Monrovia — Liberia stands to reap economic benefits from the iron ore mining operations of West Africa Exploration SA (WAE) in Guinea, which is supposed to employ 500 Liberians. WAE is a joint venture between Sable Mining Africa and its Guinean based partner; Nimba Mining.
The mining will be staged with a proof of concept (POC) operation commencing in the initial three years at an iron ore mining rate of two million tons per annual based on selective mining and Direct Shipping Ore (DSO) dry plant processing.
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