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Sierra Leone Govt takes over Shandong's assets

By Mohamed Jaward Nyallay The Government of Sierra Leone has taken over the assets of Tonkolili Iron Ore Limited (TIO), a subsidiary of Chinese miner, Shandong Iron and Steel. The takeover comes after the government invoked Section 50 of the 2009 Mines and Minerals Act after the company failed to meet its tenancy agreement. The takeover ends a five year stint of the Chinese ....

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President Bio's government accused of duplicity and double dealing in awarding contracts to foreign investors – The Sierra Leone Telegraph

President Bio's government accused of duplicity and double dealing in awarding contracts to foreign investors – The Sierra Leone Telegraph
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Kingho now Leone Rock Metal Group

By Saio Marrah The Chief Executive officer of the Kingho Investment Compan, Gilbert Zhao, has said that the name of Kingho Investment Company, which is the parent company of Kingho Mining, Railway, and Port Company, has now changed to Leone Rock Metal Group (LRMG) , with the aim of giving it a Sierra Leonean identity. Speaking at their Head Office in Freetown, on Tuesday 19th ....

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Kingho takes over Tonkolili Mines in Sierra Leone

By Mohamed Jaward Nyallay Kingho Mining, a subsidiary of the Chinese group Kingho Investment Company Limited, has taken over the Tonkolili Mines after months of tripartite negotiation which involved the Government of Sierra Leone, the Chinese Embassy and the company officials. The takeover was completed at a ceremony held in the northern town of Bumbuna and later at the mining ....

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