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Cape Lambert’s Marampa iron ore IPO plan boosted by China interest

Hellenic Shipping News Worldwide | August 5, 2011 | 9:16 pm Africa Australia Europe Iron Ore 

Australian mining explorer Cape Lambert Resources is seeking to list its Marampa iron ore project in Sierra Leone by the end of 2011 to raise as much as $500 million, as Chinese backing for the larger Tonkolili development nearby supports its plans.

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