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African Minerals moves to put Tonkolili on care and maintenance

By: Creamer Media Reporter London-listed African Minerals, which owned 75% of the Tonkolili iron-ore mine in Sierra Leone, had started the controlled shutdown of operations at the mine, as it moves to put the operation on care and maintenance owing to insufficient working capital. The company noted on Monday that the... 

AML chair concludes buyout of embattled London Mining asset

By: Natasha Odendaal A company established by African Minerals Limited (AML) executive chairperson Frank Timis has stepped in to buy embattled London Mining’s Sierra Leone assets for an undisclosed amount. AML gave the go-ahead to Timis, in his personal capacity, to acquire the Marampa mine, through Timis... 

African Minerals ushers in new CEO, CFO as Calder and Perry exit

By: Creamer Media Reporter London-listed iron-ore firm African Minerals Limited (AML) on Wednesday announced the resignations of its CEO and CFO and said that company director Bernard Pryor and Kazakhmys CFO Matthew Hird would take up the positions. The Tonkolili project owner, which lost 14% on the London bourse on... 

African Minerals CEO steps down after 3 yrs

By: Reuters African Minerals surprised the market on Tuesday when it said CEO Alan Watling intended to retire after just three years at the helm, following completion of an early stage in its key Sierra Leone iron-ore project. News of Watling's planned retirement hit shares in the miner, the largest of West... 


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