Surface prospecting and ground magnetic surveys. Signing of the Concession Agreement between the government of the Republic of Liberia and DELIMCO with the right of prospecting and mining for 70 years.. The Liberian government and a group of German steel producers become equal shareholders in DELIMCO.
Formation of Bong Mining Co. as operating company. Shareholders: Italian and German stelle companies.
Start of construction: Monrovia port facilities, 50-mile railroad, workshops, power plant, water supply system, concnetrator plant, mine dvelopment, housing areas with all pertaining infrastructure.
Start-Up of the concentrator with six lines. First shipment of concentrate.
First extension of the concentrator (7th line).
Second extension of the concentrator (8th line) and construction of pellet plant No. 1.
Improvement of port to handle ore carriers up to 90,000 deadweight tons. Construction of crude ore blending facilities. Extension of power plant to seven diesel generators.
Start-up of pellet plant No.1
Third extension of the concentrator (9th and 10th lines). Extension of the power plant to eight diesel generators. Extension of warehouse and workshop facilities.
Extension of product stockpile capacity to approximately 1,000,000 tons at the BMC port facilities in Monrovia, and construction of a combined stacker-reclaimer.
On Dec. 16th, in accordance with the laws of the Republic of Liberia, DELIMCO was merged with Bong Mining Co. A revised Concession Agreement between the government of the Republic of Liberia and Bong Mining Co. was concluded.
Implementation of a $120 million extension programm including:
- Fourth extension of the concentrator(11th line, 12th cascade mill) scavenging,
Start-up of the new facilities.
Start-up of re-cleaner magnetic separation.
As the civil war reaches Bong and the situation is getting worse, the employees are evacuated and the Bong Mining Co. ceases to exist in September 1990.
|© Robert W. Kranz|