New Liberty mine
To be honest, the mine has quite good gold resource/reserve, i.e. around 3.5 g / ton gold there. Liberia labour force is quite low salary because of poorest country in the world.
So what is the problem? First thing is it should be very difficult to see this kind of situation. I doubt there is corruption there for the old management team. Second is the less skilful workers there, but receive high salary, may be some relatives of the government official, it's my guess, I don't have proof.
It's unbelievable for AUE under former team's lead. Hope MNG Gold could save this company because MNG Gold holds 55% of all outstanding shares.