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.

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. The handing over ceremony which took place at the Bumbuna Town Court …

May 23, 2021· 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 …

Sula Iron & Gold plc, an iron ore and gold exploration company focussed on Sierra Leone, is pleased to announce that, as a result of market demand, it has raised a …

THE MINING INDUSTRY Possibilities of an iron ore mining industry in Sierra Leone were first en-visaged in 1926 when Dr. Junner dis-covered the MJarampa ores, and the possibility became a certainty when in 1930 the Sierra Leone Development Company (always known locally as "Delco") obtained the mining rights over these ores and began to develop them.

Jun 21, 2019· Sierra Leone Telegraph: 21 June 2019: The government of Sierra Leone can once again begin to breathe a sigh of relief, following the announcement by SL Mining Limited – a wholly owned subsidiary of Gerald Group, that its first shipment of iron ore concentrate – branded 'Marampa Blue' to China, has set sail on MV Cooper from the Queen Elizabeth II Sea Port in …

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 to the shutdown of ...

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. This rapid return of the West African country to the list of the world's top-ten iron ore producers after a hiatus of over 35 years amid a string of brutal civil wars, was driven by two London ...

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 …

May 11, 2021· US 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 to the shutdown of ...

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 …

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.

Mar 05, 2017· Sierra Leone - Mining. ... The Tonkolili Mine produced a total of 5.1 Mt of iron ore in 2012 and was expected to reach a processing plant run rate of 20 Mt/yr by 2013 from its current installed ...

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 ...

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.

Apr 10, 2014· That figure includes building infrastructure. We have 14 iron ore exploration licenses in Sierra Leone and four mining licenses," Chang said. Sierra Leone emerged in 2002 from a devastating 11-year civil war in which drug-crazed child soldiers of the RUF rebels hacked limbs from their victims, making the conflict a byword for brutality.

Apr 10, 2014· To put the China Kingho plan in perspective, London Mining produced almost 3.4 million tonnes of iron ore in Sierra Leone last year, while African Minerals exported 12.1 million tonnes. Sierra Leone remains one of the world's poorest and least developed countries, and there is widespread frustration that despite the mining boom, more than ...

Sep 20, 2019· Sierra Leone Telegraph: 20 September 2019: After weeks of uncertainty, following the Sierra Leone government's decision to ban the exporting of iron ore by Sierra Leone Mining Ltd., the company says that despite an international court order for the government to lift its ban, the ministry of mines is unmoved.

The mining industry of Sierra Leone accounted for 4.5 percent of the country's GDP in 2007 and minerals made up 79 percent of total export revenue with diamonds accounting for 46 percent of export revenue in 2008. The main minerals mined in Sierra Leone are diamonds, rutile, bauxite, gold, iron and limonite.. Mining in Sierra Leone has been seen as one of the key factors for …

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 mine laid off almost all its workers due to a ...

May 05, 2017· According to, higher grade iron ore with 65% iron ore content topped US$80 a tonne in recent weeks; thus recovering about 10.6% in value since hitting five-month lows. For Sierra Leone, it is expected that this increase in price of iron ore will trigger an increase in production by Shandong Iron and Steel which will get the ...

Oct 14, 2019· 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.

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 ...

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.

The increase has been driven by higher output from Sierra Leone's two active iron ore producers, London-listed companies African Minerals and London Mining. Both miners started production in late 2011 and between them produced a total of …

Sep 20, 2019· By Cooper Inveen FREETOWN, Sept 20 (Reuters) - 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 seen by Reuters showed on Friday.

Feb 15, 2021· England'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 ...

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.

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 ...

Dec 05, 2014· THE CURRENT STATE OF THE IRON ORE MINING INDUSTRY IN SIERRA LEONE Freetown – (Thursday, December 4, 2014) The Sierra Leone People's Party (SLPP) is troubled by news of the impending collapse of the iron ore mining industry in the country. In the last two months, the country has helplessly watched on as two of…

The Tonkolili iron ore mine in Sierra Leone commenced production in 2011. Tonkolili iron ore project uses 200km of rail line for transporting iron ore for shipping. Tonkolili is estimated to have a mine life of over 60 years. Related Projects Finsch Diamond Mine, Northern Cape The Finsch diamond mine, located near Lime Acres, 160km north-west ...

Sep 14, 2021· 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 ...

May 11, 2021· Gerald Group wins back its iron ore mining rights in Sierra Leone. 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 …