In the months since Sierra Leone’s largest iron ore mine laid off almost all its workers due to a legal dispute with the government, the once bustling town of Lunsar has become a shadow of its.
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3 Min Read LUNSAR, Sierra Leone (Reuters) In the months since Sierra Leone’s largest iron ore mine laid off almost all its workers due to a legal dispute with the government, the once bustling.
Mar 05, 2020 Sierra Leone Iron Ore Crisis Creates Debt Racked Ghost Town An SL Mining employee holds up hands full of processed iron ore from the mine in Marampa, Sierra Leone.
Mar 05, 2020 LUNSAR, Sierra Leone (Reuters) In the months since Sierra Leone’s largest iron ore mine laid off almost all its workers due to a legal dispute with the government, the once bustling town of.
Nov 30, 2020 The Marampa mine is a brownfield haematite iron ore mine located approximately 150km north east of Freetown in Sierra Leone, West Africa. 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.
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’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.
Mar 05, 2020 LUNSAR, Sierra Leone, March 5 In the months since Sierra Leone's largest iron ore mine laid off almost all its workers due to a legal dispute with the government, the once bustling town of.
The company, which like other iron ore producers is grappling with softening iron ore prices, has seen its share price fall by than 20 percent of so far this year. It has also been hit by production constraints related to the wet season in Sierra Leone, when mining and hauling becomes difficult.
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Sep 26, 2020 Abdul Malik Bangura Sierra Leone Telegraph 26 September 2020 The government of Sierra Leone through the Ministry of Mines and Mineral Resources last Thursday handed over the Tonkolili Iron Ore mining operations to Chinese owned – Kingho Mining Company Limited.
Sep 28, 2020 The government of Sierra Leone through the Ministry of Mines and Mineral Resources last Thursday handed over the Tonkolili Iron Ore mining operations to Chinese owned – Kingho Mining Company Limited. The handing over ceremony which took place at the Bumbuna Town Court Barray, in Dasogoia Chiefdom, Tonkolili District, saw.
SL Mining, a subsidiary of U.S. commodity trader Gerald Group, will suspend iron ore mining operations in Sierra Leone over a dispute with the government about royalty payments, a company letter.
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.
Sep 20, 2019 SL MINING, a subsidiary of US commodity trading company, Gerald Group, is to suspend iron ore production at its operations in Sierra Leone following a dispute with the government over royalty payments, said Reuters citing a letter detailing the matter The government’s contention is that SL Mining has failed to maintain the mine’s agreed work schedule or make royalty payments – a claim.
Back in 2014, Sierra Leone exported around 20Mt of iron ore, auguring well for the future of the African iron ore industry. However, its two main operations, Tonkolili and Marampa, faced numerous issues, regulatory and operational, and Sierra Leone’s exports dropped to less than 1Mt in 2018.
China Kingho Takes Over Tonkolili Iron Ore Mines in Sierra Leone. Government of Sierra Leone (GoSL) through the Ministry of Mines and Mineral Resources has on Thursday 23rd September 2020 handed over the Tonkolili Iron Ore Project to Chinese owned Kingho Mining Company Limited.
May 18, 2020 The arrests come amid the company’s legal battle with the government, which canceled SL Mining’s license to mine iron ore at the Marampa Project. “Any attempt to link any bona fide land lease payment obligations of SL Mining to the local riot in any way whatsoever is preposterous, completely erroneous and fanciful,” the company said.
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Although Sierra Leone was one of the fastest growing iron ore exporters for the past few years, its exports fell last year due to its civil war and the outbreak of the ebola virus.
Lunsar, Sierra Leone and London SL Mining Limited (“ SL Mining ”, “the Company”), a wholly owned subsidiary of Gerald Group, is very pleased to announce that the first shipment of iron ore concentrate, branded ‘Marampa Blue’ set sail on MV Cooperfrom Freetown Port (Queen Elizabeth II), located in Sierra Leone.The loading of over 55,000 tonnes of high grade 65 percent iron ore.
Jan 09, 2019 Sierra Leone is a resource rich country with significant deposits of iron ore, diamonds, bauxite, rutile and gold. The mineral resources are contributing about 24 to the country's GDP and over 80 export income.
Sep 22, 2020 Iron ore production in Sierra Leone will flatten in the coming quarters, as Covid 19 and increasing government intervention weigh on mining activities. Additional suspensions will hinder the revamping of mining within the Tonkolili district.
Together with Gerald Group’s international expertise in metals, finance, strategic investments and experienced management teams and employees, SL Mining says that it aims to build a resilient and long life iron ore mine in Sierra Leone, as well as expand its operations by integrating mining, processing and rail and port logistics, alongside playing a responsible role in the economic and social.
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.
Sep 26, 2020 By Lansana Fofanah. The Minister of Mines and Mineral Resources, Musa Timothy Kabba, on Thursday 23rd September 2020, handed over the Tonkolili Iron Ore Project to Kingho Mining Company Limited. The Minister while delivering his address said that, the resumption of large scale mining activities in Tonkolili will not only create jobs and trade in [ ].
He said for the first time Sierra Leoneans will benefit from Sierra Leone’s natural wealth. Meanwhile, the places where the Kingho Investment Company Limited will be focusing on Iron Ore mining are Sambaia, Dansogoia, Simiria, Kafe and Tane chiefdoms all in the Tonkolili District of the Northern Province of Sierra Leone.
Dec 09, 2013 Sustainable development and iron ore production in Sierra Leone The next 50 years Share this blog post West Africa is being described as iron ore’s new frontier, with deposits that could lead the region to account for about 10 of the world’s supply.
Oct 11, 2019 Cape Lambert Resources looks to resurrect iron ore project in Sierra Leone as metal price rises Snapshot In 2014, the Marampa project was granted its mining.
SL Mining, a wholly owned subsidiary of Gerald Group, has announced the first shipment of iron ore concentrate, branded ‘Marampa Blue’, set sail on MV Cooper from Freetown Port (Queen Elizabeth II) in Sierra Leone on June 16 The loading of over 55,000 t of high grade 65 Fe concentrate was completed on June 16, sailing the same day.