Mining industry of Liberia
The mining industry of Liberia has witnessed a revival after the civil war which ended in 2003. Gold, diamonds, and iron ore form the core minerals of the mining sector with a new Mineral Development Policy and Mining Code being put in place to attract foreign investments. In 2013, the mineral sector accounted for 11% of GDP in the country and the World Bank projected a further increase in the sector by 2017.
Mining sector is considered the prime mover for the economic growth of the country and its exploitation has to be appropriately balanced with sustainable environmental preservation of its rich biodiversity. Apart from iron ore extractions, cement, diamond, gold, and petroleum resources have also been given due importance to enrich the economy of the country.