The iron ore deposits at Nimba represent a large, high-grade resource and one of the last few known high-quality, undeveloped iron ore deposits in the world that has natural sinter feed fines, able to produce a premium direct-shipping ore (DSO) product with an average iron (Fe) grade of 65%. The Nimba Mining Concession comprises an area of 625 ...
The steel and mining company first signed a 25-year deal with Liberia in 2005 and shipped the first iron ore from its Yekepa mine in 2011. It had been aiming to expand output to 15 million tonnes ...
Mining at Mount Tokadeh, in Nimba County, Liberia, took place between 1973 and the early 1990s, linked to iron ore mining in the East Nimba Range carried out by LAMCO and then LIMINCO. Mining at Tokadeh is currently undertaken as part of ArcelorMittal's Phase 1 Direct Shipping Ore (DSO) activities and will be expanded under the proposed Phase ...
ArcelorMittal Liberia (AML) began operations in Liberia in 2011. AML operates one large open pit iron ore mine on Mount Gangra in Nimba county, the Buchanan Port Facility on the central coast near Grand Bassa, and a railway connecting the two. The assets are 85% owned by ArcelorMittal, and 15% owned by the Liberian …
The deal with the Liberian government provides High Power Exploration Inc. with an outlet for its Nimba concession, which holds an estimated 1 billion tons of high-grade iron ore.
NIMBA COUNTY, Liberia — In 2020, villagers from the Blei and Sehyi Kodoo districts agreed to allow Solway Mining Incorporated to explore for iron-ore deposits in their territory in the Nimba mountain …
In December, Anglo-Australian mining giant Rio Tinto announced that it was set to spend $6.2 billion on mining the rich, high-grade iron ore deposits of eastern Guinea's Simandou Mountains, with ...
It has been the most comprehensive environmental study ever undertaken in Liberia, ensuring that iron ore mining operations do not come at an unacceptable cost to the local ecosystem. ArcelorMittal also became a member of Multi-Stakeholders Steering Group of the Liberia Extractive Industries Transparency Initiative (EITI) in 2009, having ...
ArcelorMittal also announced the acquisition of a 56.5% stake in Guinea's Mount Nimba iron ore project which is close to an existing ArcelorMittal mine, buying out shareholders BHP Billiton and ...
Previous assessments indicate that evacuation through Guinea might not be economically feasible; and therefore, the studies will focus on evacuation through the Yekepa-Buchanan corridor using an existing rail line to the existing Port of Buchanan in Liberia. The proposed Nimba Iron Ore Mine is located in the Guinean Nimba …
CONAKRY, Sept 6 (Reuters) - American-Canadian mining investor Robert Friedland is set to control Guinea's Mount Nimba iron ore deposit in a deal signed by his High Power Exploration (HPX) company ...
The iron ore deposits at Nimba represent a large, high-grade resource and one of the last few known high-quality, undeveloped iron ore deposits in the world that has natural sinter feed fines, able to produce a premium …
Guinea Robert Friedland reorganises his Nimba project ahead of possible sale to Jindal. American-Canadian mining magnate Robert Friedland no longer believes that he can complete the Nimba …
The Nimba iron ore project in Guinea said on Wednesday that a pre-feasibility study confirmed the mine's viability, but it expressed concerns about potential limitations on its railway access to ...
SDN is a Guinean-registered company with rights to develop the iron-ore assets adjacent to, but not intruding into, the Mount Nimba Strict Nature Reserve.
With the MDA amendment coming into effect, ArcelorMittal Liberia will significantly ramp up production of premium iron ore, generating significant new jobs and wider economic benefits for Liberia, it said. The expansion project – which encompasses processing, rail and port facilities – will be one of the largest mining projects in West Africa.
SMFG's vision is to create a long-term sustainable mining project and develop the Nimba Iron Ore Project for the people of Guinea.
Near the Simandou, Zogota, Yekepa iron ore mines, the transboundary UN World Heritage Site at Mount Nimba is threatened by an open-pit iron ore mine owned by US-Canadian firm High-Power-Exploration.
MONROVIA: As normal live continues in towns and villages around iron ore rich mountains, the Phase II Expansion Project of ArcelorMittal Liberia (AML) seen as a signature project at current unfolds, bringing to light a testament to a partnership rooted in contribution and shared impact in the face of rhythmic hum of progress that echoes in …
NIMBA COUNTY, Liberia — In 2020, villagers from the Blei and Sehyi Kodoo districts agreed to allow Solway Mining Incorporated to explore for iron-ore deposits in their territory in the Nimba ...
Nimba Iron Ore Project - SMFG is located in the Guinean Nimba Mountains, in south-eastern Guinea, adjacent to the Liberian and Ivoirian borders. It involves mining high …
However, in 2019, 85% of the shares were acquired by the US-Canadian firm High Power Exploration and the remaining 15% are owned by the Guinean government The reserves of Mount Nimba are estimated around 1 billion tons of 61% grading iron ore. The mine is expected to have a lifespan of 25 years and to produce 1.5 million tonnes of …
West Africa-focused mining company Nimba Development Company (NDC) and the Government of Guinea have assumed full control of the Nimba Iron Ore Project in the country. The move comes after NDC secured control over Société de Développement Nimba (SDN), the owner of the iron ore project.
From 2009 to 2011, Steven Din headed the operations of the giant Rio Tinto mining group at the Simandou iron ore project, which covers the biggest unexploited iron ore deposit in the world. Now, he is to take charge of another Guinean iron ore permit. Din, who has also worked in bauxite mining in Guinea, iron ore mining in Zimbabwe, …
Following the signing of a 25-year deal with Liberia in 2005, ArcelorMittal shipped its first iron ore in 2011 from the Yekepa mine. Although the firm intended to expand the mine's output to 15 million tonnes per annum (mtpa), the expansion plan was put on hold in 2014.
High Power Exploration Inc. (HPX) is a privately-held company focused on the development of the ultra-high-grade Nimba iron ore project in Guinea. For more information about the Nimba project, please visit the project page on the website of HPX's indirectly-owned subsidiary, Société des Mines de Fer de Guinée (SMFG), as well as the ...
"The expansion of mine, processing, rail and port facilities is the largest iron ore project in West Africa and will draw international attention to Liberia as an attractive country to invest in. The current planned expansion is part of a long-term commitment by ArcelorMittal to Liberia that includes undertaking planning for the further ...
The World Bank is said to be mulling a $135 million investment in the proposed Nimba iron ore mine in southeastern Guinea, which is owned by Canada's High Power Exploration (HPX), a...
Historically iron ore has been exploited from both the Liberian and the Guinean sectors of the Nimba greenstone belt. In Liberia, the main Nimba ore body, now mined out, was located in one of two parallel bands of Archaean BIF …
Iron Ore mining on Mount Nimba, Guinea. Near the Simandou, Zogota, Yekepa iron ore mines, the transboundary UN World Heritage Site at Mount …
Sunday Times reports (paywall) that BHP Billiton, which is shedding its non-core operations, is looking for a buyer for its Mount Nimba iron ore project in Guinea.
Yekepa was a LAMCO company town in Liberia's Nimba Mountains, home to hundreds of the Swedish mining conglomerate's employees. "Life was pretty nice there," the voice says. ... Such images are not hard to find. Iron ore mining was a central pillar of Liberia's post-World War 2 economy. Foreign mining giants like LAMCO, backed by the ...
Historically iron ore has been exploited from both the Liberian and the Guinean sectors of the Nimba greenstone belt. In Liberia, the main Nimba ore body, now mined out, was …
The 2021 PFS was led by independent engineering firm Hatch Ltd of Toronto, Canada, and evaluated the development of a mine, rail, and port infrastructure to export up to 30 million tonnes per ...
Despite the decline in global iron ore prices, iron ore mining plays a significant role in the economy, accounting for 27 percent of total export earnings in 2022. ... has invested heavily in the sector and has iron ore and metallurgical coal reserves in the Mount Nimba range. ArcelorMittal also restored and operates a 243-kilometer rail line ...