Save
PrintLiberia's Public Procurement and Concessions Commission has halted rebidding for the country's richest iron ore deposits pending a review, according to a letter seen by AFP Tuesday.
"The commission advises that you stay all or any proceeding (or) action, such as re-bidding of the Western Cluster," the commission said in a letter addressed to the Ministry of Lands, Mines and Energy.
"We advise that you stay the re-bidding for at least two weeks to allow time for the commission to review the matter and make appropriate decision for the way forward," the letter said.
The move follows a complaint by South Africa's Delta Mining, which won the original 1.6 billion dollar contract to develop the Western Cluster mines, closed since the 1980s.
The PPCC cancelled the contract in September following allegations of corruption, and Delta as well as India's Tata Steel were excluded from the rebidding. Both companies deny wrongdoing.
The Western Cluster is the largest iron ore deposit in the West African country which is trying to develop its iron ore reserves, estimated to be the world's fifth largest, following a 14-year civil war.
Editor: Ivy
M S N: noble-ferroalloys@hotmail.com
E-mail: tiandandan226@yahoo.com.cn
Write to editor: service@ferro-alloys.com
Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
- [Editor:editor]
Daily News
Research
Magazine
Company Database
Customized Database
Conferences
Advertisement
Trade
Online inquiry
Contact
Tell Us What You Think