SL Mining receives mining licence agreement for Sierra Leone Marampa Project
An iron ore project has been given the all important go ahead for a mining licence agreement in Sierra Leone.
SL Mining Ltd, a subsidiary of one of the world’s leading commodity trading companies, Gerald Group, had been negotiating with the National Parliament of Sierra Leone for a Mining Licence Agreement for its Marampa project.
The unanimous vote of confidence by Parliament in SL Mining emphasises the strong support for the Marampa project locally, reflecting its significant importance to the national economy.
Related stories:
Aura Energy to list Häggån vanadium project as its own entity as battery metal market surges
Read the December issue of Mining Global
Bass Metals acquires high grade Millie's Reward lithium project in Madagascar
Battery Minerals receives $20 million funding for Mozambique graphite projects
The MArampa project will see SL Mining look to mine a mineral reserve of over 1 billion tonnes of iron ore equivalent, which will span over a 40-year life of mine.
The project is targeting restart in mid-2018 with initial production of 2 million tonnes per annum of high grade iron ore (65% Fe +) to capture the high grade premium market before subsequently ramping up to over 6 million tonnes per annum.
- Onslow Iron's first transhipper launchedSupply Chain & Operations
- Samarco, a Vale-BHP JV, plans to raise $2bn in restructuringSupply Chain & Operations
- Unmanned train to allow Vale to reopen iron ore plantSupply Chain & Operations
- Mining Profile: Eduardo Bartolomeo, CEO, ValeSupply Chain & Operations
Featured Articles
Rio Tinto completed its US$6.7bn acquisition of Arcadium Lithium, making it a key company in raw materials mining for batteries in the energy transition
Intel first began to work towards responsibly sourced conflict minerals from the Democratic Republic of Congo and adjoining countries about 12 years
International Energy Forum says mining is the 'paradox' at heart of quest for clean energy but recognises the industry is addressing sustainability issues