Funds allowed Norgold to both extend Lefa mine’s life and improve efficiencies at the operation.
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Niron Metals, an investment vehicle co-founded and headed by Davis, has struck a deal with Liberia allowing it to use a rail and port to export iron ore from Guinea’s Zogota iron ore deposit.
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Project offers Davis an opportunity to relaunch his mining career that started in his native South Africa.
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The Russian gold producer has received a 15-year mining permit for its Lefa mine.
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