Sable Mining Africa acquires 60 percent interest in Salmec Resources

Monday, 13 June 2011 17:45:08 (GMT+3)   |  
On June 13, AIM-listed UK-based miner Sable Mining Africa announced that it has acquired a 60 percent interest in Salmec Resources, holder of the 531.9 square km Kpo range (MEL 12001) exploration concession in the Kpo mountain range in the Gbarpolu and Lofa counties of western Liberia. The project, which has an identified strike of approximately 60km, is contiguous to Sable Mining Africa's Bopulu reconnaissance licence which is also in the Kenema-Man domain on the West African Shield in Liberia.
 
The Kenema-Man domain is a well-known iron ore province which is being explored by mining majors including BHP Billiton, Arcelor Mittal, Severstal and BSG Resources.
 
A detailed geological exploration program is being finalized in the project, including drilling, which will investigate the potential of these targets testing the iron content of the anomalies.

Similar articles

Daily iron ore prices CFR China - January 30, 2026

30 Jan | Scrap & Raw Materials

Liberia approves mineral development extension for ArcelorMittal to 2050

30 Jan | Steel News

Major steel and raw material futures prices in China - January 30, 2026 

30 Jan | Longs and Billet

Iron ore in China rebounds amid futures rises and expected higher crude steel output

29 Jan | Scrap & Raw Materials

Major steel and raw material futures prices in China - January 29, 2026 

29 Jan | Longs and Billet

Algeria ships first iron ore from Gara Djebilet mine to be processed for Tosyali Algerie

29 Jan | Steel News

Daily iron ore prices CFR China - January 28, 2026

28 Jan | Scrap & Raw Materials

Vale achieves production record in 2025, suspends two mines in Minas Gerais

28 Jan | Steel News

Major steel and raw material futures prices in China – January 28, 2026 

28 Jan | Longs and Billet

BHP redirects Jimblebar iron ore cargoes to SE Asia amid China contract dispute

28 Jan | Steel News

Marketplace Offers

DRI
Dimensions:  9 - 16 mm
SUEZ STEEL CO.
HBI
Dimensions:  110 mm
ZISCO TRADING
Lumps
Dimensions:  0 mm
Iron Ore: %62
ZISCO TRADING