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Russian steelmaker buys African iron ore project

Afferro Mining has agreed to sell its 38.5 per cent interest in its Putu iron ore project in Liberia to Russia's second biggest steelmaker. Severstal, one of the world's leading vertically integrated steel and steel-related mining …

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Sale of Putu Iron Ore Project

AFFERRO MINING INC. Afferro signs definitive sale and purchase agreement to divest interest in the Putu Iron Ore Project for a minimum of US$115 million cash consideration Further to the ...

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02 IN THE

Putu Iron Ore Mining Company's concession in Putu Administrative District, Grand Gedeh. The Australian Department of Foreign Affairs and Trade (DFAT) provided funds for research and publication. BACKGROUND footnote 1 Tiama's Town (Petrokon), John David Town, Panwloh Town, and Pennoken, Grand Gedeh County .

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Liberia: Grand Gedeh Bar Wants Review of Putu Mines …

Putu Iron Ore also contracted to build a two-lane paved all-weather road between Greenville and Zwedru, (6.6 Concerning Road Renovation) a railroad for both private and commercial operations and a ...

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Fortescue Shares Fall Despite Higher Profit and Dividend Hike

Fortescue delivered robust operational performance in FY24, with iron ore shipments reaching 191.6 Mt (million tonnes).

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Lands & Mines Minister Confirms Putu Mining Exit From …

The Government of Liberia entered into a mining agreement in 2006 with Arcelor Mittal to mine iron ore in Nimba. A portion of the agreement gives the company an obligation to construct the roads from Ganta to Yekepah but that is yet to be met but the minister said conversations are ongoing.

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Aurumin in talks with interested parties around Sandstone …

Aurumin (ASX:AUN) has started multiple dialogues with interested parties around the iron ore from its Sandstone Operations, located 520km northeast of Perth. …

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Mining: Grand Gedeh Rep. Calls For Probe In Putu Mining …

The Putu Iron Ore Mining Company, a Russian steel giant, signed a Mineral Development Agreement (MDA) with Liberia on September 2, 2010. The company's operations, which ceased in 2016, significantly impacted the socio-economic landscape of Grand Gedeh County through employment, human capacity development, …

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Land Research Associates :: Eastern Liberia iron …

The Putu iron ore project is a 13 km long iron rich ridge within a 425 km² exploration tenement, located 130 km inland from the eastern coast of Liberia. It represents one of the largest iron ore reserves in the world, …

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IMPACTS OF IRON ORE MINING ON WA TER QUALITY

Investment Company (active mine), Putu Iron Ore Mining Company (development stage), BHP Billiton Liberia (Exploration) and Western Cluster (feasibility stage). 3.0 WATER QUALITY ANALYSIS

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LIBERIA: POVERTY IN THE MIDST OF PLENTY HOW POST …

Iron Ore Mining (or Putu) concessions. These particular concessions levy more investment dollars than any other concessions in Liberia, and they are the only companies that have started operations in the iron ore mining sector. ArcelorMittal and China Union have begun shipping iron ore. In 2013, Liberia's iron ore export was worth at least ...

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Severstal to acquire 100pct of the Putu Iron Ore project in Liberia

Severstal announced that its indirect subsidiary Lybica Holdings BV has entered into a legally binding heads of terms agreement with Afferro Mining Inc and its wholly owned subsidiary Mano River ...

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African Aura files 43-101 technical report on Putu iron ore …

The previously announced highlights of the Putu project are as follows:

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Grand Gedeh Bar wants review of Putu Mines agreement

T he Grand Gedeh Bar Association (GGBA) on Thursday, petitioned members of the county's legislators to push for the review of the Putu Iron Ore Mineral Development Agreement, which was signed some 10-years ago.. The Bar`s petition for a review is based on "Sections 31 Periodic Review" and "31.1 Profound Change in …

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Liberia: National Investment Commission Declines To Grant …

The Putu Iron Ore Mine in Grand Gedeh County represents one of the largest iron ore reserves in Liberia and in the world, having estimated reserves of 2.37 billion tonnes of ore grading 34.1% iron metal. The company signed a Mineral Development Agreement during the regime of former Liberian president Ellen Johnson …

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Lithium and iron mining in the dunes of Putu, Chile | EJAtlas

In January 2010 the company Inversiones Aconcagua S.A Chilean subsidiary of the Australian firm South American Iron & Steel, achieved the concession and the right to exploit the area. Thus, he signs an agreement with the company China Sinotech to exploit lithium, titanium, vanadium and iron that are in the same enclosure.

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Putu Iron Ore Mining, Inc., Mano River Iron Ore, Ltd., …

Putu Iron Ore Mining, Inc., Mano River Iron Ore, Ltd., Concession, 2010 View Document; PDF; MS WORD; 1 Share. Clip mode on. ... Company Name Putu Iron Ore Mining, Inc. Jurisdiction of Incorporation Liberia OpenCorporates ID - Company Address-Company Number-Corporate Grouping ...

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Liberia: Putu Mining Shuts Down Over International Crisis

of the Putu Iron Ore Mining Incorporated. On July 10, 2014 OAO Severstal, a leading Russian steelmaker, announced that a Class A mining license for mining iron ore in the Putu Mountain Range was granted to the Putu Iron Ore Mining Co Inc, which is a -owned subsidiary of Severstal. The license was issued by the Government of Liberia …

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Lands & Mines Minister Confirms Putu Mining Exit From …

Monrovia – Russian steel giant, Putu Mining, has pulled out of Liberia, Liberia's Minister of Lands, Mines, and Energy, Patrick Sendolo revealed during an appearance at the Liberian Senate. Report by Henry Karmo – henry.karmo@frontpageafricaonline Minister Sendolo said the company left …

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Mining and Minerals in Liberia | NIC

The Mining Sector has been the mainstay of the Liberian economy, with iron ore leading the way. Revenues from iron ore accounted for nearly half of the country's earnings prior to 1990. ... Hummingbird Resources, MNG Gold Liberia, Putu Iron Ore, amongst others. ... Liberia's mineral industry is dominated by iron ore mining. In addition to ...

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The mining sector of Liberia: current practices and

Mine/company MDA/agreement Production Type of mineral Ore grade Mining method Estimated reserves Nimba Range/ AML 2005; 25 years 5.1Mt ore Iron ore; hematite, magnetite 65–69% Fe Open pit 417 Mt Bong Mines/China Union 2009; 25 years 0.70Mt ore Iron ore; magnetite 35–45% Fe Open pit 290 Mt Putu Range/PIOM 2010; 25 years …

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Rep. Sokan Urges House Leadership to Address Putu Iron Ore Mining …

The Putu Iron Ore Mining Company, a Russian steel giant, signed a Mineral Development Agreement (MDA) with Liberia on September 2, 2010. The company's operations, which ceased in 2016, significantly impacted the socio-economic landscape of Grand Gedeh County through employment, human capacity development, and …

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Liberia: Solway Mining

In 2014, the Government of Liberia issued a class A mining licence (for large-scale operations) to Putu Iron Ore Mining Company, a fully-owned subsidiary of Russian steel and mining major, Severstal. Severstal had since been looking for a partner to develop the 4.4 billion-tonne iron ore resource, which has an estimated preliminary …

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Afferro Mining to divest iron ore project in Liberia

Afferro Mining has received final approval from the TSX Venture Exchange to divest its stake in the Putu iron ore project, located in Liberia. The sale and purchase agreement, estimated to be worth $115m, was first signed on 23 December 2011.

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Liberia issues mining licence for Putu iron ore project

OAO Severstal, a leading Russian steelmaker, has announced that a Class A mining license for mining iron ore in the Putu Mountain Range has been granted to the Putu Iron Ore Mining Co Inc, which is a -owned subsidiary of Severstal.

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Putu Iron Ore Project Update

About the Putu Iron Ore Project The Putu iron ore project is a 13km long iron rich ridge, located only 120km inland from the deepwater shoreline of eastern Liberia. In 2009 the Company announced an Independent Mineral Resource of 1.08 billion tonnes of iron ore at 37.6% total iron (Fe) from drilling undertaken on a 2.6km section of the ridge.

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Liberia: Solway Mining

In 2014, the Government of Liberia issued a class A mining licence (for large-scale operations) to Putu Iron Ore Mining Company, a fully-owned subsidiary of Russian steel and mining major ...

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Global Iron Ore Mining Outlook

North America United States Fire Lake North Champion Iron () 2,738.8 Proved Reserves: 23.7mnt; Mine Life: 19.6years; Expected Production: 9.3mnt/yr; The mine includes Fire Lake North, Don Lake,

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Putu Resource Increases by 36% to 3.24 Billion Tonnes with …

Afferro Mining Inc. (TSXV:AFF,LON:AFF) reports an increase in its mineral resource estimate at its Putu iron ore project in Liberia. The press release is quoted as saying, In total, SRK has ...

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Liberia: Mineral Policy | SpringerLink

In November 2013, ArcelorMittal, Putu Iron Ore Mining Co. Inc. (a subsidiary of OAO Severstal of Russia), and Western Cluster Ltd. (a subsidiary of Vedanta Resources plc. of the United Kingdom) signed an agreement to set up Liberia's first Chamber of Mines. The proposed Chamber of Mines was to serve as an umbrella …

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