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MONROVIA, LIBERIA-The Ministry of Mines and Energy has clarified what it called faked acquisition of the Putu Iron Ore Mine by a company calling itself Blue Ocean Liberia Mining Corporation.

Historically, Severstal acquired the Putu Mine from Afferro Mining for $122 million in 2012, with estimates suggesting that an additional $3.5 billion would be necessary for its full …

The Putu Iron Ore Mining Company, a Russian steel giant, signed a Mineral Development Agreement (MDA) with Liberia on September 2, 2010. The company's …

MONROVIA — FrontPageAfrica has gathered from confidential documents and sources that the Liberian government has been opting through an agreement to allow Pioneer …

Monrovia – Russian steel giant, Putu Mining, has pulled out of Liberia, Liberia's Minister of Lands, Mines, and Energy, Patrick Sendolo revealed during an appearance at the Liberian Senate.

Sokan emphasized the importance of transparency and accountability in handling the aftermath of Putu Iron Ore Mining Company's exit and called for immediate and …

During its session on February 4, 2025, the House demanded a full report on any potential investors, legal constraints, or financial hurdles preventing the resumption of mining …

A leaked memorandum of understanding (MOU) suggests that a small group of public officials attempted to circumvent the statutory authority of the National Investment …

The Putu iron ore project, owned by the Russian steel giant Severstal, has been in limbo since 2016, leaving local communities in a state of limbo as well. The story began in …

The company had played a crucial role in employment, infrastructure development, and human capacity building, and its departure left hundreds jobless. In January 2016, then …