Friday 23 January 2015

Otmane El Rhazi : Sable confirms discussions around Liberia iron-ore export deal

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



Aim-listed Sable Mining on Friday confirmed that it was in “advanced discussions” with the governments of Liberia and Guinea regarding its Mount Nimba iron-ore project, in south-east Guinea. Media reports stated that the company was expected to soon sign a $1.3-billion, 25-year infrastructure development agreement with Liberia for the transshipment of Guinean-mined ore through Liberia.

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