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Bloomberg reported that London Mining Plc, which is Sierra Leone’s second biggest iron ore producer, is still continuing talks to find a partner that will help finance its planned expansion of the Marampa mine.
Bloomberg reported that London Mining Plc, which is Sierra Leone’s second biggest iron ore producer, is still continuing talks to find a partner that will help finance its planned expansion of the Marampa mine.
As quoted in the market news:
Our assets have substantial additional potential but they do require large capex to unlock,” Chief Executive Officer Graeme Hossie told reporters today on a conference call. “Whether and how quickly that strategic partnership funding plan will be realized is difficult to predict.
Click here to read the full Bloomberg report.
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