By Abdul Fonti

It is an open secret that the biggest private sector employer in the country, African Minerals Limited (AML) is in serious financial difficulties as far as the Tonkolili Iron Ore project is concerned.

Pundits are even predicting an imminent collapse of the Tonkolili-Iron Ore Project.

This is as a result of the refusal of china-based company Shandong Iron and Steel Group (which is having 25% stakes in the Tonkolili Iron-Ore project) to release some two hundred and eighty four million dollars for the sustainability of the project at a time when deadly Ebola and massive cut in international price of iron ore is ravaging the project.

Subscribe to Front page feed

Copyright 2011. Sierra Leone News Hunters (ARIOGBO), All Rights Reserved
info@sierraleonenewshunters.com | sierraleonenewshunters@gmail.com Ph: +(232) 33 100273 | +(232) 77 266179
Developed by Internet programming Solutions Powered by SaloneTech LLC