LAMCO to Retake Mount Nimba Concession?

first_imgReports filtering into Nimba County suggest that the Liberia – America Mining Company formerly LAMCO is said to be coming back to take possession of Mount Nimba Concession from the world steel giant Arcelor Mittal which is currently in charge of the concession.According to some residents in Yekapa and some employees presently working with Mittal, the steel company is scaling down operations gradually owing to the news of LAMCO resurfacing to retake their old concession.Unconfirmed reports said that LAMCO and the Government of Liberia signed a concession agreement for 75 years beginning in the early 60s after the exploration of the mountain followed by mining and subsequent shipment of ore in 1965.The reports added that based on the concession agreement, there have been a series of meetings among former LAMCO investors in Europe who intend to return to Liberia and retake the concession.“We are hearing of LAMCO coming back so things are not so good now in Yekapa because Mittal is slowing down some activities,” said one Bigboy, a government security officer. It is not clear whether the news is true or false, but the movement of trains is said to be slowing down gradually according to citizens living along the railroad.But, a prominent son of Nimba who is also a former employee of LAMCO and now serves as County Inspector, Thomas Q. Suah, disputed the rumor saying, “I don’t think LAMCO will ever come back because LAMCO sold its share of the company to the Liberian Government for US$ 1 in 1989 and gave the government US$ 8million for any claims.”He said that upon turning over the concession to the government of Liberia, the company was called LIMCO or Liberia Mining Company.Suah added that LIMCO operated the company until the 16 year war erupted and everybody fled from the concession area in the early 1990sRegarding the slowing down of trains, one of the Mittal rail workers who asked not to be named, said the slowdown was due to lack of iron to be transported.He said production at the mine was slow owing to the breakdown of most of the machines that were operating in the mine.However, when contacted the Communications Manager of Mittal, Hesta Pearson Baker, described the report as false and misleading.Some observers believe that the reports emerged because of the company’s failure to rehabilitate the town of Yekapa almost 10 years after they took over.Mittal and the Government of Liberia reached a Mineral Development Agreement in the year 2005 and the company began shipment of ore in September 2011. But where the news started regarding the old concession company LAMCO coming back is yet to be established.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Horoya paired with Wydad after coaching upheaval

first_imgHoroya finished second in Group B behind trophy-holders Esperance of Tunisia, but four points ahead of Orlando Pirates of South Africa after beating them 2-1 last Saturday.Previous coaching assignments of Neveu included handling the national teams of Niger, Guinea, the Democratic Republic of Congo and Mauritania.He has been replaced by France-born Didier Gomes da Rosa, whose best achievement in Africa was guiding Cameroonians Coton Sport to the 2014 CAF Confederation Cup semi-finals.Horoya president Antonio Souare has publicly demanded that the team reach the Champions League semi-finals this season after losing to Egyptians Al Ahly in a 2018 last-eight tie.He is set to be disappointed, though, as twice champions Wydad should prove too strong over two legs under the guidance of veteran Tunisian coach Faouzi Benzarti.The draw in a Cairo hotel paired Esperance with CS Constantine of Algeria, surprise qualifiers from Group C at the expense of Club Africain of Tunisia and Ismaily of Egypt.Record eight-time champions Ahly will face Mamelodi Sundowns of South Africa in a repeat of the 2001 final won convincingly by the Cairo Red Devils.Tanzanian club Simba, another surprise qualifier, face five-time trophy-holders TP Mazembe from the Democratic Republic of Congo.DrawsQuarter-finalsCS Constantine (ALG) v Esperance (TUN, holders)Mamelodi Sundowns (RSA) v Al Ahly (EGY)Horoya AC (GUI) v Wydad Casablanca (MAR)Simba SC (TAN) v TP Mazembe (COD)First legs: April 5/6, second: April 12/13Semi-finalsHoroya/Wydad v Sundowns/AhlyConstantine/Esperance v Simba/MazembeFirst legs: April 26/27, second: May 3/4FinalHoroya/Wydad/Sundowns/Ahly v Constantine/Esperance/Simba/MazembeFirst leg: May 24/25, second: May 31/June 10Shares0000(Visited 1 times, 1 visits today) 0Shares0000French coach Patrice Neveu was ditched by Horoya AC after guiding the Guinean club to the CAF Champions League quarter-finals © AFP / EDUARDO MUNOZ ALVAREZJOHANNESBURG, South Africa, Mar 21 – Guinean club Horoya, who reacted to reaching the CAF Champions League knockout phase by dumping French coach Patrice Neveu, were drawn against Moroccans Wydad Casablanca in the quarter-finals Wednesday.The Conakry club have offered no explanation for the shock move after widely experienced Neveu masterminded a largely impressive group campaign.last_img read more

Race for Democratic nomination not over yet, Obama emphasizes

first_imgThe Democratic presidential campaign, viewed in Iowa, is awash in uncertainties. Will Edwards, who started a 17-county bus tour on Friday, hold the supporters who propelled him to second place here in 2004? Will Obama turn his large crowds into real votes? Will Clinton’s national advantages assuage concern among some voters who worry how Republicans will go after her in a general election? Interviews with more than two dozen Democrats here this week suggest that the race remains remarkably unsettled, with voters voicing concern about Edwards’ viability, Obama’s experience and Clinton’s electability.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! NEW HAMPTON, Iowa – A broad grin spread across Sen. Barack Obama’s face as he turned to walk away from a city park here on Friday after shaking the last hand and posing for a final photograph with a clutch of supporters. Given the political news of the week, at least back in Washington, why the smile? “It’s not over!” Obama said, pausing for a moment to answer an open-ended question about the state of the campaign. “Presumably if they thought the race was over, they wouldn’t be taking the time to come to a town-hall meeting to talk about the presidential race.” If the chase for the Democratic nomination appears to have reached a stage of inevitability, if Sen. Hillary Rodham Clinton of New York is becoming a runaway front-runner, as national polls might suggest and some of her rivals are beginning to fear, the word has not reached the voters here in Chickasaw County. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREChargers go winless in AFC West with season-ending loss in Kansas CityIt is not that the 200 or so people who turned out to see Obama on Friday morning were oblivious to such prognostications. As ardent political enthusiasts, many obsessively follow them. But the voters here have not necessarily become believers, particularly before they have their own chance to size up the competition when it comes to town. “The one thing about Iowa is that we always have the ability to bring a reality check to the country,” said Randall Rolph, 56, who came with his son to see Obama and plans to return Sunday when Clinton arrives for a campaign stop. Still, three months before the Iowa caucuses open the nominating contests on both sides of the ticket, a fresh sense of urgency is at hand for Obama as he tries to change the dynamic of the race. Clinton, who started the year perceived to be trailing Obama and former Sen. John Edwards in Iowa, has crept up in state polls. On a four-day tour through Iowa this week, Obama of Illinois continued to draw large crowds in city after city. He sharpened his message about his early opposition to the war, he devoted more time to voters’ questions, and he talked increasingly about the need for Democrats to choose a candidate who is honest, truthful and, ultimately, able to bring about change. With a newly crafted sales pitch, he acknowledged that he was “behind in the national polls,” and asked Iowans for their support. “If you’ve decided that you’re supporting me, don’t keep on waiting because it’s going to get chilly soon,” Obama said. “The fact is, all of you are going to decide who the next president of the United States is.” last_img read more