Aug 07, 2019· Sierra Leone is reviewing all mining licenses as part of a government clean-up of the industry. The West African nation has already canceled or suspended permits for assets that were not ...
Oct 11, 2019· The government of Sierra Leone's recent termination of mining lease agreements with two iron ore mining companies, namely SL Mining, a Gerald Group wholly owned subsidiary and the Chinese miner, Shandong Mining Company, over disputed royalty payments and non-compliance with the nation's mining ...
This case is the latest in a series of legal challenges faced by Shandong since it assumed the Tonkolili Iron Ore investment from AML in 2016. AML, which was issued a mining license in 2010, was at the heart of Sierra Leone's landmark comeback in the mining sector following its eleven years' civil war that halted mining activities.
Sierra Leone: As Shandong Restarts the Tonkolili Iron Ore Project - President Koroma Assures of Government's Continued Support 6 May 2015 Government of Sierra Leone (Freetown)
Aug 02, 2019· The government of Sierra Leone has cancelled or suspended the licences of several big mining projects, including the Tonkolili and Marampa iron ore .
Shandong Iron & Steel Group (SISG) is to restart operations at its fully-owned Tonkolili iron ore mine in Sierra Leone, according to the country's president, Ernest Bai Koroma. Koroma confirmed government support for all stages of the Chinese steelmaker's operations in Sierra Leone and described the restart as a positive turning point in the ...
Feb 08, 2017· According to Fitch-affiliated market analyst BMI Research, the intended investment of US$700 million in an iron ore processing plant in Sierra Leone by Chinese state-owned mining company Shandong Iron and Steel signals the country's long-term commitment to mining in Africa. Chinese state-owned ...
the Government of Sierra Leone and the Sierra Leone Development Company Limited to Regulate the Mining of the Iron Ore Deposits and other Minerals and Metals in the Tonkolili Area of the Protectorate. [lsT OcTOBER, 1933.] WHEREAS an agreement was made on the sixteenth day of April, 1937, between the Crown Agents for the Colonies on
Apr 21, 2015· Sierra Leone - China's Shandong Iron and Steel has acquired African Minerals ' (AML) 75 % stake in the Tonkolili iron ore mine in Sierra Leone. This takes its ownership up to 100 % of the equity of Tonkolili Iron Ore Ltd and the associated infrastructure company .
JOHANNESBURG (miningweekly) – Production from iron-ore developer African Minerals' Tonkolili operation, in Sierra Leone, was expected to stabilise at 20-million tons a year during 2014...
The $700-million planned injection by Chinese State-owned mining company Shandong Iron and Steel into an iron-ore processing plant at the Tonkolili mine, in Sierra Leone, has further cemented the ...
Sierra Leone Telegraph: 10 October 2019: On 7th October 2019, SL Mining Limited - a wholly owned subsidiary of the American owned Gerald Group, said it received a letter from the government of Sierra Leone, 'purporting' to cancel with immediate effect, SL Mining's large scale mining licence in the country. The Government's purported cancellation, the.
Reuters reported that the government of Sierra Leone has canceled or suspended the licenses of several big mining projects, including the Tonkolili and Marampa iron ore mines. Since his election ...
Jan 02, 2018· No one really knows when the dawn is about to break, and for investors in Sierra Leone's mining sector, it's only getting darker out there. Recent weeks have brought news of mismanagement, assault, creative accounting and fleeing investors from the Marampa iron-ore project in Sierra Leone. There, Gerald Metals, a US-based commodities group ...
Nov 29, 2017· Shandong Steel hit by financial hardship in Sierra Leone. Shandong Steel hit by financial hardship in Sierra Leone. ... acquired 75% stake in the Tonkolili iron ore .
Home Featured Why Sierra Leone's mining industry requires a robust ... Tonkolili district in northern Sierra Leone holds one of the biggest iron ore deposits in the world and its inhabitants are struggling to come to terms with the destruction that accompanies its exploitation. ... The Chinese-government company Shandong Iron and Steel Ltd ...
By Mabinty M. Kamara The Sierra Leone government has announced the cancellation of the license of the Tonkolili Iron Ore Project (TIOP), a mining project operated by Shansteel (SL) Limited, a subsidiary of the Chinese owned Shandong Iron and Steel Limited. The National Minerals Agency (NMA), which made the announcement on Thursday, accused the iron ore miner of lack of commitment to meeting ...
Oct 30, 2019· The $700-million planned injection by Chinese State-owned mining company Shandong Iron and Steel into an iron-ore processing plant at the Tonkolili mine, in Sierra Leone.
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 average growth of 4.6% between 2008–2011). Iron ore production started in 2011 by small, high-risk foreign mining companies with no prior experience in this sector.
Iron ore accounted for over 50% of total exports in 2013 and 2014 and 40% of government revenue from the mining sector, so the recommencement at Tonkolili will give a boost to Sierra Leone's balance-of-payments position and public finances, although this will be partially offset by low iron ore prices.
Feb 07, 2018· Children in the village of Bumbuna, in northern Sierra Leone, which is at the centre of a civil case brought by 142 people against Tonkolili Iron Ore Ltd. Photograph: Leigh Day/PA A British court ...
Fleet Maintenance Planner Shandon Iron Ore Mining Company (SL) Ltd September 2016 – Present 3 years 2 months. Sierra Leone. To provide maintenance forecast to the manager, obtain parts numbers, create purchase requisition, create ANSI for parts, create works order, manage backlogs or outstanding Jobs, work closely with procurement/ supply chain to make sure parts ordered correctly to avoid ...
Jan 29, 2018· A landmark High Court case against a UK mining company accused of abusing workers and villagers near one of its mines in Sierra Leone starts on Monday. Tonkolili Iron Ore.
Tonkolili Iron Ore lawsuit (re complicity in violence against villagers in Sierra Leone) On 30 November 2015, the law firm Leigh Day filed a lawsuit in the UK High Court on behalf of 142 villagers against the mining firm Tonkolili Iron Ore Ltd and its parent company African Minerals, alleging complicity in police crackdowns in Sierra Leone in 2010 and 2012.