The Marampa mine is a brownfield haematite iron ore mine located approximately 150km north-east of Freetown in Sierra Leone, West Africa. owned by London Mining, the project includes a 319km² exploration licence that borders the Marampa mining lease, which was mined extensively between 1933 and 1975 by the Development Corporation of Sierra Leone (DELCO).
Iron Ore Mining in Sierra Leone boosts London Mining. In: Business News. Print Email. Follow @SierraLeone100 . News of first production of iron ore in Sierra Leone and a $45m loan from commodity trader Vitol made as pre-payment for future output helped lift shares in London Mining as its reported annual results on Thursday.
Sierra Leone is well known for its vast endowment in minerals which include diamonds, rutile, bauxite, gold, iron ore, limonite, platinum, chromite, coltan, tantalite, columbite, and zircon, as well as promising petroleum potential. In the 1990s, the 11-year civil war funded with revenue from the minerals sector engulfed the country, resulting ...
JOHANNESBURG (Reuters) - The first iron ore shipment from U.S. commodities trader Gerald Group's restarted Sierra Leone mine was heading to top steel producer China on Friday, the company said. Gerald Group subsidiary Marampa Mines Limited restarted mining and processing on Sept. 1 after the trader resolved a dispute with the Sierra Leone ...
Gerald Group resolves iron ore dispute with Sierra Leone. US commodity trader Gerald Group will pay Sierra Leone $20 million and cede a 10% …
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. Mining has been significant to the economy of Sierra Leone, despite recent decrease in key economic indicator.
JOHANNESBURG, Oct 29 (Reuters) - The first iron ore shipment from U.S. commodities trader Gerald Group's restarted Sierra Leone mine was heading to top steel producer China on Friday, the company said. Gerald Group subsidiary Marampa Mines Limited restarted mining and processing on Sept. 1 after the trader resolved a...
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.
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. The Tonkolili mine, owned by China's Shandong Iron & Steel, faced operational issues after the Ebola crisis and current operations only involve stockpile mining.
Sustainable development and iron ore production in Sierra Leone: The next 50 years. 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. Indeed, if current plans materialise and world demand remains firm, the region will be exporting at least 500 ...
In September 2019, SL Mining was forced to put the mine into Care and Maintenance due to the abrupt and unlawful restrictions on iron ore exports starting on 3 July 2019, and production at the Marampa mine ceased following other subsequent actions taken by the Government of Sierra Leone, culminating in the purported cancellation of SL Mining ...
Sierra Mineral Holdings 1 Limited holds this mining lease of 321.7 km2 that lies along the same belt with the World known Guinea bauxite deposit. In 2018 we plan to produce 2.2 million tons of commercial bauxite and our resource base as in 2018 remains at 60 million tons approximately. With respect to mining industry guidelines and standards ...
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. The action is the latest in a ...
Marampa's first capesize vessel, the largest cargo ships, set sail on Thursday evening carrying more than 175,000 Wet Metric Tones of Iron Ore Concentrate. According to the Company, Gerald Group has paid $10 million to the government in a first installment of the $20 million payment agreed as part of the settlement. - Advertisement -.
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 ...
The Sierra Leone Government handed over the operations of the Tonkolili Iron Ore mining to the Chinese Kingho Mining Company through the Ministry of Mines and Mineral Resources in September 2020. The Tonkolili mine is Africa's second-largest …
SL Mining. Marampa Mines Limited ("MML") located in the Port Loko District in the northern province of Sierra Leone, is committed to being a world-class and globally competitive iron ore producer. We undertake exploration, development and production of premium grade iron ore concentrate from estimated resources of around 1.7 billion tonnes.
Sierra Leone Telegraph: 11 May 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.
Sierra Leone iron ore crisis creates debt-racked ghost town. LUNSAR, Sierra Leone (Reuters) - In the months since Sierra Leone's largest iron …
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.
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.
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 ...
Sierra Leone Mining Industry Newswire. Get by Email • RSS. Published on 20:37 GMT. The Iranian Revolutionary Apparatus and Hizbullah in West Africa. The success of Iran's revolution in 1979 marked the success of a new global Islamist ideology with a key commitment to countering Western influence in the Muslim world. ...
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.
As part of an out-of-court accord, a new company, "NewCo", will be formed to operate the iron ore mine, in which Sierra Leone will take a 10% stake and Gerald Group 90%. SL Mining/Gerald Group and the government will withdraw their respective existing legal claims and allegations to allow a rapid commencement of mining operations, Gerald Group ...
As China's economic growth drove demand for iron ore, West Africa was seen as the new frontier 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 …
 The Guardian. Mining company accused over deadly police crackdown in Sierra Leone (Ratcliffe2017) [click to view]  LSE. British mining companies' exploitation of Sierra Leone (Bella 2013). [click to view]  Fastmarkets. Shandong Steel to restart Tonkolili iron ore mine in Sierra Leone (2015) [click to view]  The Guardian.
The first iron ore shipment from U.S. commodities trader Gerald Group's restarted Sierra Leone mine was heading to top steel producer China on Friday, the company said.
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