Opening Hours : Providing solution design within 24 hours

Call Now

0086-21-58385887

African Minerals Tonkolili Project

  • Home
  • African Minerals Tonkolili Project

Chinese Company Dupes African Minerals Killing Sierra's

Tonkolili has the biggest iron ore deposit in Africa and the third largest in the world African Minerals Tonkolili Project is found on the hills around Bumbuna Mabonto and Bendugu Unfortunately as a result of the Ebola crisis in the country the company's export rate drops from its usual forecasting and thus affecting its market share
Get Price

African Minerals jumps 7% after $1 5 billion China

Aug 01 2011African Minerals Ltd closed up 7 1% in London on Monday after completing an investment accord with Shandong Iron Steel Group Co bringing the counter's gains for the year to 57% and giving it a market capitalization of some $3 6 billion Shandong will invest $1 5 billion for a 25% stake in African Minerals' massive the Tonkolili iron-ore project in Sierra Leone
Get Price

African Mineral's Tonkolili in Sierra Leone on care and

Dec 03 2014Tonkolili iron ore project in Sierra Leone has been put on care and maintenance following the reduction of iron ore pricing and the problems surrounding Ebola Cash flow issues prevent the 75% owner of the project African Minerals Limited (AML) from continuing production despite the operation being impressive this year (in the third quarter of []
Get Price

AFRICAN MINERALS DELOITTE ADMINISTRATORS TAKE

London Mar 27 African Minerals has named Neville Kahn and Ian Wormleighton of Deloitte in London as joint administrators of the company and its subsidiary African Minerals Engineering three weeks after conceding it could not repay its debts to Shandong Iron Steel Group its 25% partner in the Tonkolili iron ore project in Sierra Leone
Get Price

African Minerals in Sierra Leone

African Minerals is a UK-listed iron ore exploration development and mining company which has had its shares suspended and decided to appoint administrators Headquartered in London the company owns the Tonkolili mine the largest iron ore mine in Sierra
Get Price

Mining company accused over deadly police crackdown in

Oct 26 2017Mining company accused over deadly police crackdown in Sierra Leone Evidence to be presented to the high court on Thursday will allege the company's involvement in the police operation The multimillion pound case against Tonkolili Iron Ore Ltd formerly a subsidiary of African Minerals Ltd has been brought by London law firm Leigh Day on behalf of 41 people from Bumbuna in the north of
Get Price

African Minerals completes $1 5bn Shandong deal

About African Minerals The Tonkolili project companies are owned 75% by AML and 25% by SISG However once the Government exercises its right above ARPS will be owned 65% by AML 25% by SISG and 10% by the Government of Sierra Leone
Get Price

Shandong acquires Tonkolili iron ore mine from African

Apr 21 2015Shandong acquires Tonkolili iron ore mine from African Minerals Shandong will provide further funding including $600 million to progress Phase 2 of the Tonkolili Project which will see production lifted to 25 million tonnes a year Last month African Minerals said it had appointed administrators after failing to repay Shandong which was its lender and partner in the Tonkolili project
Get Price

Villagers in Sierra Leone are suing iron ore mining

Sierra Leone Telegraph 1 December 2015 African Minerals Ltd Sierra Leone's largest mining company is in hot water again Owned by the Chinese and regarded by the government as its crown jewel the company is under tremendous pressure as iron ore production and export sales struggle to recover The last three years have proved quite
Get Price

Chinese Company Dupes African Minerals

African Minerals is developing and mining the wholly owned Tonkolili iron ore project in Sierra Leone with a JORC compliant resource of 12 8Bnt The project which currently has a mine-life in excess of 60 years is being developed in a number of staged expansions
Get Price

Tonkolili District

Today the biggest iron ore deposit in Africa and the third largest in the world African Minerals Tonkolili Project are found in the hills around Bumbuna Mabonto and Bendugu Agriculture also plays a significant role in the economy the biggest bio energy company in Africa Addax Petroleum operates mostly in Mar in constituency 60
Get Price

Villagers in Sierra Leone are suing iron ore mining

Sierra Leone Telegraph 1 December 2015 African Minerals Ltd Sierra Leone's largest mining company is in hot water again Owned by the Chinese and regarded by the government as its crown jewel the company is under tremendous pressure as iron ore production and export sales struggle to recover The last three years have proved quite
Get Price

The Tonkolili iron ore deposits Sierra Leone

The Tonkolili iron ore deposits Sierra Leone The deposits are dominated by a strategic JORC compliant mineral resource of 11 6 Bt grading 30 1 per cent Fe comprised of primary magnetite mineralisation in the form of a fresh metamorphosed BIF featuring a uniform mineral assemblage of quartz-magnetite ferro-silicate minerals
Get Price

Tonkolili

Aug 01 2013SISG – African Minerals completed a deal with Shandong Iron and Steel Group whereby SISG has contributed US$1 5 billion to the Tonkolili project level – a portion of which will initially fund the next phase of expansion – to acquire a 25% stake in the project with associated offtake agreements
Get Price

African Minerals Limited Prepares For Phase II

African Minerals the developer and operator of the Tonkolili iron ore mine in Sierra Leone yesterday announced the appointment of Ausenco Limited ahead of its Phase II iron ore production The expansion which is expected to produce up to 35Mtpa(million tonnes per annum) of 64% high grade iron ore (hematite concentrate) would also see the development of the current port facilities at Pepel by
Get Price

Shandong restarts the Tonkolili Iron Ore Project

May 06 2015Shandong restarts the Tonkolili Iron Ore Project Shandong Iron and Steel Group is one of the biggest players in the minerals sector in the world The company originally had a 25% stake in African Minerals Limited and had invested over US $1 5 billion in the Tonkolili project since 2012
Get Price

Shandong restarts the Tonkolili Iron Ore Project – Cocorioko

Shandong Iron and Steel Group is one of the biggest players in the minerals sector in the world The company originally had a 25% stake in African Minerals Limited and had invested over US $1 5 billion in the Tonkolili project since 2012
Get Price

Tonkolili Iron Ore Mine

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 development commenced direct shipping iron ore production in
Get Price

Company Profile African Minerals of Sierra Leone

Aug 09 2013Company Profile African Minerals of Sierra Leone The project is the largest employer in Sierra Leone and is set to become the largest contributor to the country's GDP African Minerals has been active in Sierra Leone since 1996 The Company refocused its initial search for alluvial diamonds after discovery of the Tonkolili iron ore deposit
Get Price

Sierra Leone

African Minerals and its subsidiaries must apply for a renewal at least 1 year prior to the expiration of the Mining Lease and will be entitled to a renewal upon such fair and equitable terms and conditions as may be agreed upon between the parties to this Agreement provided that the Company has met all of its obligations under the Mines and Minerals Act 2009 and under this Agreement
Get Price

African Minerals London Mining and the fall of Sierra

Tonkolili's rapid transition from exploration project to producing miner in 2011 was lauded by investors as one of West Africa's greatest mining success stories of recent years African Minerals grew rapidly becoming the largest market cap company on AIM valued at its peak at more than $3 5 billion
Get Price

African Minerals's great logistics project in Sierra Leone

African Minerals's great logistics project in Sierra Leone started up Meanwhile the construction of the Tonkolili 15 M tons per year wet process facility is progressing satisfactorily and is expected to be commissioned in the first quarter of 2012 ramping up to full capacity during the second quarter
Get Price

African Minerals's great logistics project in Sierra Leone

The multinational UK- listed company African Minerals Limited (AML) has loaded the first iron ore shipment from its Tonkolili mine project in Sierra Leone this resulting as the first such cargo exported from the western central African country in over 30 years and thus undoubtedly having a significant positive impact upon the country's economy
Get Price

African Minerals Tewoo to Pay $990 Million for 16 5%

We will have almost all of the Tonkolili project's production committed for the next 20 years he said The Tonkolili project is 75% owned by African Minerals and 25% by Shandong Iron Steel Group African Minerals will own a 65% stake in the project once the deal is completed
Get Price

Shandong restarts the Tonkolili Iron Ore Project – Cocorioko

Shandong restarts the Tonkolili Iron Ore Project Shandong Iron and Steel Group is one of the biggest players in the minerals sector in the world The company originally had a 25% stake in African Minerals Limited and had invested over US $1 5 billion in the Tonkolili project since 2012
Get Price

African Minerals Shandong Tonkolili Iron Ore Sierra

May 07 2015Tonkolili to Re-open in Sierra Leone President Dr Ernest Bai Koroma yesterday officially signalled the recommencement of Tonkolili Iron Ore operations by Shandong Iron and Steel Group which now has ownership of the mines He assured the company of government's continued support at all stages of its operations washing the ore
Get Price

Shan Steel Controls of Tonkolili Iron Ore Project

Apr 21 2015JINAN April 21 SinoCast -- Shan Steel announced acquisition of 75% of Tonkolili iron ore project in Sierra Leone from African Minerals Upon completion it will own of Tonkolili iron mine and a port railway service firm
Get Price

African Minerals and Tewoo Sign Tonkolili Project MoU

African Minerals and Tianjin Materials and Equipment Group (Tewoo) have signed a binding Memorandum of Understanding (MoU) with respect to African Minerals' flagship Tonkolili iron-ore project in central Sierra Leone and related infrastructure projects
Get Price

African Minerals Announces Tonkolili Resource Discovery

May 15 2014African Minerals has established itself as a successful minerals exploration development and mining company Most recently the company's primary focus has been on its Tonkolili Iron Ore Project in Sierra Leone and today they have announced an increase in its Direct Shipping Ore (DSO) resource at this location
Get Price

African Minerals Limited load their first Tonkolili iron

African Minerals is developing its Tonkolili iron ore project inSierra Leone with a JORC compliant resource of 12 8Bnt The project which currently has a 60+ year mine-life is being developed in 3 phases Phase I is expected to produce 20 million tonnes of iron ore per annum at full capacity
Get Price