State-owned Shandong Iron and Steel Group Co Ltd said on Monday that it has acquired the remaining 75 percent stake it does not own in a mining project in western Africa's Sierra Leone. Shandong Steel had earlier acquired a 25 percent ...
Tags: Steel Firm, Iron Group, Steel Group
London-listed, Africa-focused miner African Minerals has announced that in the first quarter of the current year it achieved a record direct shipping iron ore production of 5.3 million mt, compared to 2.2 million mt in the same quarter of ...
Australian resources and investment company Cape Lambert Resources has announced that it has finalized a binding infrastructure agreement with Africa Minerals regarding its Marampa iron ore project in Sierra Leone, West Africa. The ...
Tags: iron ore, resources, metallurgy
The following have all combined to limit control of foreign minerals by US companies: In 2011, Resource nationalism became the number one risk for mining companies Nationalization Expropriation Increased taxation Constraints on the degree ...
Tags: Cobalt, Rare Earth, USA, Metallurgy
African Minerals Limited recently disclosed in a regulation filing that it now prefers to expand its existing rail and port infrastructure in Pepel, rather than develop a new port at Tagrin Point. This revised expansion is expected to ...
Tags: AML, African Minerals Limited, regulation, rail, port infrastructure
Reuters reported that African Minerals Ltd will expand its existing rail and port infrastructure rather than build a new port to serve its flagship iron ore mine in Sierra Leone,a move,will save it about USD 1 billion. African ...
Tags: rail, port infrastructure, expansion, iron ore mine
Mining companies and investors including some heavyweight industrial combines in China are pouring into the region in a quest for iron ore, driving a railway building and mining boom whose worth JPMorgan Chase & Co recently estimated at USD ...
Tags: Mining, iron ore, railway, steel production
African Minerals continues to ramp up production at the Tonkolili iron ore mine in Sierra Leone. But, due to the impact of the extended wet season, it is likely that shipped production for the full year will fall below previous guidance. ...
Tags: African Minerals, iron ore mine, wet season, Guidance
West African Minerals has found 3 areas of potential high grade iron ore from its latest scout drilling program at Binga, Cameroon. Mr Brad Mills CEO of West African's said that the enrichment grades were as high as 50% iron over narrow ...
Tags: high grade iron ore, scout drilling program, West African Minerals