The London-based African Minerals firm claims its efforts to mine a whopping 11.7 billion tons of iron ore will bring $1.75 billion in foreign investment to Sierra Leone.
Nine years after the end of Sierra Leone’s notoriously grisly civil war, the small West African nation still known for its “blood diamonds” has attracted a deep-pocketed and ambitious investor. The project in question promises huge economic gains but could threaten the country’s still-fragile peace. The sector? The same one that caused so much trouble back in the 1990s: Mining.