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.
West Africa focused Bellzone Mining has released an initial resource estimate for its Kalia iron ore project in Guinea.
The AIM-listed iron ore and nickel company announced an initial inferred JORC oxide resource of 111 million tonnes, graded at 38% Fe, which would be beneficiated using a standard gravity process to produce 58% Fe fines. The technical report says Bellzone has mapped 55 square kilometres of surface oxide material, with exploration focused on a 2.3 square kilometre area located above the 3.74 billion tonne magnetite resource.
It plans to mine 250 million tonnes of iron ore oxide throughout a 10-year minelife. According to a report in Mining Weekly earlier this month, Bellzone has finalized its feasibility study and plan to begin construction on the mine by the middle of this year.
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