Africa: A Mountain of Riches

The local tribesmen have long avoided fog-shrouded Mount Nimba in Western Liberia as a spot inhabited by duwa —the sinister "little people" who have old men's faces and feet that turn backward. But Scottish Geologist Sandy Clark, a more prosaic fellow, found no such world of spirits when he scaled Nimba eight years ago. He found something almost as extraordinary: "a world of iron ore"—one of the largest reserves of high-grade ore (at least 260 million tons) ever discovered.

Since then, 17,200 men from 21 countries have labored and eight companies have...

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