Asset report

Marampa iron ore mine

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Report summary

Marampa was a small capacity surface mine in the Northern Province of Sierra Leone. It is 100% owned and operated by the Timis Corporation.Operations at Marampa are currently suspended supposedly because of sabotage. Timis Corporation also failed to make royalty payments to Cape Lambert in early 2015 which suggests the mine's owner is in financial difficulty. Because of low iron ore prices and the likelihood of financial difficulties we do not expect this mine to restart. This is an archived version of our view of this mine as of August 2016. This analysis will be updated again if the mine re starts production.

What's included

This report contains

  • Document

    Marampa iron ore mine

    PDF 553.13 KB

  • Document

    Marampa.xls

    XLS 200.50 KB

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Production
  • Operations
  • Infrastructure
  • Costs
  • Sales contracts
  • Economic assumptions

Tables and charts

This report includes 13 images and tables including:

Images

  • Detailed map
  • Production
  • Cash costs

Tables

  • Key facts: Table 1
  • Participants (%)
  • Marketable reserves (at 01/01/2016)
  • Production
  • Operations
  • Infrastructure
  • Cash costs
  • Capital costs
  • Economic assumptions
  • Product quality

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