Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1806

Deal #1806 Version #55567

Sierra Leone
Created at
2013-02-15
Last update
2019-02-14
Last full update
2021-08-02

Land area

Intended size
31 900 ha
Size under contract (leased or purchased area)
  • [2009, current] 31900.0 ha
Comment on land area
319 km²

Intention of investment

Intention of investment
  • [current] Mining
Comment on intention of investment
iron ore

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)
Comment on nature of the deal
The licence comprises a mine, power plant and processing plant. Mine has a lifespan of at least 30years.

Negotiation status

Negotiation status
  • [2009, current] Concluded (Contract signed)
Comment on negotiation status
Mining license obtained in 2009, parliamentary approval in February 2010. ML02/09

Implementation status

Implementation status
  • [2012] In operation (production)
  • [current] Project abandoned
Comment on implementation status
First ore shipments made in 2012

Leasing fees

Annual leasing fee
500 000
$
for specified area
Annual leasing fee area
31 900 ha

Contract farming

Contract farming
No