Iron – Sinoship News reported on Tuesday that Chinese steelmaker Wuhan Iron & Steel (Wugang) plans to launch its second phase of its Bong iron ore project next year in Liberia, West Africa.
Articles Tagged "liberia"
Iron – Energy Business Review reported that India-based steelmaker Jindal Steel & Power (JSPL) (BOM:532286) is reportedly in negotiations with the Liberian government to acquire an iron ore mine in the country as part of its overseas expansion.
Iron – Xinhua reports that Wuhan Iron and Steel Group expects to bring its iron ore project in Liberia online before the end of the first half of this year.
Gold – Aureus Mining Inc. (TSX:AUE,LSE:AUE) announced the results from a 62-hole drill program at its Liberia-based Weaju gold target, which is located within the company's wholly owned Bea Mountain mining license. It noted that so far results from 47 holes have been received.
Iron – Reuters reported that Indian iron ore miner Sesa Goa Ltd. aims to start its iron ore production in Liberia early in 2014 in its efforts to offset the damage caused by mining bans in Goa and Karnataka.
Gold – Hummingbird Resources plc (LSE:HUM) announced that along with its subsidiaries, it has entered into a $15-million financing agreement with a 100-percent-owned subsidiary of Anglo Pacific Group plc (LSE:APF). The money will be put towards exploration and development at Hummingbird's Liberia-based Dugbe 1 gold project.
Iron – Reuters reported Severstal (LSE:SVST) reported an increase in the estimate of iron ore resources at its West African Putu deposit in Liberia by 38 percent to 4.4 billion tonnes.
Diamond – Reuters reported U.N. Secretary-General Ban Ki-moon said Liberia is showing only limited commitment to efforts to stop the trade in blood diamonds that has fueled conflicts in Africa.
Iron – Bloomberg reported Sesa Goa Ltd. (NSE:SESAGOA,BOM:500295) may triple the original estimate at its Liberian mines.
Gold – Mining Weekly reported that Liberia's first commercial gold mine is being financed by South African banks.