African Minerals revises 2012 iron ore sales estimate down to 10m tonnes

Apr 11, 2012 | 06:11 AM |

Sierra Leone-focused miner African Minerals has reduced its iron ore sales forecast for 2012 by 5 million tonnes to 10 million tonnes, on the back of uncertainty over rail development plans and weather constraints as it ramps up production at its Tonkolili project. “The mine, rail and port are still in the construction and commissioning phase, and there remains uncertainty over the tonnage that can be produced during the ramp-up....





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