Putu Iron Ore Company

About the Putu Iron Ore Project. The Putu iron ore project is a 12km long iron rich ridge, located only 120km inland from the deepwater shoreline of eastern Liberia. In 2009 the Company announced ...

UK- and Canada-listed African Aura Mining has announced that it has received the last tranche in the amount of $4.2 million from the Russian steel and mining company Severstal for its stake in the Putu iron ore project in eastern Liberia, West Africa.. Severstal paid the first tranche of $8.3 million for the shares acquired in the original Putu project joint venture …

Monrovia — Months after FrontPageAfrica reported that Russian Iron Ore Company, Putu Mining, has shut down its activities in Liberia, Senator Alphonso Gaye of Grand Gedeh County has …

7.07.2014 July 07, 2014, Monrovia - OAO Severstal, one of the world's leading integrated steel and mining companies, is pleased to announce that a Class "A" Mining License for the mining of iron ore in the Putu Mountain Range has been granted to Putu Iron Ore Mining Company Incorporated (PIOM, subsidiary of OAO Severstal) by the Government of Liberia …

2015: Severstal announced in April 2015 that Chief Executive Alexey Mordashov - who joined Severstal in 1988 - would step down from his position and seek election as Chairman of the company's board of directors. 2016: Putu Iron Ore Mining Co Inc was a -owned subsidiary of Severstal which was granted a license for mining iron ore in Liberia ...

An updated resource estimate for the mine was announced in February 2011. The new estimate doubled the resources to 2.37 billion tons graded at 34.1% iron from the initial estimate of 1.08 billion tons at 37.6% iron. The resource is categorised into three mineral types: oxidised BIF (CAP) material, haematite BIF (HBIF) and …

Afferro Mining has agreed to sell its 38.5 per cent interest in its Putu iron ore project in Liberia to Russia's second biggest steelmaker. Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, already owns the remaining 61.5 per cent of Putu through its subsidiary, Lybica Holdings.

This report evaluates Putu Iron Ore Mining operations in southeastern Liberia. At the PIOM concession, full-scale mining has not yet commenced, and as such the local population is largely hopeful of future opportunities and the company enjoys a fairly strong reputation. However, there are signs for concern. In 2011 a riot at PIOM caused two deaths and necessitated an ERU …

An independent mineral resource report has estimated a 3.2 billion tonnes deposit at OAO Severstal's Putu iron ore project in Liberia. Severstal is the majority stakeholder in the project …

geologist at putu iron ore mining company · Experience: putu iron ore mining company · Location: Liberia · 1 connection on LinkedIn. View Peter Ballah's profile on LinkedIn, a professional community of 1 billion members.

Putu Iron Ore also contracted to build a two-lane paved all-weather road between Greenville and Zwedru, (6.6 Concerning Road Renovation) a railroad for both private and commercial operations and a ...

Ministry of Mines and Energy, Liberia - Online Repository Mining Cadastre Information Management Unit

Affero Mining has unveiled plans to divest its 38.5% stake in the Putu iron ore project located in Liberia to Lybica Holdings for $115m. Lybica, an associate company of Severstal Resources, currently owns 61.5% of the Putu joint venture project.

Putu IRON ORE Mining Inc., Baglor Town, Grand Gedeh, Liberia. 363 likes · 8 were here. The Putu Mountains is situated in Southeastern Liberia in West Africa and is rich in mineral deposits of gold,...

The Putu Iron Ore Company based in Grand Gedeh County, southeast Liberia has reportedly shut down operations in the county. Grand Gedeh County Senator G. Alphonso Gaye, who made the disclosure in …

The Board of Afferro Mining Inc. ("Afferro" or the "Company") announces that it has received final approval from the TSX Venture Exchange for completion of the Sale and Purchase Agreement dated 23 December 2011, under which the Company will sell its remaining 38.5% interest in the Putu iron ore project, located in Liberia, to Lybica …

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 ...

The Putu project has an estimated Inferred Mineral Resource of 185 Mt of oxide material, with a grade of 37.8% Fe, 17 Mt of haematite itabirite at 48.25% Fe and 2,173 Mt of magnetite itabirite at 33.7% Fe. The sale will enable Afferro to move forward with the development of its wholly-owned Nkout iron ore project in Cameroon.

Monrovia – Russian steel giant, Putu Mining, has pulled out of Liberia, Liberia's Minister of Lands, Mines, and Energy, Patrick Sendolo revealed during an appearance at the Liberian Senate. Report by Henry Karmo – henry.karmo@frontpageafricaonline Minister Sendolo said the company left because it could not handle the mining process singlehandedly. …

About the Putu Iron Ore Project The Putu iron ore project is a 13km long iron rich ridge, located only 120km inland from the deepwater shoreline of eastern Liberia. In 2009 the Company announced an Independent Mineral Resource of 1.08 billion tonnes of iron ore at 37.6% total iron (Fe) from drilling undertaken on a 2.6km section of the ridge.

Russia's second-biggest steel producer owns 100 percent of the Putu project -- a 13 km (8 mile) long iron rich ridge around 130 km inland from the coast in eastern Liberia. The company estimates ...

Afferro Mining has agreed to sell its 38.5 per cent interest in its Putu iron ore project in Liberia to Russia's second biggest steelmaker. Severstal, one of the world's leading vertically integrated …

Revenues from iron ore accounted for nearly half of the country's earnings prior to 1990. Since 2006 to date, the sector has attracted billions of dollars in investments from key players including ArcelorMittal, Bea Mountain, China …

Months after FrontPageAfrica reported that Russian Iron Ore Company, Putu Mining, has shut down its activities in Liberia, Senator Alphonso Gaye of Grand Gedeh County has corroborated reports by ...

In addition to its 59% stake in Stellar Diamonds (LON:STEL), the company owns assets including the New Liberty gold project and Putu iron ore project. Its joint venture partner, Severstal Resources, is exploring and operating the Putu mine, and African Aura has also recently signed a contract with New Resolution Geophysics to undertake an ...

The Putu Iron Ore Mining Company, a Russian steel giant, signed a Mineral Development Agreement (MDA) with Liberia on September 2, 2010. The company's …

MONROVIA — FrontPageAfrica has gathered from confidential documents and sources that the Liberian government has been opting through an agreement to allow Pioneer …

OAO Severstal, a leading Russian steelmaker, has announced that a Class A mining license for mining iron ore in the Putu Mountain Range has been granted to the Putu Iron Ore Mining Co Inc, which is a -owned subsidiary of Severstal.

The Government of Liberia entered into a mining agreement in 2006 with Arcelor Mittal to mine iron ore in Nimba. A portion of the agreement gives the company an obligation …

T he Grand Gedeh Bar Association (GGBA) on Thursday, petitioned members of the county's legislators to push for the review of the Putu Iron Ore Mineral Development Agreement, which was signed some 10-years ago.. The Bar`s petition for a review is based on "Sections 31 Periodic Review" and "31.1 Profound Change in Circumstances" of the …