value="LC/sl" idsrc="xmltag.org">Sierra Leone-focused mining company value="LSE:AMI" idsrc="xmltag.org">African Minerals has appointed administrators, it said on Thursday, having being battered by a rout in iron ore prices and costs related to the Ebola outbreak in value="LR/afr" idsrc="xmltag.org">West Africa.
After failing to repay its lender and partner in the Tonkolili iron ore project Shandong Iron and Steel Group, value="LSE:AMI" idsrc="xmltag.org">African Minerals has appointed Neville Kahn and Ian Wormleighton of value="ACORN:1035220738" idsrc="xmltag.org">Deloitte LLP as joint administrators of the company and of its subsidiary African Minerals Engineering Limited.
Other subsidiaries are not affected by today's announcement, it added.
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