Quick-Action Helps Maintain Key Mining Industries during Ebola Outbreak |
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Quick-Action Helps Maintain Key Mining Industries during Ebola Outbreak Posted: 07 Apr 2015 06:07 AM PDT
Summary: The important mining industries of Guinea, Liberia and Sierra Leone were able to largely maintain their operations during the deadly 2014-2015 Ebola outbreak, according to a new report by the U.S. Geological Survey
Contact Information: Steven M. Fortier ( Phone: 703-648-4920 ); Hannah Hamilton ( Phone: 703-648-4356 ); The important mining industries of Guinea, Liberia and Sierra Leone were able to largely maintain their operations during the deadly 2014-2015 Ebola outbreak, according to a new report by the U.S. Geological Survey. In addition, quick, coordinated actions on the part of the mining companies operating in all three countries helped surrounding communities and national health organizations in their efforts to contain the virus. In this outbreak, the first laboratory-confirmed case of Ebola was reported by the Ministry of Health in Guinea on March 21, 2014, and, as of January 18, 2015, nearly 22,000 cumulative cases had been reported. Guinea, Liberia, and Sierra Leone were the three countries most affected by the Ebola outbreak. “Although the mining industry continued to operate throughout the Ebola crisis, the effects of the crisis and changing market conditions could substantially reduce prospects for growth and planned investments in the mineral sector of these three countries in the future,” said Steven M. Fortier, Director of the USGS National Minerals Information Center. The mineral industries of Guinea, Liberia, and Sierra Leone are important sectors to these countries’ economies. In 2013 alone, the estimated contribution of the mineral sector to GDP in Guinea, Liberia, and Sierra Leone was about 13, 11, and 23 percent, respectively. Mineral development projects were the underpinnings for the World Bank’s forecasts of GDP increases in Guinea, Liberia, and Sierra Leone through 2017. In 2012, it was estimated that for Guinea the development of these projects had the potential to double the country’s real GDP by 2015 and to greatly enhance the prospects for future GDP growth through 2017. Uncertainty regarding the status of mining and mineral exploration operations in the three countries following the onset of the Ebola outbreak and changes in mineral market conditions raised questions regarding the prospects for such growth and future foreign direct investment in the region. However, mining companies in Guinea, Liberia and Sierra Leone acted quickly to help their staff and ensure the mines stayed open. They secured the perimeter of the mining operations; established health and preventative screening to prevent the spread of Ebola; and provided safety training to staff in and around mining facilities and nearby communities. In addition, a group of mining companies created an advocacy group to coordinate their efforts to address the Ebola outbreak and work with the United Nations. The new report is entitled “The Ebola Virus Disease Outbreak and the Mineral Sectors of Guinea, Liberia, and Sierra Leone,” and can be accessed online. The USGS National Minerals Information Center collects, analyzes, and disseminates information on the domestic and international supply of and demand for minerals and mineral materials essential to the U.S. economy and national security. Learn more by visiting our website or by following us on Twitter @USGSMinerals. |
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