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Having decided to slow down development at its main Askaf iron-ore project, in Mauritania, in October, Glencore subsidiary Sphere Minerals reported a net loss of $ million from continuing operations after income tax for the year ended December 31, compared with a loss of $311. million for the previous financial year.

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Sphere Minerals defines maiden iron ore resource at Tintekrate . Sphere Minerals ASX SPH is a West African focused iron ore company metal exploration and development in Greenland and Australia Sphere Minerals raises 33m to fast track Askaf iron ore project in to show that it is a company focused on generating cash flow.

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Glencore unit delays Mauritania project due to iron ore ...

 · “In light of prevailing iron ore market conditions, the board of Sphere has decided to initiate a review of the Askaf project, resulting in a slowdown of the project,” the company said in a ...

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Sphere advances Askaf construction - Mining Weekly

Junior iron-ore developer Sphere Minerals has moved ahead with the development of its Askaf project, in Mauritania, reaching an agreement with Essar Procurement Overseas FZE for the procurement of ...

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Glencore closer to iron ore ambition | Financial Times

Glencore closer to iron ore ambition. Share on Twitter (opens new window) Share on Facebook (opens new window) ... Both are joint ventures with SNIM, while its Askaf project is a standalone ...

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FEED Project Manager for the Xstrata Askaf Iron Ore project Alderon is a development company with an iron ore project located Iron Ore Industry Flow Sheet read more + askaf iron ore development project

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El Aouj iron ore mine | Wood Mackenzie

Once the Stage 1 project is established the process plant and mine design has incorporated the option to double the capacity of the mine to 22 Mtpa, but we have only modelled Stage 1 at this point in the projects development.The El Aouj mine is a proposed open-pit iron ore operation in the Tiris-Zemmour area of Northern Mauritania.

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Sphere sees $14m loss after suspending development at Askaf

The ASX-listed company said on Thursday that it decided to defer development at Askaf and put exploration activities on hold for all projects in response to a collapse in global iron-ore prices.

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