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CHAPTER 7 • IRON ORE:<br />

THE LIBERIA MINING COMPANY<br />

1 - THE NATIONAL IRON ORE COMPANY<br />

|j Background to Liberia's emergence as Africa's most important<br />

*! iron ore producer<br />

|<br />

|j <strong>The</strong> inhabitants of the area which is nowadays known as the<br />

:J Republic of Liberia not only knew about the occurrence of iron<br />

: j ore but they were also familiar with its processing and use as<br />

.;] was already reported in 1555 (1). Consequently, when a Dutch<br />

j geologist of the Holland Syndicate, H. Terpstra, whilst searching<br />

•j for diamonds hit the iron ore formations of Bomi Hills in 1934<br />

'\ (see Chapter 6) he did not discover the ore in the real sense of<br />

j the word as the people living in this region, the Gola, had<br />

already had this knowledge for centuries. Terpstra rather<br />

revealed to the outside world for the first time details of its<br />

i existence. It should be noted that the Syndicate's exploration<br />

! activities in this region were made possible as the Gola people<br />

j no longer put up resistance against the A.L.Government.<br />

• <strong>The</strong> iron ore of the Bomi Hills appeared to be extremely highgrade<br />

ore with an Fe-content of over 65? and the deposits were<br />

I estimated to be about 50 millions tons. With the proper<br />

: | knowledge of the international markets, the availability of<br />

I expertise in mining it and with a proper infrastructure these<br />

hills represented an immeasurable source of wealth. <strong>The</strong> explorers<br />

of the Holland Syndicate lacked the necessary know-how of the<br />

I iron ore mining industry and the related trade and, moreover,<br />

! being more interested in diamonds, subsequently contacted another<br />

j Dutch firm, Wm.H. Muller & Company which continued the<br />

.investigations.<br />

<strong>The</strong> occurrence of iron ore formations in the West Africa subj<br />

region which forms Upper Guinea was already known as important<br />

j deposits had been discovered in 1928 in the British Protectorate<br />

! of Sierra Leone (near Marampa), mining of which had started in<br />

1933. <strong>The</strong> Dutch company of Muller sent a team of experts further<br />

\ to investigate the treasure which was still hidden under a cover<br />

; of thick tropical forest and located in an area only accessible<br />

by foot along a trail which was cut as the explorers advanced.<br />

<strong>The</strong> report which the company's chief geologist, W.F.C. Engelbert<br />

van Bevervoorde, later presented to his employers justified the<br />

j start of negotiations with the Government of President Edwin<br />

| Barclay for a mining concession (2). However, the distance from<br />

the Bomi Hills to the Atlantic coast, about 40 miles to Monrovia<br />

and 46 miles to Robertsport (the capital of Grand Cape Mount<br />

i County), and the lack of infrastructure in this area, as well as<br />

j the absence of a proper harbour - all loading and unloading then<br />

J still took place with the use of "surf-boats" - formed major

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