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April 5, 2011
Sable Mining makes Sierra Leone acquisition

UK-based Sable Mining Africa has acquired an 80 per cent stake in Sierra Leone’s Red Rock Mining, it has been announced.

UK-based Sable Mining Africa has acquired an 80 per cent stake in Sierra Leone’s Red Rock Mining, it has been announced.

Red Rock holds a 50-year lease at the Bagla Hills iron ore deposit in the south-east of Sierra Leone. Bagla Hills lies about 52 kilometres from Kenema, and forms a continuation of the Western Cluster iron ore deposits across the border with Liberia.

 The lease area covers 206.75 square kilometres in total.

September 3, 2010
Liberia gives go-ahead to palm oil project

The government of Liberia has embarked upon a $1.6 billion palm oil project with Golden Agri-Resources (GAR), the subsidiary of Singapore palm oil producer Golden VerOleum.

The government of Liberia has embarked upon a $1.6 billion palm oil project with Golden Agri-Resources (GAR), the subsidiary of Singapore palm oil producer Golden VerOleum.

The 25-year concession granted by the government, which is believed to be one of the biggest investments in Liberian agriculture, will create some 35,000 jobs in the south-eastern regions of the country.