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CORPORATE ACTIVITY

Cape Lambert launches another share buy-back

ASX-listed resources firm Cape Lambert Resources has launched a second on-market share buy-back to regain about 10% of the company’s issued share capital. In the first on-market buy-back, which ended at the start of January, Cape Lambert...
9th January 2014
 
IRON-ORE

London Mining’s Marampa on track to reach 1.5Mt/y

London Mining said on Thursday said it was on track to produce 1.5-milion tons a year of iron-ore concentrate from its Marampa mine, in Sierra Leone, by the end of 2012 and was expanding the facility’s capacity further. The UK-based company...
23rd August 2012
 
IRON-ORE

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,...
19th July 2010
 
IRON-ORE

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...
30th June 2010
 
M&A

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...
23rd April 2010
 
Iron ore

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....
6th November 2009
 
 
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