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Largest Iron Ore Deposits In Africa Discovered in Sierra Leone
The largest iron ore deposit in Africa and third largest in the world has been discovered in northern Sierra Leone in West Africa. The African Minerals Ltd, a company specializes in the exploration of iron ore announced. The company said they have discovered ten billion tons of iron ore in that country.
mining iron
The Chief Executive of the African Mineral Ltd (AML), Frank Timis, said that his company started exploration in Sierra Leone between 2004 and 2005 and through their findings they have been able to discover uranium, nickel, iron ore among other precious minerals.

The company was presenting proposed railway and infrastructural development documents to Sierra Leone’s President Ernest Bai Koroma at state house in the presence of cabinet ministers and other foreign dignitaries.

Timis said the discovery of Africa’s largest iron ore deposit will not only create jobs for Sierra Leoneans for the next one hundred years but that his company (AML) plans to develop the largest sea port in the whole of west Africa and a railway of 250 kilometers running from the northern part of the country.

Similarly, President of AML Alan Watling in his summary of the project said the AML has expanded over $100 million on the exploration, the airborne geo-physics and multi element stream sediment survey.

Walting said apart from the business opportunities the AML will create during their operations in Sierra Leone, they also intend to build a dam with an existing 50MW capacity, additional lantern capacity to 160 kw and a hydro power cost of 3.5c/kw.
 
Source: Africa News
Tags:Sierra Leone
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