putu iron mining company
Putu Mining pulls off
The Putu Iron Ore Company based in Grand Gedeh County, southeast Liberia has reportedly shut down operations in the county. Grand Gedeh County Senator G. Alphonso Gaye, who made the disclosure in plenary Tuesday, January 12, said the mining company has closed all its activities and subsequently, paid off all employees and …
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Afferro Mining to divest iron ore project in Liberia
Afferro Mining has received final approval from the TSX Venture Exchange to divest its stake in the Putu iron ore project, located in Liberia. January 17, 2012. Share ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined …
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Liberia: Financial Crisis Hit Putu Iron Ore Operations in Liberia
The Putu iron ore project is a 13km long iron rich ridge, located only 130km inland from the shoreline of Eastern Liberia. In February 2011 an independent mineral resource report estimated 2.4 ...
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Grand Gedeh Bar wants review of Putu Mines agreement
T he Grand Gedeh Bar Association (GGBA) on Thursday, petitioned members of the county's legislators to push for the review of the Putu Iron Ore Mineral Development Agreement, which was signed some 10-years ago.. The Bar`s petition for a review is based on "Sections 31 Periodic Review" and "31.1 Profound Change in …
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The mining sector of Liberia: current practices and
Mine/company MDA/agreement Production Type of mineral Ore grade Mining method Estimated reserves Nimba Range/ AML 2005; 25 years 5.1Mt ore Iron ore; hematite, magnetite 65–69% Fe Open pit 417 Mt Bong Mines/China Union 2009; 25 years 0.70Mt ore Iron ore; magnetite 35–45% Fe Open pit 290 Mt Putu Range/PIOM 2010; 25 years …
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Meet Angela List of Ghana: The Most Powerful 'Investor' In Weah …
List and her company are also said to be tracking the Russian Iron Ore Company, Putu Mining operations which have been dormant for some time since it shut down its activities in Liberia. The Putu mine is a large iron mine located in south-east Liberia in Grand Gedeh County and represents one of the largest iron ore reserves in …
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Top five iron ore producing companies in 2020 by mining …
In the first half of its 2021 financial year, the company produced 108.4 million tonnes of iron ore. Unlike the other companies on this list which have diversified interests across a number of commodities, FMG's …
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Charlotte Wilson
Document Controller at Putu Iron Ore Mining Inc. · Responsible for controlling the numbering, filing, sorting and retrieval of electronically stored or hard copy. · Experience: Putu Iron Ore Mining Inc. · Education: Zwedru Multilateral High School · Location: Liberia · 406 connections on LinkedIn. View Charlotte Wilson's profile on LinkedIn, a professional …
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Liberia: National Investment Commission Declines To Grant …
MONROVIA — FrontPageAfrica has gathered from confidential documents and sources that the Liberian government has been opting through an agreement to …
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Liberia: Solway Mining – Company encroaching on ArcelorMittal
In 2014, the Government of Liberia issued a class A mining licence (for large-scale operations) to Putu Iron Ore Mining Company, a fully-owned subsidiary of Russian steel and mining major, Severstal. Severstal had since been looking for a partner to develop the 4.4 billion-tonne iron ore resource, which has an estimated preliminary …
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Liberia: Putu Mining Shuts Down Over International Crisis
of the Putu Iron Ore Mining Incorporated. On July 10, 2014 OAO Severstal, a leading Russian steelmaker, announced that a Class A mining license for mining iron ore in the Putu Mountain Range was granted to the Putu Iron Ore Mining Co Inc, which is a -owned subsidiary of Severstal. The license was issued by the Government of Liberia …
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Resource Contracts
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Severstal closes Putu iron ore project transaction with Afferro Mining
Russian steelmaker Severstal's indirect subsidiary Lybica Holding now holds of the Putu iron ore project in Liberia, upon completion of deal. ... subsidiary Lybica Holding B.V. and Mano River Iron Ore Holdings Limited (Mano), a wholly-owned subsidiary of Afferro Mining Inc. (Afferro), on purchasing a 38.5 percent minority interest in ...
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Putu Iron Ore Project, Liberia
Putu mine contains an estimated 2.37 billion tons of iron ore. Liberia is on the western coast of Africa. Iron ore from the Putu mine will most likely be converted into steel and …
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Global Iron Ore Mining Outlook
North America United States Fire Lake North Champion Iron () 2,738.8 Proved Reserves: 23.7mnt; Mine Life: 19.6years; Expected Production: 9.3mnt/yr; The mine includes Fire Lake North, Don Lake,
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Affero Mining to divest stake in Liberian iron ore project
Affero Mining has unveiled plans to divest its 38.5% stake in the Putu iron ore project located in Liberia to Lybica Holdings for $115m. Lybica, an associate company of Severstal Resources, currently owns 61.5% of the Putu joint venture project.
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Grand Gedeh Economic Challenges: A Call for Urgent Action
The Putu Iron Ore Mining Company, a Russian steel giant, signed a Mineral Development Agreement (MDA) with Liberia on September 2, 2010. The company's operations, which ceased in 2016, significantly impacted the socio-economic landscape of Grand Gedeh County through employment, human capacity development, and …
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Land Research Associates :: Eastern Liberia iron ore project
The Putu iron ore project is a 13 km long iron rich ridge within a 425 km² exploration tenement, located 130 km inland from the eastern coast of Liberia. It represents one of the largest iron ore reserves in the world, having estimated reserves of 4.4 billion tonnes of ore, with an average 34% iron grade.
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Putu Iron Ore Project, Liberia
2.37 billion tons graded at 34.1% iron STATUS Exploration PRE-FEASIBILITY STUDY Mid-2012 CONSTRUCTION SCHEDULED 2017 Putu Iron Ore Project, Liberia Putu iron ore project is part of a 425 square kilometre exploration tenement located in south-east Liberia. The mine includes a 12km ridge of banded iron formation which consists of haematite …
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Severstal's Putu Iron Ore Resource Estimated at 3.2 Billion …
An independent mineral resource report has estimated a 3.2 billion tonnes deposit at OAO Severstal's Putu iron ore project in Liberia. Severstal is the majority stakeholder in the …
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Liberia: Grand Gedeh Bar Wants Review of Putu Mines …
Under the Agreement, Putu obligates to pay US$3,000,000 (three million United States dollars) to the people of Grand Gedeh, River Gee and Sinoe counties each year as social development contributions.
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Lands & Mines Minister Confirms Putu Mining Exit From …
Monrovia – Russian steel giant, Putu Mining, has pulled out of Liberia, Liberia's Minister of Lands, Mines, and Energy, Patrick Sendolo revealed during an appearance at the Liberian Senate. Report by Henry Karmo – henry.karmo@frontpageafricaonline Minister Sendolo said the company left …
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Putu Iron Ore Project Update
The Company operates two divisions, namely: iron ore and gold: - The iron ore division includes its 38.5% interest in the Putu iron ore project in Liberia, which is moving through pre-feasibility managed by joint venture partner Severstal Resources (the mining division of Moscow listed OAO Severstal).
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Mining and Minerals in Liberia | NIC
Mineral Resources & Mining. Liberia's mineral industry is dominated by iron ore mining. In addition to the proven large deposits of iron ore, the country has substantial diamond and gold deposits as well as good indications of manganese, bauxite, …
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Severstal' : Government of Liberia issues class "A" mining …
7.07.2014 July 07, 2014, Monrovia - OAO Severstal, one of the world's leading integrated steel and mining companies, is pleased to announce that a Class "A" Mining License for the mining of iron ore in the Putu Mountain Range has been granted to Putu Iron Ore Mining Company Incorporated (PIOM, subsidiary of OAO Severstal) by the …
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Mines and Energy Minister clarifies Putu Mines Situation
MONROVIA, LIBERIA-The Ministry of Mines and Energy has clarified what it called faked acquisition of the Putu Iron Ore Mine by a company calling itself Blue Ocean Liberia Mining Corporation. Mines and Energy Minister Gessler Murray told ELBC on Monday, October 31, 2022, that the Ministry has no knowledge or records about the …
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Steel Related Mining Companies Holds a Interest in The Putu Iron …
The Putu iron ore project is a 13km long iron rich ridge,located only 130km inland from the shoreline of Eastern Liberia.According to the latest research,the mineral resource estimate was increased up to 4.4 billion tonnes,with an average 34%iron grade in Oct 2012.The Agreement term is for a period of 25 years and this can be extended …
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Liberia: National Investment Commission Declines To Grant …
The Putu Iron Ore Mine in Grand Gedeh County represents one of the largest iron ore reserves in Liberia and in the world, having estimated reserves of 2.37 billion tonnes of ore grading 34.1% iron metal. The company signed a Mineral Development Agreement during the regime of former Liberian president Ellen Johnson …
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Rio Tinto to build Simandou after decades of setbacks
Set to be the world's largest and highest grade new iron ore mine, the project will add around 5% to global seaborne supply when it comes on line. ... The company's annual capital investment ...
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Severstal to Accumulate of Putu Iron Ore Project in …
OAO Severstal's indirect subsidiary Lybica Holdings B.V. has entered into a legally binding heads of terms agreement with Afferro Mining Inc. and its wholly owned subsidiary Mano River Iron Ore Holdings Ltd. for the purchase of 38.5% interest in the Putu Iron Ore Project, Liberia. Severstal currently holds the remaining 61.5% interest in Putu.
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