China Union Closes Down Gradually - Leaves No …
Bong Mines, Bong County – China Union, a billion dollar mining company operating in Bong Mines, Fuamah District in Bong County, appears to be facing bankruptcy in the wake of slump in the price of iron ore on the world market, a FrontPageAfrcia tour of …
Mudslide in Bong Mines Leaves China Union Ore …
Bong Mines (LINA) – Reports from the China union Bong Mining Company in Fuamah District, Lower Bong County says a mudslide has taken place leaving the company main iron ore plant damaged. According to the Liberia News Agency, the mudslide incident took place during the late morning hours of Wednesday, September 13, 2017.
China-Union makes its first shipment of iron ore …
13.02.2014 · China-Union Investment has made its first shipment of iron ore from Liberia since taking over Bong Mines in 2008 with a $2.6 billion investment, an …
China Union Begins Shipping Iron Ore | Liberian …
China Union is set to make its first shipment of 50,000 metric tons of iron ore from Bong Mines, Liberia. The company made the announcement in Monrovia Wednesday, February 12, revealing that the iron ore would be shipped through the newly renovated Bong Mines Pier at the liming of Monrovia, Bushrod Island. China Union officials said the first vessel, loaded with the ore …
Bong Mines Residents Frustrated by China …
In 2010 when China Union reached the agreement with Liberia iron ore prices where at an all time high. Actually that was in February 2011. Therefor I would assume that the price of 2,6 billion should have been a good deal for Liberia (without having knowledge of the investment). The price per ton of iron ore today is only about a 3rd of what it has been in 2011. So I assume China Union …
Liberia: Mudslide in Bong Mines Leaves China …
Bong Mines — Reports from the China union Bong Mining Company in Fuamah District, Lower Bong County says a mudslide has taken place leaving the company main iron ore plant damaged. According to the...
China Union Turns Over Bong Mines Hospital to …
The Management of China Union Liberia Investment working at the former Bong Mining Company has finally turned over the Bong Mines Hospital to the Liberian Government to continue providing medical services to the people of Bong Mines and its surrounding areas in Fuamah District, Lower Bong County. Quoting a press release issued over the weekend…
china iron ore: China iron ore jumps on strong …
China iron ore jumps on strong demand from mills, supply concerns The most traded iron ore futures contract on the Dalian Commodity Exchange, for January delivery, ended up 1.8% to …
COMMUNITY RELATIONS IN THE CHINA UNION CONCESSION
SUMMARY The China Union Mining Company holds a 25-year Mineral Development Agreement, signed in January 2009 with the Government of Liberia (GoL), to mine iron ore near the town of Bong Mines, Bong County, in Fuamah District.2China Union’s majority shareholder is the Wuhan Iron and Steel Corporation, one of China’s largest steelmakers.3China Union’s …
Liberia sees Bong iron ore output in 18 months - …
The contract signed this week between China Union and the Liberian government foresees 25 years of iron ore production from the Bong deposit, which …
Liberia: China Union to Ship 500,000 Tons of Ore ...
China Union, one of the largest investments within the Liberias extractive industry says all is set for its first shipment from Bong Mines of about 500,000 tons of iron ore through its newly...
China Union angers locals and workers | Article …
China Union is embroiled in land-rights disputes as it struggles to rehabilitate the Bong iron-ore mines and begin exports (China Union under fire in Bong County). In 2009, the private Chinese company won rights to a 66,000-hectare concession 80 …
Naymote Holds Stakeholders ... - FrontPageAfrica
13.12.2019 · As per the different mineral development agreements signed with the government of Liberia, China Union provides US$1.7 million to Bong for mining iron ore in Bong Mines; ArcelorMittal contributes US$500,000 annually, while national government remits US$200,000 as development fund to the county every year.
Iron ore, China Union, Bankruptcy, Liberia
Iron ore miner China Union refutes bankruptcy reports in Liberia The Management of China Union Investment (Liberia) in Bong County has refuted reports that it …
China Union Ships 15,000 Tons of Iron-Ore | …
On Monday, January 20, China Union Mining Company announced its shipment of 15,000 tons of iron ore from Bong Mines as part of its initial iron ore shipment from Liberia to China.China Union signed a US$2.8billion Mineral Development Agreement (MDA) with the Government of Liberia in 2010 to extract iron-ore from the Bong Ranges in…
China Union to invest $2.6b in Liberias iron ore …
China investment conglomerate China Union has promised to spend $2.6 billion on Liberias main iron ore mine in one of the biggest investments that China has ever made in …
Damning report released on iron ore giant China …
SDI staff members conducted repeated research missions into Fuamah District, Bong County, the site of China Union’s mining operations in Liberia. The company holds a 25-year Mineral Development Agreement (MDA) with the Government of Liberia to mine iron ore, taking over a site that was once operated by a European investor. SDI researchers found credible evidence that China Union …