Cape Lambert inks infrastructure deal for Sierra Leone project

Australian iron-ore-miner Cape Lambert has signed a term sheet with Aim-listed African Minerals for rail and port infrastructure for its Marampa project, in Sierra Leone. Cape Lambert would gain a 33% stake in the Marampa rail and Pepel port,...

London Mining seeks partners for Greenland magnetite project

A full feasibility study at iron-ore miner London Mining’s Isua magnetite project, in Greenland, would now be undertaken, after the latest prefeasibility study (PFS) proved that the project could produce ten-million tons a year of iron-ore...

London Mining sells remaining stake in DMC

Aim-listed London Mining has agreed to sell its 27,5% stake in Delta Mining Consolidated (DMC) to resources investment company Sable Mining for $40-million in cash and shares. Sable already held a 72,5% stake in DMC, which held an interest in a...

Chinese companies talk to UK miner about Sierra Leone iron-ore

British mining company London Mining has revealed that it is in talks with major Chinese groups about its Marampa iron-ore project in Sierra Leone. “We’re having these discussions now,” London Mining CEO Graeme Hossie told Bloomberg News....