Bloomberg reported that London Mining Plc, which is Sierra Leone’s second biggest iron ore producer, is still continuing talks to find a partner that will help finance its planned expansion of the Marampa mine.
As quoted in the market news:
Our assets have substantial additional potential but they do require large capex to unlock,” Chief Executive Officer Graeme Hossie told reporters today on a conference call. “Whether and how quickly that strategic partnership funding plan will be realized is difficult to predict.
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