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Liberia has hosted a commercial gold mine since 2016 and the country’s fiscal regime is highly supportive of the industry, with a 3% royalty rate and a 25% basic rate of tax. In June 2020, the Company entered into an earn-in agreement with Pasofino Gold Limited (TSX: VEIN) in respect of Dugbe who will earn in a 49% in the Project once a definitive feasibility study and agreed exploration programme is completed
Liberia: Politicians and UK mining company charged with corruption Published by MAC on 2016-06-11 Source: Reuters, MG Africa . Liberia indicts Sable Mining chief executive over alleged bribery scandal. Reuters. 9 June 2016
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ArcelorMittal Training Academy We’re committed to attracting, developing and retaining the best young talents in Liberia and to ensure that they have the necessary skills to meet the demands of the mining industry and the Liberian job market
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May 11, 2016 UPDATE 13 May 2016: Liberia government announces investigation task force. A Global Witness expos released today has uncovered over US$950,000 in bribes and other suspicious payments by UK mining firm Sable Mining and its Liberian lawyer, Varney Sherman. Responding to Global Witness’ findings, the government has pledged to investigate and hold those culpable to account
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(Liberia) Bong Mines Company Ltd. (commonly known as China Union) and ArcelorMittal were the first companies to start production. Production of ‘direct shipping ore’ (DSO) commenced in 2011 from the first of three deposits at Yekepa (Mount Tokadeh, Mount Gangra and Mount Yuelliton) in the ‘Western Range Project’ (WRP) operated by
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Youga Gold Mine and Balogo Deposit – Burkina Faso – KEY FACTS. Located in the “Centre-Sud” region of Burkina Faso. Acquired from Avesoro Jersey in December 2017. Strong cash flow generative assets. Combined proven and Probable Mineral Reserves of 14.74Mt containing 814,900 ounces of gold grading 1.72g/t. Combined Measured and Indicated
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COMPANY OVERVIEW. The Solway Investment Group, GmbH, is a private international mining and metals group located in Switzerland. Solway operates mines and smelting plants in Guatemala, Ukraine, Russia, Indonesia and Macedonia, with a focus on nickel production. The Group has a strong portfolio of mineral projects in various stages of development, which increases both our mineral reserves and our
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Jun 09, 2021 Following the inauguration of the Sirleaf administration in 2006, Liberia signed several multibillion-dollar concession agreements in the iron ore and palm oil industries with numerous multinational corporations, including BHP Billiton and ArcelorMittal
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Sep 18, 2020 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 4.4 billion-tonne iron ore resource, which has an estimated preliminary CAPEX of $3-4 billion
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Liberia has a lengthy history of diamond explo-ration, particularly in central and western Liberia. Between 1962 and 1966 the Diamond Mining Company (Liberia) identified a number of kimber-lite dykes as part of a regional exploration pro-gramme. In 1972 the United Nations undertook a mineral indicator survey over western Liberia and
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Astra Explorations & Mining Company (Proprietary) Limited (In deregistration March 2007) Botswana: 10 : Atlas Steels Company Limited : Canada: 11 : Auvernier Limited (In liquidation 30 June 2004) United Kingdom: 12 : Baniettor Mining (Proprietary) Limited : South Africa: 13 : BHP Billiton (BVI) Limited : Virgin Islands, British: 14 : BHP
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May 25, 2016 The move came after a cache of files was leaked to the campaign group Global Witness, which suggested that a Liberia business acquired by Sable Mining, a company
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May 21, 2021 German Mineral company, Thesaurum Gold Exploration Ltd Chief Executive Officer Richie Engl with Ministers Sherman and Sartuth. MONROVIA — Given the urgent need to revitalize and realign reform efforts, particularly in the mining and health sectors, a German gold mining company, Thesaurum Gold Exploration Ltd, pledged to support the government in funding the mining business
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More. for BHP BILLITON LIBERIA (JERSEY) LIMITED (FC030401) Overseas company address. Fairbairn House 31 Esplanade, St Helier, Jersey, Channel Isles, JE1 1FT. Company status. Active. Company type. Overseas company. First UK establishment opened on
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A global energy company. BHP has announced its intent to create a global top 10 independent energy company through an agreement to pursue a merger of BHP’s Petroleum business with Woodside. The combined business will offer ongoing value during the energy transition. Read more
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Marc Struik, head of mining at BSG, told the Financial Times the Vale-BSG joint venture wanted to build a new port at Didia in Liberia. That could cost $1bn, Mr Struik estimated. The joint venture
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Bea Mountain Mining company/ Avesoro Resources Jan 2021 - Present 8 months. Liberia Project Geologist ... Consulting Geologist BSD Mining Liberia, Lt'd. Jun 2019 - Jan 2021 1 year 8 months. Liberia Project Geologist GeoDepot Consulting Group May 2019 - Jan 2021 1 year 9 months. Monrovia, Liberia
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Mar 21, 2017 The exploitation of Liberia’s gold and diamonds allowed Taylor, convicted of war crimes and crimes against humanity by the International Criminal Court in 2012 and now serving a 50-year prison sentence in the UK, to fund his war effort. In 1998, foreign interests bought Bea Mountain Mining. The beneficiaries of the sale were well hidden
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Oct 10, 2018 Logging companies are using a number of tricks to undermine community forestry in Liberia, including: Seizing control over community forests before permits have even been awarded to communities. Drawing communities into secret pacts by working with selected elites who haven’t been formally elected by the people to represent their interests
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Mar 20, 2016 Private capital is ready to invest $7 billion in mining. According to a study of private capital in the resources sector from industry tracker Preqin, half of investors in the mining and metals
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Jan 03, 2020 Beyond long-established rubber plantations and some iron ore mining, there is no industry to pull Liberia out of its slump. ... for new legislation that would make UK companies
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Mining is one of the few industries that emerged from the worst of the COVID-19 pandemic economic crisis in excellent financial and operational shape. In fact, 2020 was a banner year for the mining sector. The Top 40 mining companies have never been in a stronger financial position to make a big, bold pivot towards the future
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