African Minerals Limited is a minerals exploration and development company with significant interests in Sierra Leone. Founded in 1996, it is listed on the Alternative Investment Market (AIM) of the London Stock Exchange and headquartered in London, United Kingdom.
The company's primary focus is on the development of the world class iron ore deposit at Tonkolili and its related rail and port infrastructure. This project is the largest employer in Sierra Leone and is poised to become the biggest contributor to the country's GDP.
The flagship project includes the Tonkolili iron ore deposit and associated 200 km rail and port infrastructure in central Sierra Leone. The Tonkolili project currently boasts a JORC compliant ore resource of 12.8Bnt, extending over a combined strike length of 30km. This includes a substantial Direct Shipping Ore and Saprolite mineral resource overlaying a very large magnetite orebody.
With its strategic focus on minerals exploration and the development of essential infrastructure, African Minerals presents an intriguing opportunity for potential investors seeking exposure to the mining sector and intra-African trade.