Monday 26 January 2015

Otmane El Rhazi : Sable signs infrastructure development agreement with Liberia govt

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



The signing of a 25-year infrastructure development agreement (IDA) between Aim-listed iron-ore explorer and developer Sable Mining Africa and the government of Liberia would allow the company to use, rehabilitate and expand the established rail line from Yekepa, in south-east Guinea, to the Port of Buchanan in Liberia, to export ore from its Mount Nimba project, in Guinea. The IDA was signed by Sable’s 80%-owned West Africa Exploration (WAE) subsidiary late last week.

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