President Tubman on a 20 dollar banknote
Gold and Diamond Concessions
granted during the Administrations of
President Tubman and President Tolbert
President Tolbert on a 100 dollar banknote
 

 

Gold and diamond mining
2000 - present:

1957
Diamond fever

1958
Diamond legislation
The National Legislature adopted extensive legislation concerning the diamond industry in 1958, regulating the exploration, mining, sale and export of diamonds, thereby severely restricting the opportunities for Liberians to engage in diamond mining activities. On the other hand the door was opened for foreign capital.

Gold an diamond concessions granted during the Administrations of President Tubman and President Tolbert

Conclusion
Mining less spectacular than in Sierra Leone

 
 
Source: F.P.M. van der Kraaij, ‘The Open Door Policy of Liberia – An Economic History of Modern Liberia’, 2 vols. (Uebersee Museum, Bremen, 1983), pp. 138-162.

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