednesday

The electoral commission of the Liberia Basketball Association has set February 18, 2015 for voting which is being described by many as white ballot poll.Already, the commission has qualified six...

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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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