Mauritania Iron Ore Mine
Jul 30, 2014 Glencore said in its last annual report it was assessing two iron ore projects in the country, Askaf and another called El Aouj, which it said had the potential to produce at least 22.5 million tonnes per year. Mauritania has reserves of iron ore, copper and gold and mining firms Kinross Gold Corp and First Quantum are already active there.Apr 24, 2014 Glencore's Sphere approves 7m-tpy iron ore project in Mauritania. Sphere Minerals, a subsidiary of commodity giant Glencore Xstrata, has approved the 7 million-tpy Askaf iron ore project in Mauritania, it said on Thursday April 24. The iron ore mine, which is expected to start production in early 2017, will cost just under $1 billion to bring.Glencore unit delays Mauritania project due to iron ore price fall. 30 Oct 2014 Steel Glencore. Sphere Minerals, a subsidiary of commodity trading and mining giant Glencore said it will slow down development of its Askaf iron ore project in Mauritania in response to the fall in prices for the steel ingredient.Feb 04, 2014 The site is believed to hold than 500mn tonnes of iron ore reserves, according to initial estimates. Technical studies reveal that there could be even higher reserves of up to a billion tonnes. According to Arab News , the Atomai Mines are known for their high content of high-quality iron and are among the best in the world, with a low.