Deal #5184

Sierra Leone
Created at
2016-09-05
Last update
2021-08-09
Last full update
2017-01-12

Land area

Intended size
55 890 ha
Size under contract (leased or purchased area)
  • [2001, current] 55890.0 ha
Comment on land area
558.9 sq. km of land licensed for mining. 488.51km2 according to SLIEPA.

Intention of investment

Intention of investment
  • [current] Mining
Comment on intention of investment
Rutile and ilmenite, mineral sands

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
  • [2001, current] Concluded (Contract signed)
Comment on negotiation status
Current shareholders acquired mine in 2001 (Titanium) and 2010 (Pala). Amendment to original contract in 2004.

Implementation status

Implementation status
  • [2001, current] In operation (production)
Comment on implementation status
Mine originally in operation in 1971.

Leasing fees

Annual leasing fee
400
$
per ha

Contract farming

Contract farming
No