New mining scheme Established in Kono – Sierra Leone Obtala Resources, a public liability company Saturday sealed a deal with authorities and community people in Kono district, establishing the first such community mining scheme that will jointly operate the diamond mines in three chiefdoms, east of Sierra Leone.
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Oct 22, 2014Romanian-born billionaire Frank Timis is buying London Mining's Sierra Leone mine. Mr Timis's African Minerals owns a neighbouring iron ore mine, the Tonkolili project, in Sierra Leone and is expected to enter into a joint venture with Marampa.
Jul 13, 2019Landmark ruling against China's Shandong in Sierra Leone By Kemo Cham The Chinese mining company, Shandong, successor of the defunct African Minerals Limited (AML), has been ordered in a landmark ruling to pay the sum of Le1.6 billion in end of service benefits to a former employee.
Our diamonds doing good. Welcome to Koidu Limited! Come with us on a guided tour of our diamond exploration and mining operations in Sierra Leone. Meet our people at work and in our community, and follow our progress as we demonstrate that responsible and sustainable diamond mining can - and will - elevate and empower the people, the economy, and the country of Sierra Leone.
The Corporate Tax Rate in Sierra Leone stands at 30 percent. In Sierra Leone, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income.
The mining industry of Sierra Leone accounted for 4.5 percent of the country's GDP in 2007 and minerals made up 79 percent of total export revenue with diamonds accounting for 46 percent of export revenue in 2008. The main minerals mined in Sierra Leone are diamonds, rutile, bauxite, gold, iron and limonite. Mining in Sierra Leone has been seen as one of the key factors for instability in the country and one of
3 Sierra Leone Telegraph: 15 August 2019: The government of president Julius Maada Bio is warning mining companies not to expect business as usual, where due diligence, accountability and fiduciary responsibility are saced by those in power for contract kickbacks. This stern warning comes, as the government continues to review all mining contracts in the country
Apr 11, 2016Diamond mining company Octea facing claims it owes money to Sierra Leone town and New York jeweller Tiffany Tiffany has announced it has deferred payment of $50m of loans it made to Octea to develop the mine in Koidu, where the town council now claims it will take legal action over 400,000 in unpaid property taxes
Overview. Sierra Rutile also produces smaller quantities of Ilmenite and zircon in concentrate. Sierra Rutile is a leading mineral sands company, operating world-class assets in Sierra Leone. The company produces high quality rutile, ilmenite and zircon from the world's largest natural rutile deposits.
Mar 25, 2017Prospectors in Kono District, Sierra Leone's main diamond mining region. DAKAR, Senegal — Fist-size and lumpy, the rock that a team of miners came upon recently in the diamond fields of Sierra Leone was orange with red speckles that looked like tiny droplets of
Jul 29, 2019Letlhakane uranium mine to open in 2016. The preferred project option comprises the mining of 45 million tonnes of ore (at a grade of 180 ppm U3O8 [0.0153% U]) containing 18 million lbs U3O8 [6,923 t U]. The target annual production rate at an assumed leaching recovery of 80% is 2.2 million lbs U3O8 [846 t U].
New York Times. In Sierra Leone, Still a Tough Dig for Diamonds . Back to top . Safety And Health. Besides being grossly underpaid, many diamond miners work in extremely dangerous conditions. Small-scale diamond mining is often conducted without training or expertise. Miners may lack safety equipment and the proper tools.
(1) The object for which the Agency is established is to promote the development of the minerals sector by effectively and efficiently managing the administration and regulation of mineral rights and minerals trading in Sierra Leone, to provide technical and other support to the mineral sector including geographical survey and data collection activities.
Apr 14, 2010Sierra Leone's Parliament has ratified a mining lease agreement with the UK-based company, London Mining Company, which contravenes the recently enacted 2009 Minerals Act and is not in the best economic interests of the country.
Jun 04, 2014New Contract – Mining Company Sierra Leone Contracts 4 Jun 2014 Westminster Group Plc announces that its subsidiary Westminster International Ltd has secured a new contract for the supply and installation of a CCTV Surveillance system and Guard Tour Monitoring system for a Mining company based in Sierra Leone.
Sierra Leone: Time to let go of Frank Timis. Those figures were largely based on yet other figures of production levels submitted by mining companies including African Minerals Limited (AML) as the story below highlights. New Africa Analysis is your independent news magazine covering news and events of importance in Africa.
New. Catholic Relief Services (CRS) 09-Aug-2019 Location: Freetown, N, SL Company: Plan International The Organisation Plan International is an independent development and humanitarian organisation that LiRNIGO Gender Transformative Animator Christian Aid (CA) has worked in Sierra Leone for over 25 years, with a key focus on
John Semachko Jr., Director and President. With 20 years of business, sales and finance experience, Mr. John Semachko Jr. directs corporate financing, operations, carbon credit project development, shareholder communications and sales. From past field trips, John has considerable travel and local knowledge of Sierra Leone operations.
May 27, 2012A boy drinks from a water tap in a 'new town' built by the diamond mining company Koidu Holdings, which aims to provide access to clean drinking water, education and training, free healthcare and infrastructure, in Koidu, the capital of the diamond-rich Kono district, in eastern Sierra Leone, some 250 km east from Freetown, on April 28, 2012.
Sierra Leone - Sierra Leone - Government and society: The constitution of 1971 made Sierra Leone a republic within the Commonwealth. Adoption of the constitution of 1978 created a one-party republic based on the All People's Congress; the head of state, or executive president, was elected by delegates of the All People's Congress, and there was a parliament.
Currency: New Leone (SLL) Sierra Leone's Parliament building on Tower Hill in Freetown, the capital city of the country. The building was constructed with the help of Israel in the early 1960s, a reflection of Israel's long-running engagement in Africa. Image: kenny lynch Official Sites of Sierra Leone
Dr. Priscilla Schwartz is the new Attorney General and Minister of Justice in Sierra Leone. And it seems the President of Sierra Leone has seen it fit to appoint a woman who is secretly having an affair with someone who heads an agency that her office is supposed to be regulating, as Attorney General and Minister of Justice.
Oct 26, 2017Mining company accused over deadly police crackdown in Sierra Leone. Evidence to be presented to the high court on Thursday will allege the company's involvement in the police operation. The multimillion pound case against Tonkolili Iron Ore Ltd, formerly a subsidiary of African Minerals Ltd, has been brought by London law firm Leigh Day on behalf of 41 people from Bumbuna, in the north of
Address:71,Berwick street Freetown Freetown 00232 Sierra Leone Africa .Mining Company (Sl) Lmt gold, diamond, scrap, metal. Address:26, wilkinson road freetown wester africa 0023222 Sierra Leone African Pride Ltd agricultural, natural, cheap, good products. Address:53 johnson street aberdeen freetown western area 232 Sierra Leone Memunatu Balla
"company" means a body corporate incorporated or registered under the Companies Act; "continental shelf" means that part of the seabed and subsoil of the submarine area adjacent to the coast of Sierra Leone but outside territorial waters over which the Republic is entitled by law to exercise sovereign rights for the purpose of exploring and
Aug 07, 2019Sierra Leone News: Mines Minister visits mining companies in Kono. This, he said, will all change under the new direction, as the focus of Government is to ensure that Sierra Leoneans derive maximum benefits from our mineral wealth. During the trip, the Minister visited the mining sites of Seawright Mining Co., Koidu Limited, MEYA Mining Co.,
Sierra Leone. Sierra Leone is very rich in minerals and has relied on mining, especially diamonds, for its economic base. The country has one of the world's largest deposits of rutile, a titanium ore used as welding rod coatings and paint pigment About 65% of the population engages in subsistence agriculture, which accounts for 52.5%
ALL THAT GLITTERS IS NOT GOLD! Before buying gold dust in Sierra Leone, please take a moment to read this warning! The U.S. embassy in Freetown warns all Americans engaging in gold dust transactions in Sierra Leone to exercise extreme caution before handing over any money. Recently, American citizens have been the targets of numerous gold dust
The funds received from the Carbon Credit programs will be utilized by the company to fund further development of its mining and agricultural operations in Sierra Leone. Doug Evans, CEO of Sierra Gold, commented: We are pleased about the opportunity to participate in the Carbon Credit programs.
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