Project overview
About this development
Télimélé is located 60 kilometers from rail and about 150 kilometers from port in Western Guinea. Nemex is continuing to discover a high-grade ironstone unit of consistent chemistry across a very large area at Boulere. The ironstone outcrops and topography at the Boulere Prospect are identical to where the drill rig is now positioned at the Boulere North Prospect. Initial capital expenditure is estimated between $60 million and $130 million, depending on whether processing facility and transshipment operations are owned or contracted.
Project at a glance
Télimélé Iron Ore Project, West Guinea is located in Guinea. The project is classified in the Private sector. Its current recorded stage is Cancelled. The recorded project value is R 200 Million+.