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Severstal buys rest of Liberia iron project | Reuters

MOSCOW, Dec 12 (Reuters) - Severstal, Russia's second-largest steelmaker, reached agreement to acquire the remaining 38.5 percent stake in the Putu iron ore project from Afferro …

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Afferro Mining to divest iron ore project in Liberia

Afferro Mining has received final approval from the TSX Venture Exchange to divest its stake in the Putu iron ore project, located in Liberia. The sale and purchase …

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Putu Iron Ore Project Update

About the Putu Iron Ore Project The Putu iron ore project is a 13km long iron rich ridge, located only 120km inland from the deepwater shoreline of eastern Liberia. In 2009 the …

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Putu Mining pulls off

The Putu Iron Ore Company based in Grand Gedeh County, southeast Liberia has reportedly shut down operations in the county. Grand Gedeh County Senator G. Alphonso …

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Severstal needs partner for $3.5bn Putu

[miningmx] – RUSSIAN steelmaker Severstal was seeking a joint venture partner to help it develop the $3.5bn Liberian iron ore deposit, Putu, which it bought from Afferro Mining for …

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Severstal to acquire 100pct of the Putu Iron Ore project in …

Severstal announced that its indirect subsidiary Lybica Holdings BV has entered into a legally binding heads of terms agreement with Afferro Mining Inc and its wholly owned …

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Iron ore resources at Severstal's Putu iron ore deposit rise to …

Russia-based Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, has announced that an independent resource report has …

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Russian steelmaker buys African iron ore project

Afferro Mining has agreed to sell its 38.5 per cent interest in its Putu iron ore project in Liberia to Russia's second biggest steelmaker. Severstal, one of the world's leading vertically integrated …

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Severstal' : Government of Liberia issues class "A" mining …

7.07.2014 July 07, 2014, Monrovia - OAO Severstal, one of the world's leading integrated steel and mining companies, is pleased to announce that a Class "A" Mining License for the mining …

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Liberia: Putu Mining Shuts Down Over International Crisis

of the Putu Iron Ore Mining Incorporated. On July 10, 2014 OAO Severstal, a leading Russian steelmaker, announced that a Class A mining license for mining iron ore in the Putu Mountain …

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Putu Iron Ore Project

An updated resource estimate for the mine was announced in February 2011. The new estimate doubled the resources to 2.37 billion tons graded at 34.1% iron from the initial estimate of 1.08 billion tons at 37.6% iron. The resource is categorised into three mineral types: oxidised BIF (CAP) …

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History Severstal Russia Cherepovets historic profile

2016: Putu Iron Ore Mining Co Inc was a -owned subsidiary of Severstal which was granted a license for mining iron ore in Liberia's Putu Mountain Range in mid-2014. Putu's closure in …

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Severstal's Putu Venture More Than Doubles Iron Ore …

The Putu iron ore project is a 13 km long iron-rich ridge, located 130 km inland from the deep-water shoreline of eastern Liberia. ... The project is being advanced in joint venture with …

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LIBERIA : Severstal shifts into higher gear at Putu

In 2008, OAS Severstal acquired a 61.5% holding for $30 million. It bought the remaining 38.5% from Affero Mining (formerly African Aura Mining Inc) in May. The transaction …

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Severstal' OAO : Estimated iron ore resources at the Putu iron ore

17.10.2012 OAO Severstal ("Severstal", "the Company"), one of the world's leading vertically integrated steel and steel-related mining companies, announces that an independent resource …

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Putu Iron Ore Project

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Liberia: Solway Mining – Company encroaching on …

In 2014, the Government of Liberia issued a class A mining licence (for large-scale operations) to Putu Iron Ore Mining Company, a fully-owned subsidiary of Russian steel and …

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June 2011

Karelsky Okatysh, Olkon Purchase of mining equipment Modernization and expansion 2011 Putu Range iron ore greenfield (Liberia) Intense geological work Feasibility study n/a PBS Coals …

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Severstal Greenfield Day

Severstal: Geared Towards Mining (T. Veraszto) 4 Setting long-term price forecasts (A. Malanichev) 10 Severstal Approach Towards M&A (K. Kozenyashev) 18 Putu Range Iron Ore …

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Severstal Resources presentation

yWe are a globally expanding mining business with EBITDA of over $500m for 1H 2008, meeting 120% of Severstal's internal needs in iron ore (Russia), over 50% (globally) and over 90% …

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Locked Treasure: Tale of a Billion-Dollar Russian …

The story began in 2012, when Severstal acquired the Putu project, a 13-kilometer-long iron-rich ridge, from Afferro Mining for $122 million. Estimates suggest the site holds up to 4.4 billion tonnes of iron ore, a truly …

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Liberia: Putu Mining Shuts Down Over International Crisis

On July 10, 2014 OAO Severstal, a leading Russian steelmaker, announced that a Class A mining license for mining iron ore in the Putu Mountain Range was granted to the …

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Severstal's Putu Iron Ore Resource Estimated at 3.2 Billion …

An independent mineral resource report has estimated a 3.2 billion tonnes deposit at OAO Severstal's Putu iron ore project in Liberia. Severstal is the majority stakeholder in the project …

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Liberia ore boost

A Mineral Development Agreement detailing the fiscal and legal terms for the development and mining of the Putu iron ore deposit was granted and ratified by the Liberian …

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Locked Treasure: Tale of a Billion-Dollar Russian …

The Putu iron ore project, owned by the Russian steel giant Severstal, has been in limbo since 2016, leaving local communities in a state of limbo as well. The story began in 2012, when Severstal acquired the Putu …

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Severstal closes Putu iron ore project transaction with Afferro Mining

Russian steelmaker Severstal's indirect subsidiary Lybica Holding now holds of the Putu iron ore project in Liberia, upon completion of deal. ... a wholly-owned …

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Accelerating towards a sustainable future.

Severstal's iron ore mining assets are a fundamental part of the Company's vertically integrated business model. Severstal Resources supplies almost all of the iron ore consumed by …

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Putu Iron Ore Mining Inc.

Putu Iron Ore Mining Inc. - Severstal Resources - Facebook

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Severstal to increase shareholding in Putu iron ore project …

Russian steelmaker Severstal has announced that its indirect subsidiary Lybica Holdings B.V. (Lybica) has entered into a legally binding heads of terms agreement with British …

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Severstal closes Putu iron ore project transaction with …

Russian steelmaker Severstal has announced that the transaction between its indirect subsidiary Lybica Holding B.V. and Mano River Iron Ore Holdings Limited (Mano), a …

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