Sable Mining Looks to Produce Iron Ore by 2015

- September 17th, 2013

Sable Mining (LSE:SBLM) is planning to invest about US$5 billion and export at least 10 million tonnes of iron ore per year from its Nimba iron ore deposit in Guinea, Reuters reported.

Sable Mining (LSE:SBLM) is planning to invest about US$5 billion and export at least 10 million tonnes of iron ore per year from its Nimba iron ore deposit in Guinea, Reuters reported.

As quoted in the market news:

Mr Aboubacar Sampil, executive director of West Africa Exploration SA, Sable’s local subsidiary said that construction was expected to begin next year and production scheduled for 2015.

Click here for the full Reuters story

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