Sable Mining Looks to Produce Iron Ore by 2015
Investing News Network - 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.