Gerald Group’s subsidiary Marampa Mines Limited announced the arrival of its first ship and the kick off of its first day of loading >65% Fe iron ore concentrate at Delta 1 anchorage point in the Port of Freetown in Sierra Leone. The premium grade material will be Marampa Mines Limited 's first shipment to leave the shores of Freetown Port following the out of court settlement of the dispute between the Government of Sierra Leone and SL Mining Limited / Gerald Group. Over the following months, Marampa Mines Limited will export the current stockpile of approximately 707KT of iron ore beneficiated by SL Mining and known globally as Marampa Blue. Gerald Group Chairman and CEO Mr Craig Dean said, 'Today marks the restart of iron ore shipments, and as we look to the future, all of us at MML and Gerald are excited about this 1st shipment in 2021 and as we progress to the re-opening of the mine once the mining license is issued in accordance with the applicable laws and the binding agreement. I would like to thank His Excellency Julius Maada Bio for the opportunity to settle all disagreements of the past, and his full support that allows our export operations to re-start in record time." The team is also working quickly and safely to resume iron ore mining and processing at the mine site, initially set for 2Mtpa capacity, rising to 3.25Mtpa within 12 months, creating in the process over 1,400 jobs and a workforce with over 90% local employees and contractors this year. Marampa Mines is engaged in the exploration, development and production of iron ore concentrate from resources of over 1 billion tonnes at Marampa in the Port Loko District of the northern province of Sierra Leone. Gerald owns 90% of MML while the Government of Sierra Leone owns the remaining 10%. In addition, MML also gets what is known as the Marampa South and Marampa North mining concessions.
Gerald Group’s subsidiary Marampa Mines Limited announced the arrival of its first ship and the kick off of its first day of loading >65% Fe iron ore concentrate at Delta 1 anchorage point in the Port of Freetown in Sierra Leone. The premium grade material will be Marampa Mines Limited 's first shipment to leave the shores of Freetown Port following the out of court settlement of the dispute between the Government of Sierra Leone and SL Mining Limited / Gerald Group. Over the following months, Marampa Mines Limited will export the current stockpile of approximately 707KT of iron ore beneficiated by SL Mining and known globally as Marampa Blue. Gerald Group Chairman and CEO Mr Craig Dean said, 'Today marks the restart of iron ore shipments, and as we look to the future, all of us at MML and Gerald are excited about this 1st shipment in 2021 and as we progress to the re-opening of the mine once the mining license is issued in accordance with the applicable laws and the binding agreement. I would like to thank His Excellency Julius Maada Bio for the opportunity to settle all disagreements of the past, and his full support that allows our export operations to re-start in record time." The team is also working quickly and safely to resume iron ore mining and processing at the mine site, initially set for 2Mtpa capacity, rising to 3.25Mtpa within 12 months, creating in the process over 1,400 jobs and a workforce with over 90% local employees and contractors this year. Marampa Mines is engaged in the exploration, development and production of iron ore concentrate from resources of over 1 billion tonnes at Marampa in the Port Loko District of the northern province of Sierra Leone. Gerald owns 90% of MML while the Government of Sierra Leone owns the remaining 10%. In addition, MML also gets what is known as the Marampa South and Marampa North mining concessions.
