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) … See more
MONROVIA, LIBERIA – The House of Representatives has called on key government officials to explain the prolonged inactivity at the Putu Iron Ore Mining site in …
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 ...
Putu Mountain comprises a significant iron ore resource area, particularly known for the Putu mine, which holds one of the largest iron ore reserves in the world, estimated at 4.5 billion tons of ore, with a 34.1% grade of iron metal.
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 ...
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 officials were summoned after they failed to appear for a previous hearing regarding the Putu Iron Ore Mining deal. By Bridgett Milton Monrovia, February 5, 2025: The House of Representatives has summoned several top officials to provide answers on the Putu Iron Ore Mining deal after they failed to appear for a previous hearing. They …
Liberia – The administration of President Joseph Boakai is facing serious allegations of corruption as a controversial scheme to sell the Putu Mountain iron ore concession for $2 billion has reportedly backfired, drawing scrutiny from various stakeholders. ... (NIC) to facilitate the sale of the Putu Iron Ore Mining Concession, located in ...
CAPITOL HILL – The House of Representatives has mandated its committees on Mines and Energy, Concessions, Judiciary, and Ways, Means, and Finance to investigate the long-standing Putu Iron Ore Mining Company deal and report back in two weeks.. The decision was reached during the appearance of key government officials, including Mines and Energy …
PUTU IRON ORE MINING INC. Iron Ore 27 June, 2014 Non-Compliance; REGION 2 China Union (Hong Kong) Mining Co. Iron Ore 13 September, 2011 Non-Compliance; Nimba REGION 2 MITTAL STEEL (LIBERIA) HOLDINGS LTD. Iron Ore 21 September, 2005 Non-Compliance; Who We Are. Mission; Vision; Partners; Useful Resources. Get Started; Success …
Liberia's mineral industry is dominated by iron ore mining. In addition to the proven large deposits of iron ore, the country has substantial diamond and gold deposits as well as good indications of manganese, bauxite, uranium, zinc, …
The Putu iron ore project, owned by the Russian steel giant Severstal, has been in limbo since 2016, leaving local communities in a state of limbo as well. The story began in 2012, when Severstal acquired the Putu project, a 13-kilometer-long iron-rich ridge, from Afferro Mining for $122 million.
The MDA was signed on September 2, 2010 between Putu Iron Ore and the Government of Liberia, and this was followed by an announcement that a Class A mining license for mining iron ore in the Putu Mountain Range in Grand Gedeh county has been granted to the company, which is a subsidiary of Severstal Russian Steel, a leading Russian steel producer.
Putu Iron Ore Mining, Inc., Mano River Iron Ore, Ltd., Concession, 2010 View Document; PDF; MS WORD; 1 Share. Clip mode on. ... and (3) Raw materials; No exemption is permitted from the 10% duty on gasoline and gas oil; Putu can export from Liberia, exempt from all taxes and duties, any of these assets, inputs, materials or consumables that ...
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 …
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.
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 …
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, …
China Union Investment Company (Bong Mining Company) Western Cluster ; Sarama Resources Limited ; AmLib United Minerals ; Putu Iron Ore Mining Inc. Bea Mountain Mining Corporation ; Vale Liberia Limited ; Pedsam Mining Limited ; Liberty Gold & Diamonds Limited ; Dwe Resources ; AMEC Liberia Limited ; Mano River Iron Ore Resources (MARIO) DRA ...
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 Union, Liberty Gold, Hummingbird Resources, MNG Gold Liberia, Putu Iron Ore, amongst others. There are still ...
A FrontPageAfrica investigation has found that Solway Mining Incorporated, the controversial company, aggressively encroaching on the steel giant, ArcelorMittal's iron ore concessions in Liberia ...
Putu Mountain comprises a significant iron ore resource area, particularly known for the Putu mine, which holds one of the largest iron ore reserves in the world, estimated at 4.5 billion tons of ore, with a 34.1% grade of iron metal.
CAPITOL HILL – The House of Representatives has again summoned top government officials to provide answers on the stalled Putu Iron Ore Mining deal after they failed to appear for a previous heari Wednesday, February 26, 2025
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 …
Severstal announced that its indirect subsidiary Lybica Holdings BV has entered into a legally binding heads of terms agreement with Afferro Mining Inc and its wholly owned subsidiary Mano River ...
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 ...
Hon. Mulbah has more than fifteen (15) years of professional experience working both in the private and public sectors of the mining industry of Liberia. In the private sector, he held positions such Senior Geologist and Assistant Chief Geologist for Putu Iron Ore Mining, a company that was exploring for iron ore in Liberia.
He referenced a statement made by former Minister of Lands, Mines, and Energy, Patrick Sendolo, in January 2016, which indicated that Putu Iron Ore Mining Company had exited Liberia due to ...
The Putu iron ore project, owned by the Russian steel giant Severstal, has been in limbo since 2016, leaving local communities in a state of limbo as well. The story began in …
MONROVIA, LIBERIA-The Ministry of Mines and Energy has clarified what it called faked acquisition of the Putu Iron Ore Mine by a company calling itself Blue Ocean Liberia Mining Corporation.
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 plenary …
Security and Acting Site Manager at Putu Iron Ore Mining Incorporated · Experience: Putu Iron Ore Mining Inc · Education: AMREF - Nairobi · Location: Putu · 122 connections on LinkedIn. View James Cooper's profile on LinkedIn, a professional community of 1 billion members.
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 …
MONROVIA — FrontPageAfrica has gathered from confidential documents and sources that the Liberian government has been opting through an agreement to allow Pioneer …
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 Agreement …