Sierra Leone woos miners to clean energy with $11 billion plan
Most mining firms rely on their own diesel supplies to extract iron ore, diamonds, rutile and bauxite in the resource-rich country.
A planned dividend payment by steelmaker Siderar SID.BA was blocked by an Argentine judge on Thursday in the latest twist in a row linked to the government’s efforts to tighten control over leading companies.
The steel company had planned to pay a 2010 dividend of $359.5 million on Friday despite a ruling last month by the country’s stock market regulator that effectively annulled the payment by declaring a shareholders meeting void.