Who owns the mines in Sierra Leone?
Titanium Resources Group
Sierra Leone is ranked as one of the top five producers of rutile, a titanium ore, used in paint pigment and welding rod coatings. The government issued leases for mining rutile are held by Sierra Rutile Limited which is owned by Titanium Resources Group which is owned by European and U.S investors.
What are the minerals in Sierra Leone?
Sierra Leone is well known for its vast endowment in minerals which include diamonds, rutile, bauxite, gold, iron ore, limonite, platinum, chromite, coltan, tantalite, columbite, and zircon, as well as promising petroleum potential.
How many mining companies are in Sierra Leone?
In January 2018 there were six large-scale mining companies (mining rutile, ilminite, bauxite and diamonds) operating in Sierra Leone. In March 2021 there are now eleven large-scale mining companies (mining gold, diamonds, zircon bauxite, iron-ore and rutile) in Sierra Leone.
What is Sierra Leone main export?
Sierra Leone main exports are diamonds (63 percent of total exports), cocoa (22 percent) and coffee. Sierra Leone main export partners are: Belgium, Netherlands, China and United States.
What is the function of the Mining Act 1995?
In March 1995, President Fidel Ramos signed into law the Philippine Mining Act (Republic Act No. 7942) which was designed to revive the mining industry and attract more foreign investment by defining the agreements for mineral exploitation, and provide the requirements for acquiring mining rights.
How many natural resources does Sierra Leone have?
Sierra Leone is endowed with two important natural assets, its mineral resources and its flora and fauna. Both can be found in the Kangari Hills.
What crops are grown in Sierra Leone?
The land is suitable for the cultivation of a wide range of crops including rice (the country’s staple food), cassava, maize, millet, cashew, rubber, ginger, vegetables, fruits, and sugarcane; cash crops such as cocoa, coffee, and oil palm; and the rearing of livestock.
What happened in Sierra Leone blood diamonds?
Under the cover of warfare the rebels committed heinous crimes against humanity in the form of murder, rape, and mutilation. The war between 1991 and 1999 claimed over 75,000 lives, caused 500,000 Sierra Leoneans to become refugees, and displaced half of the countries 4.5 million people[6].