1 The company is opting to export its iron ore from Guinea through Liberia using the railway infrastructure from Nimba to the Port of Buchanan. It can be recalled the U.S. Treasury Department recently sanctioned Mr. McGill and Mr. Twehway for their alleged involvement in public corruption.
Nimba's total project development costs are estimated at $2.77 billion, with an additional $600 million in direct capital costs for rail and port infrastructure in Liberia, HPX said.
Current Operations The Nimba Iron Ore Project entered a new phase of its history with a change in the Project's ownership. In this Section Change in Ownership and Relaunch of Project Development MIGA Guarantee Change in Ownership and Relaunch of Project Development
West Africa -focused miner Nimba Development Company (NDC) has started with a preliminary technical information exchange process with the government of Guinea, as part of the Nimba iron-ore mine ...
The reserves of Mount Nimba are estimated around 1 billion tons of 61% grading iron ore. The mine is expected to have a lifespan of 25 years and to produce 1.5 million tonnes of high-grade iron ore in the first year, with the potential to increase to 30 million tonnes per year at peak extraction [4] [5]. Furthermore, Guinea and Liberia seem to ...
West Africa-focused mining company Nimba Development Company (NDC) and the Government of Guinea have assumed full control of the Nimba Iron Ore Project in the country. The move comes after NDC secured control over Société de Développement Nimba (SDN), the owner of the iron ore project. SDN was previously known as Zali Mining and prior …
The Nimba Iron Ore Project Nimba Iron Ore Project - SMFG is located in the Guinean Nimba Mountains, in south-eastern Guinea, adjacent to the Liberian …
Located near ArcelorMittal's mine and infrastructure operations in Liberia, the Mount Nimba iron ore site has 935 million tonnes of direct shipped ore grading at 63.1% iron. The direct shipped ore requires simple crushing and screening for its use in steelmaking.
The company is opting to export its iron ore from Guinea through Liberia using the railway infrastructure from Nimba to the Port of Buchanan. It can be recalled the U.S. Treasury Department recently sanctioned Mr. McGill and Mr. Twehway for their alleged involvement in public corruption.
The Nimba Iron Ore Project entered a new phase of its history with a change in the Project's ownership. ... programme is being undertaken in the first half of 2021 to permit defining the final locations for the future mine's infrastructure, a joint effort of the design engineers and the ESIA specialists. In parallel, a highly trained ...
In 1980, the Guinean part of the Nimba Mountains was recognised as the Nimba Mountains Biosphere Reserve (NMBR) under UNESCO's Man and Biosphere (MAB) Programme, consisting of a core conservation area of approximately 100 km² in the southern two-thirds of the Guinean SNR, and a northern 'buffer zone' of approximately 50 km², including the main identified iron …
Ivanhoe Liberia Limited (Ivanhoe Liberia), formerly Euronimba Liberia Limited, was created to study, rehabilitate, expand or build from the ground up the rail and port facilities to transport the iron ore to be mined in the Guinean Nimba Mountains to a deep-water port on the Liberian coast, in or near Buchanan. In addition, Ivanhoe Liberia is ...
development of the Nimba Iron Ore Project and associated transport infrastructure so as to encourage responsible economic development in the Nimba region of Guinea. NDC is a UK registered company with an international, mining experienced management team and Guinean and International shareholders. SDN is a Guinean registered company
"This Framework Agreement for access to critical Liberian port and rail infrastructure is an important step forward in making the Guinean Nimba Iron Ore Project a reality. It is clear that our project will deliver significant benefits in the form of investment, employment and recurring income for both Guinea and Liberia.
Guinea-based mining company Nimba Development Company (NDC) has taken control of Societe de Development Nimba (SDN), the owner of the Nimba Iron Ore Project, and unveiled plans to develop the mine and related infrastructure. The company said it had assumed 85% control of the SDN, with the government of Guinea holding the remaining 15%.
We, the Société des Mines de Fer de Guinée (SMFG), have been entrusted by the people of Guinea to responsibly develop the Nimba Iron Ore Project and create a positive contribution for future generations. The Project represents …
Monrovia, Liberia-One of the world's leading global investors in Iron Ore is to invest in Liberia's mining sector in a major way.The Company, High Power Exploration carried out its 2021 PFS which was led by independent engineering firm Hatch Ltd of Toronto, Canada, and evaluated the development of a mine, rail, and port infrastructure to export up to 30 million …
Report summary. Nimba (Yekepa) Phase 2 is the expansion of ArcelorMittal's Liberia's DSO operation. The company has been producing 5 Mtpa of DSO since 2011 but in April 2021 ArcelorMittal announced its decision to progress with the proposed Phase 2 expansion which will produce 15 Mtpa of a sinter fines concentrate commencing in Q4 2023.
ArcelorMittal Liberia Ltd (MT), along with Government of Liberia (GoL), is undertaking the second phase of Nimba Western Range Iron Ore project in Liberia.The project involves the expansion of iron ore processing capacity from four million tons per annum (MTPA) to 15MTPA.It includes the construction of a new 15MTPA concentrator, storage reservoirs, a …
Nimba's total project development costs are estimated at $2.77 billion, with an additional $600 million in direct capital costs for rail and port infrastructure in Liberia, HPX said.
NDC and the Government of Guinea have agreed to work together to advance the development of the Nimba Iron Ore Project and associated transport infrastructure so as to encourage responsible ...
SMFG invests in raw materials for its infrastructure . As the Nimba iron ore project moves forward, the Guinean state mining company intends to extract the raw material it needs to build a railway and export its future production. ... Having completed the pre-feasibility study for its Nimba iron ore project in Guinea, SMFG has now finalised ...
Guy de Selliers, Chairman of SMFG commented: "The Nimba Iron Ore deposit is renowned for its very high grade, as well as for its proximity to existing infrastructure. Bringing the Project's high ...
Ivanhoe Liberia Limited (Ivanhoe Liberia), formerly Euronimba Liberia Limited, was created to study, rehabilitate, expand or build from the ground up the rail and port facilities to transport the iron ore to be mined in the Guinean Nimba Mountains to a deep-water port on the Liberian coast, in or near Buchanan.
NDC is committed to developing the infrastructure around its mine, held through its subsidiary Société de Développement Nimba ("SDN"), formerly Zali Mining S.A., in the Nimba mountains region and enhancing the economic prospects of the local population in south-east Guinea.
Vancouver-based HPX acquired the iron ore deposit in September 2019. Based on a 2015 report by the United States Geological Survey (USGS), Nimba holds roughly one billion tonnes of high-grade iron...
The Framework Agreement is the next step in de-risking the world-class Guinean Nimba Iron Ore Project and moving the project closer to realization. HPX and the Government of Liberia have agreed a timetable for detailed negotiations and the implementation of a definitive Concession and Access Agreement for HPX's infrastructure requirements.
HPX acquired Nimba Iron Mine in September 2019. According to a 2015 report by the United States Geological Survey (USGS), the Nimba project contains approximately 1 billion tons of high-quality iron ore. ... Due to protracted legal disputes and infrastructure costs, Guinea's iron ore has not been developed. In October 2019, Guinea and Liberia ...
Nimba Development Company, "NDC", a modern mining company focused on resource development in West Africa, is pleased to announce that it has been transferred control of Société de Développement ...