Liberia Putu Mining Shuts Down Over
·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
Locked Treasure Tale of a Billion Dollar Russian Iron Ore
·The Putu iron ore project owned by the Russian steel giant Severstal has been in limbo since 2016 leaving local communities in a state of limbo as well The story began in 2012 when Severstal acquired the Putu project a 13 kilometer long iron rich ridge from Afferro Mining for $122 million
Mining and Minerals in Liberia NIC
The Mining Sector has been the mainstay of the Liberian economy with iron ore leading the way Revenues from iron ore accounted for nearly half of the country s earnings prior to 1990 Since 2006 to date the sector has attracted billions of dollars in investments from key players including ArcelorMittal Bea Mountain China Union Liberty
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 billion tonne iron ore resource which has an estimated preliminary CAPEX of $3
Liberia House Summons Top Officials Over Putu Iron Ore Mining
·Putu Iron Ore Mining Company owned by a Russian steel giant signed a Mineral Development Agreement MDA on September 2 2010 However in 2016 the company abruptly shut down its operations
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 wholly owned subsidiary Mano River
House summons top officials over Putu iron ore mining deal
·Putu Iron Ore Mining Company owned by a Russian steel giant signed a Mineral Development Agreement MDA on September 2 2010 However in 2016 the company abruptly shut down its operations leaving Grand Gedeh County in economic distress The company had played a crucial role in employment infrastructure development and human capacity
Liberia grants Severstal mining licence for Putu iron ore project
·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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