The russian steel and mining company severstal has announced that it has signed5year mineral development agreement for the putu iron ore project with the government of liberia in western africa. severstal has held1.5 percent interest in the project since 2008, following the expenditure of 30 million inrefeasibility study.
Greater putu foundation ltd was connected to african aura which signed5 year renewable mineral development agreement with the liberian government to dig for iron ore in the southeast in may 2008ussian company severstal bought part of the putu iron ore project from africa aura and completed the sale in 2012.
Putu iron ore project progress update enp newswire 2010, march 18. enp newswire. 5.99 5.99 publisher description. listed exploration to production company focused on iron ore and gold in subsaharan africa provides an update on the putu iron ore project in eastern liberia,oint venture between the company and severstal resources.
A chinese company, bao chico resources, has asked the government of liberia to grant it5year classining license to extract iron ore. the companys request, which president george weah has bought into, has been communicated to members of the legislature for ratification despite the record of china union, another chinese iron ore mining.
Putu iron ore mining company liberia liberia issues mining licence for putu iron ore project oao severstaleading russian steelmaker has announced thatlassining license for mining iron ore in the putu mountain range has been granted to the putu iron ore mining co inc which iswned subsidiary of.
Liberia is on the western coast of africa. iron ore from the putu mine will most likely be converted into steel and exported worldwide. putu mine contains an estimated 2.37 billion tons of iron ore. putu iron ore project is part of25 square kilometre exploration tenement located in southeast liberia.
The putu iron ore project is3km long iron rich ridge, located 130km inland from the deepwater shoreline of western liberia. the ore has an estimated 34 total fe content.ineral development agreement detailing the fiscal and legal terms for the development and mining of the putu iron ore deposit was granted and ratified by the liberian.
Russian steel and mining major severstal has no concrete option in place for the future development of its putu iron ore project in liberia,ompany spokeswoman told steel first this week. severstal has already delayed the completion ofeasibility study at the 4.4 billion tonne resource, which it bought from londonlisted junior miner.
Mittal liberianing stage, ch ina unionvestment company mining stage, putu iron ore mining company development stage, bhp billiton liberia limited exploration stage and western cluster.
Liberias ministry of lands, mines and energy issued the licence following approval ofeasibility study on the putu iron ore project submitted by severstal on march 31, the miner said on monday july 7. severstal has been looking forartner to develop the 4.4 billiontonne iron ore resource, which has an estimated preliminary capex of 34.
Piom holdsineral development agreement mda with the gol to mine iron ore from one half of the putu district mountain range in grand gedeh county, liberia.3the mda entered into force in september 2010, although at the time of research, the summarydi briefing community relations in the putu iron ore mining concession introsummary.
Putu iron ore mining inc. feb 2010 present12 years. putu petroken tiama town,zwedru,grand gedeh county. position descriptions arecutting lines,collecting samples of an ore bodies and locating strikes and dips angles of the said ore bodies, locating drill pads using the coordinates gathered from areomagnetic survey,constructing the drill.
The putu iron ore project is3km long iron rich ridge, located only 130km inland from the deepwater shoreline of eastern liberia. in february 2011 the company announced an independent mineral resource of 2.4 billion tonnes of iron mineralisation at 34 total iron fe.
More companies are following suit. russian steel firm severstal bought out its minority partner afferro mining in april and then announced it would invest 66m in the putu iron ore project in southeast liberia. china union signed.7bn deal to redevelop liberias bong mines in january 2009.
Putu iron ore contract under threat of dissolution. septem. septem. user. liberian authorities have ordered the termination of the mineral concession agreement with putu iron ore mining company,ajor russian investment in liberia. severstal russian steel is the owner of putu iron ore concession which initial.
The russian steel and mining company severstal has announced that it has signed5year mineral development agreement for the putu iron ore project with the government of liberia in western africa. severstal has held1.5 percent interest in the project since 2008, following the expenditure of 30 million inrefeasibility study.
Afferro mining also has8.5 interest in the putu iron ore project in liberia the putu project, which has an estimated inferred mineral resource of 185 mt of oxide material withrade of 37.8 fe, 17 mt of haematite itabirite at 48.25 fe, and 2,173 mt of magnetite itabirite at 33.7 fe.
The putu iron ore project is3km 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 billion tonnes of iron ore at 34 total fe for the project. in june 2011 the resource estimate was increased to 3.2 billion tonnes of iron ore.
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. affero mining and its wholly owned subsidiary mano river iron ore holdings have entered into a.
Putu iron ore mining inc. 177 likesalking about thisere here. the putu mountains is situated in southeastern liberia in west africa and is.
Global iron ore mining outlook finland putu government of liberia 3,500 january 2016 severstals subsidiary, putu mining, has perpetually shut.
The putu iron ore mining he said severstals mission in liberia is to bee said, will include the creation of about 3,000 jobs for liberians click amp chat now grand gedeans on putu iron ore mining mda back to square.
Liberia will return to the worlds iron ore scene in june some decades after puttingalt to production. arcelormittal is due in june to makeirst shipment of ore from the yekepa mines in the mount nimba region. arcelor has been working on the project, which is being closely monitored by liberias mines and energy minister roosevelt jayjay, since 2005.
The putu iron ore project is2km long iron rich ridge, located only 120km inland from the deepwater shoreline of eastern liberia. in 2009 the company announced an independent mineral resource.
Security and acting site manager at putu iron ore mining incorporated liberia 103 connections. join to connect putu iron ore mining inc. amref nairobi. report this profile experience acting security site manager putu iron ore mining inc dec 2015 present 6.
Russias steelmaker severstal 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, it.