[miningmx.com] – LONDON Mining will spend $40m in 2014 expanding its Marampa iron ore mine in Sierra Leone to six million tonnes a year, and a further $240m has been earmarked for expansionary capital in 2015 and 2016.
“Overall the project economics are better than we (and we think consensus) expected and this announcement builds on the positive operational momentum seen over the past year,’ Bloomberg quoted Credit Suisse Group AG to have said in an investor note.
Click here to read the full article
