7 Jul 2014 Twenty six Cape size vessels operated by African Minerals have been very busy in the first quarter of 2014 transporting 4 52Mt of direct shipping iron African Minerals exported 9 1Mt from the Tonkolili iron ore mine in Sierra Leone in the first half and is on target to achieve full year guidance of 16 18Mt the nbsp
6 May 2015 quot We already have a Local Content Policy in place and sections of our mining laws also require companies to give preference to Sierra Leoneans for employment Gibril Bangura Vice Chairman of Shandong Tonkolili Iron Ore project in his vote of thanks explained the challenges faced by African Minerals nbsp
Tonkolili News Shandong acquires Tonkolili iron ore mine from African Minerals 2015 04 21 Chinese steel company Shandong Iron and Steel Group said it had acquired the remaining 75 stake in the Tonkolili iron ore mine in Sierra Leone from the mining company African Minerals for over 170 million Shandong now nbsp
23 Nov 2017 However the company 39 s iron ore asset is enormous and thus the need for investment and operation in the country to which Shandong Mining company has refused to release the agreed amount for operations to continue in the Tonkolili Iron Ore Mine African Minerals Sierra Leone Ltd has an account in nbsp
19 Feb 2014 African Minerals Limited which began mining diamonds in Sierra Leone in 1996 built its Tonkolili mine on what is regarded as one of the largest deposits of magnetite in Africa a type of iron ore The company exports the ore to steelmakers in China The Sierra Leonean government while promoting the nbsp
31 Dec 2010 African Minerals continues to mature After its initial at 27 50 t All Tonkolili project mining licences awarded African Minerals Limited 5 Iron ore demand While global crude steel production grew by 17 in 2010 total global seaborne iron ore trade rose by only 11 to a level of 1 0Bnt Traditional nbsp
African Minerals iron ore mine in Tonkolili central Sierra Leone A view of the plant site and the main ore body of the African Minerals Mine in Tonkolili District which is due to start full production in 2012 The biggest iron ore find worldwide in the last 20 years and the largest ever in Africa the mine and other operations like nbsp
1 Apr 2015 Introduction This research report focuses on the mining company African Minerals and its Tonkolili mine in Sierra Leone African Minerals has recently filed for administration and has faced accusations of grave human rights abuses This report is part of a series of case studies on iron ore mining
12 Dec 2010 The London based African Minerals firm claims its efforts to mine a whopping 11 7 billion tons of iron ore will bring 1 75 billion in foreign investment to The company claims to have found an 11 7 billion ton deposit of iron ore in Sierra Leone 39 s Tonkolili district roughly 140 miles east of Freetown the nbsp
Transforming an ore body into a revenue generating mine in three years particularly in a developing country is no mean feat But that 39 s exactly what London headquartered exploration and development company African Minerals LSE AMI accomplished with its Tonkolili iron ore mine in Sierra Leone West Africa
Overall accountability for the operation of the Tonkolili Iron Ore Project in Sierra Leone for African Minerals including Mine Rail and Port As the largest employer with a workforce of 7000 the Project is closely linked to the Nation of Sierra Leone as it represents around 25 of the GDP making it a significant project in West nbsp
1 Aug 2013 With just a single asset AIM listed African Minerals may be considered by some to be a junior in the mining sector but its achievements place it in the major leagues writes Laura Cornish The African Minerals 39 story and its Sierra Leone based Tonkolili iron ore mine is like a fairy tale While evaluating nbsp
indicated huge deposits constituting seven 7 ore bodies believed to be connected with the already proven Iron ore mineralization at Tonkolili Iron ore mine site which is located north of Kingho 39 s concession area Cont Page 4 with international standards as reflected in the Natural Resources Charter and the African nbsp
26 Oct 2017 court on Thursday will allege the company 39 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 Sierra Leone
Tonkolili Iron Ore Mine Customer African Minerals Limited A new mine and ore processing plant at Tonkolili to produce 45 Mtpa of magnetite concentrate Approximately 200km of new standard gauge heavy haul railway from Tonkolili to Tagrin Point A new deepwater port and associated infrastructure at Tagrin Point nbsp
4 3 Iron ore mining in Sierra Leone One of the 10 biggest iron ore projects worldwide is currently being developed by African Minerals Limited AML in Sierra Leone The Tonkolili Project is to be implemented in three phases Phase 1 involves a planned production rate of 20 Mta and has been in operation since the 4th nbsp
6 Mar 2015 LONDON March 6 Reuters Sierra Leone focused mining company African Minerals said on Friday it will appoint administrators after failing to repay its lender and partner in the Tonkolili iron ore project Shandong Iron and Steel Group After taking on some of African Minerals 39 debt from banks and nbsp
African Minerals founder to buy broke London Mining 39 s Sierra Leone assets Cecilia Jamasmie Oct 22 2014 2 35 PM 3 Frank Timis has got 20 million to acquire the mine bordering its own iron ore project Tonkolili
5 Jul 2017 Commodities Iron Ore Area Northern Type Open pit Mine Annual Production 20 million tonnes of Iron Ore 2013 Owner African Minerals Limited Shareholders London Mining Plc 100 Activity since 2011 Contact Coordinates 8 985040 11 685142 Address Tonkolili Northern District
2 Apr 2015 the belief that the huge Tonkolili iron ore mine would start operations at the end of 2011 after a 2 billion investment Government revenues from the project were forecast to reach 40 million in 2012 and 180 million in 2013 by which time the investor African Minerals would have offset most of its costs
20 Apr 2015 Re African Minerals Limited in administration AML or the Company London 20 April 2015 Shandong Iron and Steel Shandong has today announced that it has acquired AML 39 s 75 per cent stake in the Tonkolili Iron Ore mine in Sierra Leone and that it now owns 100 per cent of the equity of nbsp
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 nbsp
Event China based Shandong Iron and Steel Group SISG has taken full control of the Tonkolili iron ore mine in northern Sierra Leone after acquiring the remaining 75 stake in the project Analysis The mine was previously controlled by UK based African Minerals with SISG holding a 25 share in the project As iron nbsp
1 Dec 2015 Law firm Leigh Day has confirmed that it is taking High Court legal action in the UK against iron ore producer Tonkolili Iron Ore Ltd formerly a subsidiary of African Minerals Ltd following allegations of human rights abuses against workers and villagers living near one of its mines in Sierra Leone Leigh Day nbsp
20 Apr 2015 Chinese steel company Shandong Iron andSteel Group said it had acquired the remaining 75per cent stake in the Tonkolili iron ore mine in Sierra Leonefrom the mining company African Minerals for over 170million
The Tonkolili mine is a large iron mine located in central Sierra Leone in the Northern Province Tonkolili represents one of the largest iron ore reserves in Sierra Leone and in the world having estimated reserves of 12 8 billion tonnes of ore grading 64 iron metal
10 Mar 2015 African Minerals 39 funding crisis Headline grabbing Romanian Australian mining entrepreneur Frank Timis formed African Minerals out of the Sierra Leone Diamond Corp in 2007 after discovering the a huge iron ore deposit in the heartlands of the country Tonkolili Timis a convicted heroin dealer with nbsp
African Minerals Limited is a minerals exploration development and mining company with significant interests in Sierra Leone It is listed on the Alternative Investment Market AIM of the London Stock Exchange and is now headquartered in London United Kingdom