sierra leone iron ore mining

2021-09-25T04:09:39+00:00
  • Tonkolili Iron Ore Mine, Sierra Leone, West Africa ...

    The Tonkolili iron ore deposit is located within the Sula Mountain range and forms part of a banded iron formation (BIF) featuring a north east-south west trending magnetic anomaly. The mine contains four contagious ore bodies, Simbili, Marampon, Numbara, and Kasafoni. These are underlain by amphibolites, amphibolite-hornblende schists, Tonkolili Mine DevelopmentMining and Processing of Ore at Tonkolili MineFinancing For Tonkolili MineContractors Involved with The Tonkolili Mine DevelopmentThe first phase of development included the establishment of a mine, reconstruction of the Pepel Port, 74km of existing railway, and the construction of a new 126km narrow gauge railroad as logistics transportation system. First phase direct shipping hematite iron ore production increased up to 20 metric tonnes per annum (Mtpa) in 2013. Shandong Iron and Steel Group achieved a capacity of 20MMtpa in phase one development and had plans to increase production up to 25mtpa in phase two. However, Ki
  • Gerald group wins back its iron ore ... - Sierra Leone News

    May 11, 2021  After two years of costly court action between the government of Sierra Leone and the owners of SL Mining, Gerald Group, both sides yesterday met in Freetown where they signed an agreement ending the dispute which would allow SL Mining to resume iron ore mining operations in Lunsar, northern Sierra Leone next month.

  • The Miracle That Became a Debacle: Iron Ore in Sierra Leone

    Aug 04, 2015  In many West African countries such as Sierra Leone, Guinea and Liberia, the future of some large iron ore projects, under development for the last five years, is looking uncertain. These projects were conceived when iron ore prices were at historical heights, and officials and citizens alike foresaw transformational development outcomes.

  • Estimated Reading Time: 8 mins
  • Gerald Group resolves iron ore dispute with Sierra Leone ...

    May 11, 2021  As part of the agreement signed on Friday, Sierra Leone will take a non-dilutable 10% stake in a new company that will replace SL Mining and resume operations at Marampa by June 1, Gerald said in a...

  • African Minerals in Sierra Leone

    for iron ore mining. Sierra Leone’s recent economic growth has been spurred by mining of iron ore and oil exploration, spiking GDP growth at 15.2% in 2012 (compared to an average growth of 4.6% between 2008–2011). Iron ore production started in 2011 by small, high-risk foreign mining companies with no prior experience in this sector.

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  • Sierra Leone’s ministry of mines debunks allegations of ...

    Feb 06, 2021  On 21 December 2020, Kingho Investment Company Limited (the parent Company for Kingho Mining Company Ltd and Kingho Railway and Port Company Ltd), submitted an Expression of Interest (EOI) to export the iron ore mineral product stockpiled (Iron Ore Stockpile) situated at Pepel Port site on behalf of the GoSL on commercial basis.

  • African Minerals, London Mining and the fall of Sierra ...

    African Minerals, London Mining and the fall of Sierra Leone’s iron ore sector What a difference a year makes. Twelve months ago Sierra Leone was the world’s sixth-largest iron ore exporter to China,with its nascent iron ore industry and related services accounting for around 30% of the country’s GDP.

  • Sierra Leone resumes iron ore export after painfully long ...

    Jun 21, 2019  Located in the Port Loko District, in the northern province of Sierra Leone, SL Mining is engaged in the exploration, development and production of ‘Marampa Blue’, a high-grade iron ore concentrate (with >65 percent Fe content).

  • Estimated Reading Time: 5 mins
  • SL Mining producing quality iron ore ... - Sierra Leone News

    Feb 23, 2019  SL Mining, a limited liability company incorporated in Sierra Leone, is a wholly owned subsidiary of Gerald Group engaged in the exploration, development and production of iron ore concentrate at Marampa in the Port Loko District, the northern province of Sierra Leone.

  • Estimated Reading Time: 5 mins
  • Will Gerald Metals' issues in Sierra Leone be the last ...

    Dec 15, 2017  First, some context: there is a vast iron ore mine in the east of Sierra Leone that has the potential for 40 years of mining. The Marampa mine was first developed by London Mining, the erstwhile giant of African mining, before being snapped up and developed by one of Frank Timis’s companies when London Mining went bust.

  • Sierra Leone Extractive Industries Transparency Initiative

    Jul 16, 2021  Sierra Leone is endowed with rich natural resources. The mining industry is dominated by large-scale producers of iron ore, diamonds, rutile, and bauxite as well as small-scale and artisanal mining of gold and diamonds. The country possesses one of the largest rutile reserves in the world.

  • The Miracle That Became a Debacle: Iron Ore in Sierra Leone

    In many West African countries such as Sierra Leone, Guinea and Liberia, the future of some large iron ore projects, under development for the last five years, is looking uncertain. These projects were conceived when iron ore prices were at historical heights, and officials and citizens alike foresaw transformational development outcomes.

  • Sierra Leone Restarts Iron Ore Exports from Marampa After ...

    Jul 13, 2021  Gerald Group has recently resumed iron ore shipments from Sierra Leone through its newly-formed local subsidiary Marampa Mines. This comes nearly two years after the Sierra Leonean government revoked the US firm’s licenses and tried to evict it from the country over a tax dispute.

  • African Minerals in Sierra Leone

    for iron ore mining. Sierra Leone’s recent economic growth has been spurred by mining of iron ore and oil exploration, spiking GDP growth at 15.2% in 2012 (compared to an average growth of 4.6% between 2008–2011). Iron ore production started in 2011 by small, high-risk foreign mining companies with no prior experience in this sector.

  • Sierra Leone: Government Intervention To Bring Iron Ore ...

    Sep 22, 2020  We forecast iron ore production to contract 25.0% y-o-y in Sierra Leone in 2020, amid suspended output at the Marampa mine. SL Mining , a subsidiary of Gerald Group , halted mining operations in September 2019 following a legal dispute with the government of Sierra Leone over a mineral export ban imposed on Marampa’s output in July 2019.

  • Gerald Group Resolves Iron Ore Dispute with Sierra Leone ...

    May 23, 2021  Mining, News May 23, 2021 MASAHUDU ANKIILU. SL Mining Marampa mining site in Sierra Leone. Gerald Group, the US commodity trader, will pay Sierra Leone $20mn and cede a 10% stake in an iron ore project as part of the resolution to a nearly two-year dispute that led to the shutdown of production, the two sides revealed.

  • Sierra Leone iron ore crisis creates debt-racked ghost ...

    Mar 05, 2020  Sierra Leone iron ore crisis creates debt-racked ghost town. LUNSAR, Sierra Leone (Reuters) - In the months since Sierra Leone’s largest iron ore

  • Will Gerald Metals' issues in Sierra Leone be the last ...

    Dec 15, 2017  After the iron-ore price crashed in 2014, things went very quiet at Marampa before ownership quietly transferred to company called ‘SL Mining’ owned by Connecticut-based Gerald Metals. Since mid-November there have been concerns voiced in the local newspapers in Sierra Leone about Gerald Metals. December 15, 2017.

  • COUNTRY FACTS; Investing in Sierra Leone

    Sierra Leone’s main exports are in the mining and agriculture sectors. In 2014, iron ore accounted for approximately 60% of Sierra Leone’s annual export revenues. This fell to 15.8% in 2016, as iron ore price growth remained volatile, and processed crustaceans emerged as Sierra Leone’s largest single export (representing 17.7% of export ...

  • Sierra Leone Colony and Protectorate - Wikipedia

    In 1930 Sierra Leone Development Company (DELCO), a British company, started mining iron ore. [16] In 1932 Sierra Leone Selection Trust, a subsidiary of the British Consolidated African Selection Trust (CAST), was set up to mine diamonds.

  • Kingho Mining Officially Take Over Tonkolili Iron Ore ...

    Sep 24, 2020  As they target December for 1 st shipment. By Abdul Malik Bangura. Government of Sierra Leone (GoSL) through the Ministry of Mines and Mineral Resources has on Thursday 23 rd September 2020 hand over the Tonkolili Iron Ore Project to Chinese owned Kingho Mining Company Limited.. Mines Minister handing over the mines document to Kingho CEO

  • SL Mining to halt operations at Marampa iron ore mine in ...

    Sep 20, 2019  SL Mining, a subsidiary of US commodity trader Gerald Group, is reportedly planning to halt operations as early as next week to help it offset the impact of Sierra Leone’s ban on exports from ...

  • Sierra Leone mine dispute raises fears of resource ...

    Sierra Leone’s abrupt cancellation of an iron ore mining licence this week has raised concerns about a resurgence of resource nationalism across the continent.

  • list of iron ore mines in shandong

    2015-4-21 Sierra Leone China’s Shandong Iron and Steel has acquired African Minerals ’ (AML) 75 % stake in the Tonkolili iron ore mine in Sierra Leone. This takes its ownership up to 100 % of the equity of Tonkolili Iron Ore Ltd and the associated infrastructure company African Port and Railway Services.

  • Sierra Leone Restarts Iron Ore Exports from Marampa After ...

    Jul 13, 2021  Gerald Group has recently resumed iron ore shipments from Sierra Leone through its newly-formed local subsidiary Marampa Mines. This comes nearly two years after the Sierra Leonean government revoked the US firm’s licenses and tried to evict it from the country over a tax dispute.

  • Gerald Group resolves iron ore dispute with Sierra Leone ...

    May 11, 2021  U.S. commodity trader Gerald Group will pay Sierra Leone $20 million and cede a 10% stake in an iron ore project as part of the resolution to a nearly two-year dispute that led

  • Gerald Group Resolves Iron Ore Dispute with Sierra Leone ...

    May 23, 2021  Mining, News May 23, 2021 MASAHUDU ANKIILU. SL Mining Marampa mining site in Sierra Leone. Gerald Group, the US commodity trader, will pay Sierra Leone $20mn and cede a 10% stake in an iron ore project as part of the resolution to a nearly two-year dispute that led to the shutdown of production, the two sides revealed.

  • FEATURE: Sierra Leone iron ore exits global market as ...

    Nov 20, 2020  London — Sierra Leone's iron ore mines remain at a standstill, with no early restart foreseen, after foreign miners' rights were confiscated, traders and producers said in the week started Nov. 15. Land tenure rights, for which no legal framework has been defined in the country's latest mining code, may be the central issue.

  • Sierra Leone iron ore crisis creates debt-racked ghost ...

    Mar 05, 2020  Sierra Leone iron ore crisis creates debt-racked ghost town. LUNSAR, Sierra Leone (Reuters) - In the months since Sierra Leone’s largest iron ore

  • Chinese company ships iron ore from Sierra Leone's ...

    Jan 31, 2021  The first shipment of iron ore from Sierra Leone’s New Tonkolili Iron Ore Project set sail for China from the country’s Pepel Port on Friday. The shipment was the first batch of products from Sierra Leone’s New Tonkolili Iron Ore Project invested and operated by Kingho Investment Company Limited, a Chinese-owned private company.

  • Pan Africa Rare Metal Mining Company SL Limited pays 1 ...

    Aug 30, 2021  Kono District is most synonymous with mining than perhaps any other place in Sierra Leone. The soils of Kono are home to some of the country’s previous minerals, like diamond, gold, bauxite, iron ore, etc. However, this is the first time Coltan mining is going to be commenced in the district by the Pan African Rare Metals Mining Company.

  • Will Gerald Metals' issues in Sierra Leone be the last ...

    Dec 15, 2017  After the iron-ore price crashed in 2014, things went very quiet at Marampa before ownership quietly transferred to company called ‘SL Mining’ owned by Connecticut-based Gerald Metals. Since mid-November there have been concerns voiced in the local newspapers in Sierra Leone about Gerald Metals. December 15, 2017.

  • Sierra Leone to reopen Lunsar mine in June Politico SL

    May 13, 2021  Sierra Leone to reopen Lunsar mine in June. Former foes, US-based Gerald Group and the Government of Sierra Leone, have buried the hatchet and agreed that iron ore mining will resume in Lunsar in June. This comes almost two years since the mines there were closed following the cancellation of the license of SL Mining on allegations of breach of ...

  • COUNTRY FACTS; Investing in Sierra Leone

    Sierra Leone’s main exports are in the mining and agriculture sectors. In 2014, iron ore accounted for approximately 60% of Sierra Leone’s annual export revenues. This fell to 15.8% in 2016, as iron ore price growth remained volatile, and processed crustaceans emerged as Sierra Leone’s largest single export (representing 17.7% of export ...

  • Tonkolili Iron Ore Mine, Sierra Leone - Mining Frontier

    Dec 27, 2014  UK-based African Minerals (AML) through its subsidiary Tonkolili Iron Ore, is developing the Tonkolili iron ore mine in Sierra Leone, West Africa. The project, involving a fully integrated mine, rail and port infrastructure, is planned to be developed in three phases. Mining lease for the project was approved in August 2010 and the first phase ...

  • British court rules against Sierra Leone in SL Mining ...

    Britain's High Court on Monday dismissed Sierra Leone's challenge of a 2020 International Chamber of Commerce (ICC) decision over claims by SL Mining after a dispute over its iron ore mining ...

  • Pan African Rare Metals Mining Company Pays Le 1 Billion ...

    Sep 01, 2021  One of the sources from which this country derives its revenue in order to fund developmental projects is the mining sector. It is known widely that Kono District is most synonymous with mining than perhaps any other place in Sierra Leone. The soils of Kono are home to some of the country’s previous minerals, like diamond, gold, bauxite, iron ore, etc.

  • Kingho President Promises to Optimise Tonkolili Iron Ore ...

    May 26, 2021  Kingho Mining is undertaking mining at the New Tonkolili Iron Ore Mines in Sambaia, Dasogoia and Simiria chiefdoms of Tonkolili District, Northern Province of Sierra Leone. It was the Government of Sierra Leone which officially handed over the New Tonkolili Iron Ore Mining site to Kingho Mining Co Ltd on 23rd September 2020.

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