August 26, 2011
On Friday, August 26, 2011, The Government of Liberia, Gamla Pyrotechnic Nigeria Limited, and Manex Liberia Limited signed a Mineral Support Service agreement.
The support service to the mining sector will enhance the operations of mining companies, help manage importation process, storage, sales, distribution of commercial explosives and related accessories which is often use in the mining industry.
During the last six years, the Government of Liberia (GOL) through the Inter-Ministerial Concession Committee signed into law several Mineral Development Agreements in the Iron ore sector and issued quarry licenses to meet the demands for stone aggregates used in the rehabilitation of the nation's infrastructure.
Manex Liberia Ltd is a subsidiary of Gamla Pyrotechnic Nigeria Limited that has established a company under the Laws of Liberia to import and manufacture emulsion explosives for the Liberia mining Industry. The Company will construct centralized magazines (storage) facilities for commercial explosives in Liberia.
In the agreement, the company has agreed to train Liberians in modern drilling and blasting techniques while assisting the Ministry of Lands, Mines & Energy in setting up an effective system for regulating and monitoring the use of commercial explosives.
The company will also setup an integrated commercial emulsion explosive plant, utilizing environmentally friendly components the highest safety standards, and deliver same to end users on-site package or bulk on demand.
In a continue effort to support the government of Liberia, the company has agreed to work with the Ministry of Justice and related security agencies on security related issues.
Prior to the civil war, Exchem a Canadian company operated an explosive magazine and manufacturing facilities in Charlesville, Margibi County. The restoration of mining companies is as the result of sound macro- and micro-economic policies of the Government, thus the need for the establishment of support-resource supply line for the extractive industry is important.