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tonkolily project update, page-6

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    About Thomson Reuters.FACTBOX-Iron ore projects in West and Central Africa
    Mon Jun 21, 2010 7:52pm GMT
    Print | Single Page[-] Text [+] ArcelorMittal restarted work this year on its $2.2 billion Faleme project, also suspended last year. No new timetable has been put in place, but work is underway on analysing infrastructure requirements.

    FYI
    SIERRA LEONE

    London-listed African Minerals expects to start commercial production at its Tonkolili project in the first quarter of 2011. The company says the resource, at 10.5 billion tonnes, is one of the biggest in the world.

    Another company, London Mining said earlier this year it will spend $300 million on its Marampa project, for which it is targeting primary ore production of between 5 million and 8 million tonnes per year by 2013.

    (Sources: Company information, Reuters data; compiled by Daniel Magnowski; editing by Alison Birrane)
 
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