Timis mining corporationearsonths acting managing director timis mining corporation jun 2015 mar 2017ear 10 months. marampa, sierra leone overall leadership during care and maintenance. general manager export and services timis mining corporation ssgi sierra leone.Consult Now
Dawnus sierra leone ltdimis mining corporation ltd 2016 ewhc 236 tcc, queens bench division, technology and construction court, his honour judge keyser qc, 11 february 2016 conflict of laws service outside the jurisdiction nonexclusive jurisdiction clause antisuit injunction cpr practice direction 6b.
Londonbased tycoon frank timi, the chairman of mining company african minerals, has inkedeal to buy the sierra leone operations of iron ore concentrate producer london mining, according to the telegraph. london mining collapsed recently after it failed to finduyer for its marampa mine business as it struggled with debt followingecline in iron.
Sierra leone blood mining. assignment. bbc world service radio march 2018. in 2010,klisted company began developingining concession in sierra leone it said could transform the economic fortunes of the local population. but instead of benefiting the most immediate communities, hundreds found their homes destroyed, their livelihoods.
Timis corporations acquisition of marampa is also good news for sierra leone as employment and production will, at least in the near term, be unaffected. iron ore accounts for over half of the countrys export earnings and the sector isajor driver of economic growth. however, low iron ore prices will continue to exert pressure on sierra.
Chairman of african minerals frank timis is seeking to acquire london minings marampa mine in sierra leone through his privately owned company. through timis mining, founder of african minerals frank timis has agreed to borrow 20m from australias cape lambert resources to support acquisition of the mine, which is located about 120km from.
Timis mining corporation sl ltd and dawnus sl ltd ftcc 58 of 2015 2015 slhc 58 02 december 2015 law report citations. media neutral citation 2015 slhc 58. coram. koroma, j. download as pdf. share on facebook. share on twitter. similar judgments.
African minerals is at the heart of the current controversy. in 2012, the sierra leone mining company mades 50 million payment to the cyprusbased company global iron ore gio, raising fresh questions about timis business conduct.
While tony sage is ceo of cape lambert resources and iron ore miner with concessions in sierra leone, frank timis was also the ceo of african minerals another iron ore miner in sierra leone. when the iron ore prices fell back in 2014 it led to the crashing of african minerals and also london mining which was the second producer and exporter of iron ore in.
Dawnus sierra leone ltdimis mining corp ltd 2016 ewhc 236 tcc 11 february 2016 practical law case page d0364256 approx.age.
Apc govt amp gerald metals dupe frank timis. this medium has been reliably informed on how frank timis in photo, the ceo of timis mining corporation was duped by some corrupt government officials together with gerald metals. our information revealed that, frank timis approached gerald metals in order to invest 50 million into timis corporation.
The timis corporation, an investment vehicle of frank timis, an australianromanian businessman with large interests in west africa, wasood fit. ukbased african minerals, in which mr timis serves as executive chairman and is the largest shareholder with over 12 of the shares, already operates sierra leones largest iron ore mine, the 20mty.
What they did was to cancel timis mining companys license and lease agreement and awarded it to sierra leone mining company, whose directors are also directors of timis mining company. this forced the timis mining company to cease operations leaving thousands of youth unemployed in this country, he said.
According to sierra leone minings contract of 2017, the company was only given mineral rights at marampa, but never given rights to the assets they met on ground, which were owned by timis corporation, its predecessor company that was owned by frank timis but went into liquidation. sl mining was to enter intohased payment plan for the.
Dawnus sl limitedimis mining civ app 182016 2017 slca 1190 06 may 2017 timis mining corporationanieldams civ.app.822016 2017.
Timis diamond corporation limited tdc has disclosed recently that it has exercised 2,500,000 common share purchase warrants of sierra leone diamond company limited sldc to acquire.
Cape lambert resources has initiated the action in the high court of sierra leone.. dean is ceo and president of leading private global commodity trading company gerald group, with gerald metals,hollyowned trading company of gerald group, and was the previous owner of 75 of timis mining corporation with the timis trust owning the.
Timis mining corporationearsonths acting managing director timis mining corporation jun 2015 mar 2017ear 10 months. marampa, sierra leone overall leadership during care and maintenance. general manager export and services timis mining corporation ssgi sierra leone.
Assessment of mined land rehabilitation of five large scale mining sites in sierra leone african minerals ltd., koidu ltd., sierra rutile ltd.,.
In dawnus sierra leone ltdimis mining corporation ltd and another 2016 ewhc 236 tcc, the court considered whether to stay english proceedings despiteonexclusive english jurisdiction clause, and whether to grant an antisuit injunction restraining prior proceedings in sierra leone.
By amin kef sesay 15 august 2019. the new minister of mines and mineral resources, hon. foday rado yokie and the national minerals agency are at loggerheads with the sierra leone mining company following what the government refers to as the companys refusal to answer questions about the value of its iron ore production and nonpayment of.
Incidents that appear to be related to sabotage have caused ukbased entrepreneur frank timis to halt production at its marampa iron ore mine in sierra leone.australian company cape lambert resources, which is awaiting royalty payments on marampa output, says it has yet to verify the reason for suspension of the mine.
Timis mining corporation sl ltd and dawnus sl ltd ftcc 58 of 2015 2015 slhc 58 02 december 2015 unrestricted access to the primary and secondary legal materials of sierra leone. free access to law supports the rule of law, access to justice and transparency. our partners. justice sector coordination office of sierra leone.
The company is currently focused on the development and mining of the world class iron ore deposit at tonkolili and its related rail and port infrastructure. the project is the largest employer in sierra leone and is set to become the largest contributor to the countrys gdp. african minerals has been active in sierra leone since 1996.
Many citizens received the news on the comeback of timis to sierra leone to invest in the extractive industry with mixed feelings especially after his african minerals limited aml mining company at the brink of collapse was sold to the chinese shandong steel, which saw him taking loan from his friend at gerald metal to buyover former london mining.
Timis is executive chairman of african minerals, which operates the tonkolili iron ore mine in sierra leone, where marampa is also located. timis corp and african minerals are looking at blending.
It manager at timis mining corporation sierra leone 273 connections. join to connect timis mining corporation. turton high school. report this profile activity freetown, sierra leone systems administrator fostering solutions sep 2007 jun 2011 3.
Fadika was the point person in sierra leone for the multinational corporation, african minerals, owned by the romanian businessman frank timis, which controlled one of west africas largest iron.
Romanian businessman frank timis is set to rescue sierra leones iconic iron ore marimpa mine. the agreement between timis mining corporation and australias cape lambert resources will help.
J by hawa amara. justice patrick hamilton, presiding at the freetown high court, has ordered timis mining company to pay redundant workers the sum of two hundred and fifty thousand united stated dollars us250,000.
The proposed defendant is timis corporation limited tml and its subsidiary companies involved in the ownership and operations at the marampa mine sierra leone including but not limited toimis mining corporation uk andor ii timis mining corporation sl ltd and timis mining corporation ltd of stated address of 35 liverpool street, freetown, republic of.