Posted on 13 April 2010 by Railways Africa Editor
According to a Bloomberg report, African Minerals Ltd has signed an agreement with China Railway Materials Commercial Corporation (CRMCC) to develop an iron-ore project in Sierra Leone. CRMCC is to spend £167.8 million ($US256m) to buy 33.6 million new shares of African Minerals for 500 UK pence each. This will provide the major funding for [...] [...more]
Posted on 08 September 2009 by Railways Africa Editor
Sierra Leone, a mineral-rich country which has been largely unexploited, is reported to have an untapped iron ore resource that could rank as third largest in the world. African Minerals Limited (AML) holds an extensive portfolio of mineral rights in Sierra Leone, where it has been actively investing since 2003. The company is currently working [...] [...more]
Posted on 04 April 2008 by Railways Africa Editor
Ebenezer Owen Mason, described by the Concord Times (published in Freetown) as a former Sierra Leonean who studied agriculture in Germany and now owns a factory which produces clothing in Portugal, is keen to revive rail travel in his home country. Recalling an earlier project of his which was not successful, he told a reporter: [...] [...more]
Posted on 14 June 2007 by Railways Africa Editor
The revival of rail services is envisaged in a 10-year transport sector development plan drawn up by the government of Sierra Leone. The proposals have been presented to potential donor institutions. The country’s 762mm gauge state-owned railway was abandoned in 1974. Some of the rolling stock was moved to the UK and is operational on [...] [...more]
Posted on 29 June 2006 by Railways Africa Editor
A delegation led by Alexander Bobreshov, vice President of Russian Railways, visited Sierra Leone in mid May to discuss the feasibility of reviving rail transport in the country after an absence of more than 30 years. Morikeh Fofanah, special assistant to President Kabbah, recalling Sierra Leone’s “long history of bilateral relationship with Russia”, said that [...] [...more]
