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. The sale and purchase agreement, estimated to be worth $115m, was first signed on 23 December 2011.

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Liberia issues mining licence for Putu iron ore project

OAO Severstal, a leading Russian steelmaker, has announced that a Class A mining license for mining iron ore in the Putu Mountain Range has been granted to the …

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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. ... after 90 days, in the event that PGL is unable to get the consent and agreement of Severstal or Severstal is unwilling to …

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Putu Iron Ore Mining Inc

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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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. ... a wholly-owned subsidiary of Afferro Mining Inc. (Afferro), on purchasing a 38.5 percent minority interest in Severstal Liberia Iron Ore has been closed. Lybica has paid the remaining …

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putu iron ore driving job liberia

Severstal pays last tranche for stake in Liberian Putu iron ore … UK- and Canada-listed African Aura Mining has announced that it has received the last tranche in the amount of $4.2 million from the Russian steel and mining company Severstal for its stake in the Putu iron ore project in eastern Liberia, West Africa..

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Putu Iron Ore Project

An updated resource estimate for the mine was announced in February 2011. The new estimate doubled the resources to 2.37 billion tons graded at 34.1% iron from the initial estimate of 1.08 billion tons at 37.6% iron. The resource is categorised into three mineral types: oxidised BIF (CAP) …

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Russian steelmaker buys African iron ore project

Afferro Mining has agreed to sell its 38.5 per cent interest in its Putu iron ore project in Liberia to Russia's second biggest steelmaker. Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, already owns the remaining 61.5 per cent of Putu through its subsidiary, Lybica Holdings.

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Severstal needs partner to bring Liberia iron ore mine online

In an emailed response to questions, Severstal communications officer Anastasia Mishanina wrote that the company was not in a position to go it alone at Putu. Severstal bought the Putu mine from ...

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Severstal Buys Rest of Putu

Severstal said its indirect subsidiary Lybica Holdings struck a heads-of-terms agreement with Afferro Mining to buy its 38.5 percent interest in the Putu iron-ore project in Liberia.Severstal ...

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Severstal to acquire 100pct of the Putu Iron Ore project in …

Severstal announced that its indirect subsidiary Lybica Holdings BV has entered into a legally binding heads of terms agreement with Afferro Mining Inc and its …

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Liberia: Solway Mining – Company encroaching on …

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 …

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putu iron mining company libéria offre d emploi

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 …

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Severstal eyes iron ore, coal assets in Africa, Russia

Russian steelmaker OAO Severstal's Chief Financial Officer said Friday the company is interested in iron ore projects in Africa and coking coal projects in Russia and former Soviet Union countries.

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Liberia grants Severstal mining licence for Putu iron ore …

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin. Liberia's ministry of lands, mines and energy issued the licence following approval of a feasibility study on the Putu iron ore project submitted by Severstal on March 31, the miner said on Monday July 7.

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Locked Treasure: Tale of a Billion-Dollar Russian Iron Ore …

Liberian authorities, led by Mines and Energy Minister Wilmot Paye, are now grappling with a legal dilemma. They are in negotiations with Severstal, seeking an …

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Liberia: Solway Mining – Company encroaching on …

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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Sale of Putu Iron Ore Project

AFFERRO MINING INC. Afferro signs definitive sale and purchase agreement to divest interest in the Putu Iron Ore Project for a minimum of US$115 million cash consideration Further to the ...

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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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iron ore mining in liberia

Severstal says Liberia iron ore deposit estimates up - Yahoo! News. Oct 17, 2012 · Severstal says Liberia iron ore deposit estimates up ... Poland, Italy, Liberia and Brazil, indirectly holds 100 percent interest in Putu Iron Ore Mining. ...

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Putu Iron Ore Mining Inc.

Putu Iron Ore Mining Inc. - Severstal Resources - Facebook

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OAO Severstal Proposes $2bn Investment Programme in 2011

OAO Severstal has announced its plans to invest $2bn to improve operating efficiency, overhaul its operational facilities and ensure that the company maintains industry-leading health and safety standards. The company plans to invest $650m, a 53% increase from 2010, to update the produ

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Severstal pays last tranche for stake in Liberian Putu iron ore …

UK- and Canada-listed African Aura Mining has announced that it has received the last tranche in the amount of $4.2 million from the Russian steel and …

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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 …

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Severstal' OAO : Estimated iron ore resources at the Putu …

OAO Severstal ("Severstal", "the Company"), one of the world's leading vertically integrated steel and steel-related mining companies, announces that an …

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Severstal pays last tranche for stake in Liberian Putu iron ore …

UK- and Canada-listed African Aura Mining has announced that it has received the last tranche in the amount of $4.2 million from the Russian steel and mining company Severstal for its stake in the Putu iron ore project in eastern Liberia, West Africa.. Severstal paid the first tranche of $8.3 million for the shares acquired in the …

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sbm/sbm geologist putu iron ore mining company liberia …

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Severstal planning higher production; bullish on coal, iron ore

Russian mining group Severstal plans to boost production of coking coal and expects iron ore mines in Liberia and Brazil to come online by 2017, the company said Thursday in a presentation to ...

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