Afferro Mining confirms tax settlement with Liberian government

Afferro Mining has confirmed a tax settlement with the Liberian government over the sale of the company's minority interest in Severstal Liberia Iron Ore to Lybica, an affiliate of Severstal.

Afferro Mining has confirmed a tax settlement with the Liberian government over the sale of the company's minority interest in Severstal Liberia Iron Ore to Lybica, an affiliate of Severstal.

The exploration and development organisation and its wholly-owned subsidiary Mano River Iron Ore Holdings have entered into an amendment over the sale of Afferro's 38.5% stake in Severstal.

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