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SL Mining #43737
Created at
2021-08-02
Last update
2021-08-02
2 Parents (Involvements as child)
ID
Name
Government of Sierra Leone
Country of registration/origin
Sierra Leone
Classification
State-/government (owned) company
Relationship
Parent company
Investment type
Shares/Equity
Ownership share
10.00 %
Comment
As part of the agreement signed on Friday, Sierra Leone will take a non-dilutable 10% stake in a new company that will replace SL Mining and resume operations at Marampa by June 1, Gerald said in a statement late on Monday. (https://www.reuters.com/world/africa/gerald-group-resolves-iron-ore-dispute-with-sierra-leone-2021-05-11/)
ID
Name
Gerald Iron Ore
Country of registration/origin
British Virgin Islands
Classification
Private company
Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
90.00 %
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Sierra Leone
Current intention of investment
Mining
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
11 659 ha