https://newsletter.mw.creamermedia.com
Mining|Operations
Mining|Operations
mining|operations

Sierra Rutile directed to resume mining operations

6th May 2024

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

The government of Sierra Leone has instructed ASX-listed Sierra Rutile to recommence mining activities in Area 1 by the end of the month.

Government views Sierra Rutile’s suspension of mining at Area 1 as a violation of the Mines and Minerals Development Act and has given the company until May 31 to address the situation.

In a statement on Monday, Sierra Rutile expressed disagreement with the government’s stance. The company said it was evaluating its position and its response to the directive.

Sierra Rutile and the government have been in negotiations since May 2023 regarding a new fiscal regime for Area 1 under a third amendment agreement. However, in January, Sierra Rutile issued a suspension notice after the government stated that the third amendment agreement would no longer apply to the company, reverting instead to the fiscal regime in place as at November 20, 2001. The miner argues that this change rendered any ongoing operations in Area 1 economically unviable.

Edited by Creamer Media Reporter

Showroom

Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.

VISIT SHOWROOM 
CSIR International Convention Centre (CSIR ICC)
CSIR International Convention Centre (CSIR ICC)

CSIR International Convention Centre (CSIR ICC) - the leading conference and events venue in Pretoria/Tshwane.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (10/10/2025)
10th October 2025 By: Martin Creamer
Magazine round up | 10 October 2025
Magazine round up | 10 October 2025
10th October 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.054 0.129s - 127pq - 2rq
Subscribe Now