The Area 1 operation is estimated to contain 541 000 t of contained rutile ore in reserves, and a mineral resource of 2.1-million tonnes of contained rutile, with the project expected to produce ...
Combine $124 million with a $375 million cash payment and $80 million assumed debt to acquire Sierra Rutile, and you get $579 million net debt and $373 million undrawn credit.
Sierra Rutile will be financially well-positioned to maximise the value of its asset base; Iluka intends to establish a $45-million cash-funded rehabilitation trust to support Sierra Rutile's ...
Despite its contributions to the development of the country, the mining sector in Sierra Leone, has been attributed to a multitude of impacts on the environment. This article focuses on assessing the environmental impacts of mining in mining edge communities in Sierra Leone. A survey of 360 people from three mining edge communities (Sierra …
Sierra Rutile told shareholders on Tuesday that the High Court had already allowed partial enforcement of the judgment and an amount of $1.6-million, which was held in a joint account as security ...
Sierra Rutile Profile and History. Sierra Rutile Limited (Titanium Resources Group Ltd. until 2011) is a mining company with headquarters based in Freetown, Sierra Leone. The company currently has operating mines for Rutile, ilmenite, zircon, and titanium dioxide minerals in South and Northwest Sierra Leone, specifically in the Moyamba and ...
Sierra Rutile (ASX: SRX) is a multi-mine leading mineral sands operation operating world-class assets in Sierra Leone. Its operations straddle the Bonthe and Moyamba districts in southern Sierra ...
John Bonoh Sisay Is a Sierra Leonean businessman, and he was formally the Chief Executive Officer of Sierre Rutile, a large privately owned rutile mining company in Sierra Leone. Sisay is an independent advisor to the Sierra Leone Government on mining affairs; and he is also the President of the Sierra Leone Chamber of Mines, an …
25th January 2023. By: Creamer Media Reporter. Font size: - +. ASX-listed Sierra Rutile has set its production guidance for the 2023 financial year at between 140 000 t and 144 000 t. This...
Sierra Rutile said it was operating within industry standards and would consider its options and rights under a merger implementation agreement reached with Iluka on July 31.
For the full year, Sierra Rutile has set a production target of between 124 000 t and 126 000 t, at a net unit cost of between $990/t and $1 055/t. Edited by Creamer Media Reporter Back To Top
Australian Securities Exchange Notice 1 August 2016 ILUKA ACQUISITION OF SIERRA RUTILE LIMITED Iluka Resources Limited (Iluka) has made a joint announcement with Sierra Rutile Limited (SRL), issued on the London Stock Exchange and the Australian Securities Exchange, in relation to an all-cash offer to acquire the entire …
Australia-based Sovereign Metals has released the results of a prefeasibility study (PFS) for its Kasiya project, which is poised to be the world's biggest rutile producer at 222 000 t/y and one ...
Sierra Rutile Prioritizes Local Content. As Mano Mining Gets Mining Operation Contract…. May 24, 2023. A new development in the mining sector took place in the Conference Hall of the Sierra Rutile Limited Company in Moyamba District on the 17 th May, 2023 as the company signed a One Hundred Million mining contract with Mano …
The Sierra Rutile Area 1 (the Gangama and Lanti Deposits and other deposits within SRL's current operations in Sierra Rutile Area 1) consists of a series of prominent hills and slight undulations with an elevation range of 0.9 meters above sea level (masl) along the mangroves, to 322 masl with the highest point being at Gbangbama Hill.
We know Sierra Rutile will produce rutile at an AISC of $605/t this year on an output of 130,000 tonnes per year. I will budget a $40M sustaining capex in years 2 and 3 to develop the Gangama ...
ASX-listed Sierra Rutile Holdings has replaced its 2022 production from its Area 1 operation, in Sierra Leone, following pit optimisation and pit design work. "Thanks to optimisation work on our ...
Sierra Club Executive Director Ben Jealous speaks during a protest of big banks financing fossil fuels in March in Washington. Jealous was hired as the first Black leader of the Sierra Club in its 131-year history. But today, the 131-year-old group is in turmoil over its approach to diversity, equity and environmental justice, according to ...
The company reported that rutile production from its operations in Sierra Leone had increased by near 9 000 t on the previous corresponding period, to 136 000 t, with rutile sales up 9% to 142 000 t.
Work advances at SembehunMineral sands miner Sierra Rutile is progressing the definitive feasibility study (DFS) at Sembehun project, in Sierra Leone, in parallel with a financing process. Sierra Rutile's finance director Martin Alciaturi told delegates at Paydirt's Africa Downunder conference, in Perth, the DFS is targeted for …
The comments were prompted by media reports that emerged late yesterday evening that Sierra Rutile's former CEO, John Sisay, a London businessman and Sierra Leone presidential candidate, is alleged to have been involved in bribery payments made to senior government officials to secure mining licenses that Iluka became the …
PERTH (miningweekly) – ASX-listed Sierra Rutile on Thursday said that the company's discussions with the government of Sierra Leone regarding the renegotiation of the terms of the Area 1...
Rutile. Rutile is a dark coloured mineral which, with processing, can be converted into a titanium dioxide white opaque pigment. Around 90% of titanium dioxide minerals globally are used as a pigment in the manufacture of paint, plastic, paper and fibre where, in addition to being a whitener and reflecting light, they also provide UV and chemical resistance.
27th July 2023. By: Esmarie Iannucci. Creamer Media Senior Deputy Editor: Australasia. Font size: - +. PERTH (miningweekly) – ASX-listed Sierra Rutile has closed the door on a tough...
ASX-listed Sierra Rutile has closed the door on a tough quarter, with the miner forced to revise its full year production guidance. Rutile production in the three months to June dropped to 25 000 ...
Sarah Thompson, Kanika Sood and Emma Rapaport. Apr 28, 2023 – 4.22pm. Sydney broker Aitken Mount Capital Partners crossed a 5.3 per cent stake in Sierra Rutile Holdings at lunchtime, hours after ...
Sierra Rutile Company Limited is a mineral sands company operating in Moyamba and Bonthe Districts in the Southern Province of Sierra Leone. The company's area of operation which is also the study area is politically divided into four chiefdoms: Upper Banta Chiefdom, Lower Banta Chiefdom, Imperi Chiefdom and Jong Chiefdom respectively
Mineral sands miner Iluka Resources has announced plans to temporarily suspend its Sierra Rutile operations, in Sierra Leone. The ASX-listed miner on Thursday told shareholders that it had provided the government of Sierra Leone with six months notice of its intention to suspend operations, effective November 19.
In addition, the Awareness Times Newspaper can today assert that diligent research by our research team shows that if the Sierra Rutile shares claims are to be properly explained to the public then the Biobele Georgewill Commission of Inquiry needs to summon former senior official of the former Government of Sierra Leone Peoples Party (SLPP) led by …
Sierra Rutile has a strong balance sheet and sufficient liquidity to maximise the value of mining operations and invest in development Home Investors Shareholder Information Listing details. Sierra Rutile's company's ticker codes is SRX. Sierra Rutile's shares are listed exclusively on the Australian Stock Exchange. ...