The Dugbe gold project was the company’s first asset and the original permit that was granted to Hummingbird sits within the MDA area. The project has a completed NI 43-101 compliant preliminary economic assessment showing a 29% IRR and $186m NPV at a US$1,300 gold price. It is complemented with a large unexplored land holding, and
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· "The Bukon Jedeh area is one of the best known gold mining areas in Liberia and provides an excellent opportunity to discover new gold deposits. Based on the historical drilling and the small-scale mining, it appears that relatively high grade material is present which, if in sufficient quantity, could provide an additional source of ore for the
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· 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
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· ArcelorMittal Liberia is the largest foreign investor in Liberia, having invested over $1.7 billion in the country over the past 15 years, including operation of a vocational training center. More than 2,000 jobs are expected to be created during the construction phase of the expansion now announced, with Liberians envisaged to fill the
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The New Liberty Gold Mine, one of the two largest gold mine currently in operation in the. Republic of Liberia, is found in Grand Cape Mount county in North Western Liberia, approximately 90 km northwest of the capital Monrovia. The Mine is situated with in the Bea-.
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· HPX to acquire highly prospective i ron ore licenses in Liberia and multi user port facilities at Monrovia St John River licences previously owned by BHP and cover combined area of almost 250 km 2 adjacent to the existing Yekapa-Buchanan Rail Corridor Historical mapping work by USGS demonstrate significant showings of Banded Iron
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:West AfricaLogistics Operations in LiberiaArcelormittal Mines · The Government of the Republic of Liberia and ArcelorMittal have signed an amendment to the Mineral Development Agreement (MDA) which paves the way for
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· Liberia is planning to approve a "Class A" mining license to Chinese company Bao Chico Resources Liberia Ltd to extract iron ore for 25 years. This follows a communication from the presidency to Parliament on Wednesday, requesting for timely ratification of the Mineral Development Agreement. The approval by Parliament,
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:Arcelormittal Liberia ProjectArcelormittal Liberia Phase 2 · ArcelorMittal has announced plans to invest nearly $800m in a brownfield expansion project in Liberia to significantly ramp up production of iron ore to 15 million
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Registered in the year 2020. UCP is exclusively responsible for all activities and projects in Liberia and will also be in charge of the shipping and sale of Ta 2 O 5 concentrate to the EU market. UCP is seeking sole control and ownership of the mining licences. 2.1.2 ECTerra (Aus) Pty Ltd. – Australia.
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Its junta leader Colonel Mamadi Doumbouya is backing Friedland, who is developing the Nimba iron ore mine project in Guinea. With a view to exporting its future production, Friedland paid $37m to the Liberian state in 2022 to secure access to the rail line leading to the port of Buchanan (AI, 25/04/23 ).
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:LiberiaArcelorMittalImportant milestone in Liberia's economic recovery achieved. ArcelorMittal, the world's largest steel and mining company, today commenced commercial iron ore production
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10 September 2021, 17:00 CET The Government of the Republic of Liberia and ArcelorMittal (‘the Company’), the world’s leading steel company, today signed an amendment to the Mineral
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Monrovia-April-8-TNR:ArcelorMittal Global Executive Chairman, Lakshmi Mittal, is set to arrive in Liberia on Monday, April 8, 2024, for a high-level meeting with His Excellency President Joseph Boakai in Monrovia. The discussion will revolve around ArcelorMittal’slong-term partnership and investment in Liberia, including its third
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:Iron Ore Mining in LiberiaLogistics Operations in Liberia · ArcelorMittal Liberia’s Phase Two Expansion not only brings economic benefits but also unveils plans for a significant mining infrastructure upgrade. A pivotal
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Mining in Liberia plays a significant role in the country’s GDP, with a growing minerals industry that continues to develop since the end of the country’s civil war in the early 2000s. Located on the tropical west
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· The first shipment of products from the Baowu Liberia iron ore project arrived at Zhenjiang Port, and the project in neighboring Guinea is accelerating. According to the latest news from China Baowu, the world’s largest steel company, on the afternoon of October 12, the “Changhai Binhai” ship, which had been sailing for more than a […]
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· In January 2008, the Liberian government declared the South African mining firm, Delta Mining Consolidated the provisional winner of a $1.5 billion bid to develop the Western Cluster Iron Ore Deposit. According to the government, Delta Mining Consolidated beat various rival bids for the Liberian concession, including those from
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· In Liberia, a gold boom leads to unregulated mining and ailing rivers. by Varney Kamara on 22 December 2022. Liberia has abundant mineral resources and legislation aimed at preventing the most
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· The $3-billion to $5-billion project will connect Nimba, Guinea’s richest mining region, with a new railroad to a new deepwater port in Liberia, an extension of the existing hydropower network
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· Pre-Tax NPV5% of USD690 million, Pre-Tax IRR of 26.35% and AISC of USD1,005/oz 2.27Moz gold production over a 14-year mine life, producing 200,000 oz per annum in the first 5 years Upon filing of the Feasibility Study on SEDAR Pasofino can deliver an Option Satisfaction Notice confirming that it has satisfied the requirements to earn its
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January 27, 2014. Aureus Mining has confirmed further gold drilling intercepts from the phase four programme at the Ndablama gold project in Liberia. The Ndablama gold target is situated within the northern block of Aureus Mining’s Bea Mountain mining licence in Liberia, and is located 40km north-east of the company’s New Liberty gold project.
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· Image: Tango Mining to acquire an 80% unencumbered interest in the Mano River Project. Photo courtesy of rawpixel on Unsplash. The Property consists of one recently granted 104.3 square kilometer diamond mineral exploration license located in the western part of Republic of Liberia. This portion of Liberia is well known for the wide
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· Chinese steelmaker Baowu Group has shipped its first cargo of iron ore from its flagship Bomi project in Liberia, said its subsidiary Baowu Resource in a statement, marking the successful commissioning of its first controlled overseas mine in West Africa. The 46,000-tonne shipment left Monrovia's BMC port on December 24 and
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· The project involves mining and shipping high-grade iron ore, with a concentrate plant to be set up at the Bomi mine to produce over 65% Fe iron ore concentrate. The project also aims to contribute to the socio-economic development of Liberia, creating jobs, improving infrastructure, and supporting local communities.
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· By Mining Review Africa. April 16, 2024. Pasofino has announced the arrival of a drilling rig and crews at the Bukon Jedeh ‘gold camp’ at the company’s Dugbe Gold Project, Liberia. Drilling at the site is expected to commence in the coming days. As announced on February 26, 2024, Bukon Jedeh is a priority target for gold exploration
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:Iron Ore Mining in LiberiaTriple Iron Ore Production · Liberia and ArcelorMittal have signed an amendment to a Mineral Development Agreement involving a boost in premium iron ore production, new jobs
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· China’s Baowu Group-backed Bao Chico Resources Liberia Company completed its first shipment of iron ore from the Bong mine area this week. A bulk carrier loaded with 45,000 tonnes of iron ore set sail from the BMC terminal at the Freeport of Monrovia, the capital of Liberia. These products are from a 1.5 million tonnes/year dry
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The Government of the Republic of Liberia and ArcelorMittal (‘the Company’), the world’s leading steel company, today signed an amendment to the Mineral Development
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:Iron Ore Mining in LiberiaArcelormittal Liberia ProjectMining Industry · ArcelorMittal signed an agreement on Friday to stay for at least 25 more years in Liberia, where it will at least triple its iron-ore production and invest an additional
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