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sierra rutile comments
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Iluka to spin-out Sierra Rutile
The demerger will have the primary objective of maximising value from Sierra Rutile's remaining deposits at Area 1 and developing the globally significant Sembehun project, and will allow Iluka ...
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Locals frustrated at Sierra Rutile policies
Residents in the five Chiefdoms where Rutile is being mined have expressed their dismay at Sierra Rutile Mining Company following what they described as the …
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Sierra Rutile Limited's Post
Ninety-nine students from the five mining chiefdoms in Sierra Rutile Limited's (SRL) operational area received a total of NLE353,000 (Three Hundred and Fifty… | 14 comments on LinkedIn
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Board and Leadership
Mr de Bruyn joined Sierra Rutile in August 2019, as the Chief Operating Officer and was appointed Chief Executive Officer in January 2021. He has over 25 years' experience in the African mineral sector, starting his career with BHP where he worked across various commodities and departments including Operations and Business Development.
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Sierra Rutile pulls the trigger on plans to cull hundreds of …
Sierra Rutile confirmed on Monday it suspended all mining and processing activities at its Area 1 operations and will make approximately a quarter of its workers, …
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Ore Resources and Mineral Resources
A calculated cut-off grade of 0.3% Rutile was applied to the new 2022 Mineral Resource estimates for Gangama, Gbeni and Lanti, while previously calculated variable grade cut-offs of between 0.25% and 0.5% Rutile have been applied to the balance of the project areas. Totals may not add up due to rounding. Models have been depleted …
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Rutile
Sierra Rutile is an established global supplier of a range of high-quality products. Our key products include: Standard Grade Rutile (SGR) Considered to be an industry leading high quality product and is consumed primarily in the manufacture of titanium dioxide pigment and titanium sponge. Accounts for 85-90% of Sierra Rutile's annual rutile ...
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Current Area 1 Operations
Sierra Rutile is currently undertaking a work program to convert Mineral Resources to Ore Reserves in order to extend the Area 1 life of mine plan. Home Our Operations & Assets Current Area 1 Operations Mine Life Extension Program. The Pejebu and Ndendemoia deposits, comprising Indicated Mineral Resources of 18.6Mt at 1.0% rutile grade for 0 ...
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SIERRA RUTILE
A subsidiary of Iluka Resources, operates world-class mineral sands assets in Sierra Leone. The company produces high quality rutile, ilmenite and zircon from the largest natural rutile deposit globally.
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Leonoil to Acquire Sierra Rutile Holdings Limited in A$0.18 …
Sierra Rutile Holdings Limited has agreed to be acquired by Leonoil, a local Sierra Leonean company. Leonoil has offered to purchase each share of Sierra Rutile for A$0.18 (Australian dollars), and the board of Sierra Rutile has recommended that all shareholders accept this offer. According to Sierra Eye, previously another company, …
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Storied past, future potential for Sierra Rutile
Sierra Rutile employs more than 2,000 people and its workforce is over 98% Sierra Leonean. As a major employer, the operation has a commitment to local content and procurement.
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Sierra Rutile to suspend Area 1 operations, Sembehun …
On January 22 this year, Sierra Rutile received correspondence from the government stating its intention to proceed on the basis that, with effect from July 1, 2023, the fiscal regime set out in ...
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New power contract facilitates Sierra Rutile's Area 1 restart
Mineral sands miner Sierra Rutile has restarted operations at Area 1 in Sierra Leone, facilitated by a new contract for additional power generation capacity. The ASX-listed company has entered ...
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IFC invests $60 million in Sierra Rutile Limited
Sierra Leone Telegraph: 2 July 2019: IFC, a member of the World Bank Group, has today announced a $60 million investment in Iluka Resources' Sierra Rutile Limited to partner with the resources company, as it expands its operations in Sierra Leone, where it is the largest tax payer, private employer, and foreign exchange earner, and a …
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Iluka Resources Limited
"Recommended offer for Sierra Rutile Limited by Iluka Resources Limited" (available on Iluka's website ) Acquisition of Sierra Rutile Limited . 2 ... Physicals kt CY12A CY13A CY14A CY15A Comment Rutile production 94 120 114 126 Potential to increase Rutile sales volume 81 111 130 118 ...
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Iluka Resources Limited-Demerger of Sierra Rutile …
experience to the Sierra Rutile Board and Executive Leadership Team. Key to understanding our exciting future is to reflect on what we have achieved over the past 12 months. As Tom outlined, Sierra Rutile experienced a number of business challenges in 2020 and early-2021. Including plant downtime related to maintenance practices, grade …
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Higher, all-cash offer emerges for Sierra Rutile
ASX-listed Sierra Rutile on Monday announced a new offer for the company – the third in the last four months – with major shareholder Lenoil throwing its hat in the …
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What You Need To Know About The Sierra Rutile Holdings …
Following the downgrade, the consensus from twin analysts covering Sierra Rutile Holdings is for revenues of US$185m in 2023, implying a concerning 23% decline in sales compared to the last 12 months.
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Sierra Rutile confirms £215m sale to Iluka Resources
Sierra Rutile mines in Sierra Leone, where it has not only had to deal with poor prices in the past two years but the problems arising from the Ebola virus that spread across its part of west Africa.
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Guest Pitch: Sierra Rutile Holdings (SRX:AX)
Recent filings, discussed in newer comments, affirm that "SRX Sierra Rutile is currently the subject of an on-market takeover bid from PRM." Shares have now …
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Community Development Action Plan for Sierra Rutile …
Sierra Rutile Limited Area 1 CDAP Page 4 Sierra Rutile Limited_CDAP_ March 2018* 1.5 Structure of the plan The CDAP is structured under the following themes: The local and international policy and legislative context; An overview of local development needs and priorities identified by SRL;
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Market Announcements
Sierra Rutile September 2023 Quarterly Report Investor Call. 12/10/2023. Media Reports in Sierra Leone. 08/09/2023. Sierra Rutile Presentation - Africa Down Under Conference. 08/09/2023. Change of Registry Address Notification. 01/09/2023. Appointment of Additional Non-Executive Director – Patrick O'Connor.
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Annual Report
About Sierra Rutile Sierra Rutile is the world's largest natural rutile producer, with an established operating history of more than 50 years from its operations in Sierra Leone. The Company is well positioned to extend its operations through the proposed development of the nearby Sembehun deposits. Sembehun represents one of the
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Sierra Rutile Gets New Life with PRM
Prior to PRM bid Sierra Rutile had suspended all mining and processing activities which will result in about 25% of staff mostly Sierra Leoneans losing their jobs. It is hope that this new takeover will not only save their jobs but brings renew hope to the future of the mineral sand mining company.
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Sierra Rutile to hit the ground running following demerger
Rutile spin-off Sierra Rutile is hoping to take a final investment decision on the Sembehun project, in Sierra Leone, within the next 18 months and following its listing on the ASX. Mineral sands ...
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Sierra Rutile Board Recommends Takeover Offer From …
Sierra Rutile Holdings Limited . ABN 79 613 822 165 4. 3455-5242-1934, v. 1. A market -standard reciprocal break fee may also be payable by each party in certain circumstances, as set out in the BIA. The Offer will extend to all SRX Shares including those issued as a result of vested performance rights
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Sierra Rutile Board Recommends Shareholders Accept
Sierra Rutile Holdings Limited (ASX: SRX) has announced that its board of directors has unanimously recommended shareholders accept a takeover offer from Leonoil Company Limited. This recommendation follows the signing of a Bid Implementation Agreement (BIA) between the two companies, aimed at consolidating Leonoil's market …
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Leonoil's Takeover Bid for Sierra Rutile Gets Extended
Gemcorp Commodities Assets Holdings Limited proposed to acquire remaining 80.12% stake in Sierra Rutile Holdings Limited for AUD 54.4 million. -- Leonoil's …
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Sierra Rutile unveils DFS for Sembehun project
Takeover target Sierra Rutile has unveiled the results of its definitive feasibility study (DFS) for the Sembehun project, underscoring the transformative impact of the rutile project, located in ...
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Sierra Rutile Holdings Limited Demerger Briefing
This presentation contains summary information about Iluka, Sierra Rutile Holdings Limited (Sierra Rutile) and each of their activities current as at 20 June 2022. The information in this presentation is of a general background nature and does not purport to be complete. It should be read in conjunction with Ilukas other periodic and continuous ...
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Sierra Leone directs Sierra Rutile to resume Area 1 mining
The government of Sierra Leone has instructed ASX-listed Sierra Rutile to recommence mining activities in Area 1 by the end of the month.
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Sierra Rutile major shareholder presses the flesh as bid …
Sources told Street Talk that Sierra Rutile had met with its new largest shareholder Gemcorp on Friday to ascertain its intentions.
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Market Announcements
Find the latest news and updates on Sierra Rutile, a mineral sands company operating in Sierra Leone. See announcements on financial results, projects, legal proceedings, and …
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Area 1
The project is run by Sierra Rutile Limited (SRL) which is a subsidiary of Iluka Resources and has already been in operation for almost 60 years. The project is aligning its expansion activities in Area 1 to IFC PS6 given that IFC is one of the lenders for the project. ... Panel comments - July 2020. Panel comments - February 2022. ARRC ...
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PRM makes unsolicited bid for Sierra Rutile
Mineral sands miner Sierra Rutile on Wednesday advised shareholders not to take any action regarding an unsolicited takeover bid worth A$40-million from investment group PRM Services. The company ...
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Sierra Rutile Holdings Limited (SRRHF)
Find the latest Sierra Rutile Holdings Limited (SRRHF) stock quote, history, news and other vital information to help you with your stock trading and investing.