Issue link: http://resourceworld.uberflip.com/i/102869
been reached relating to a dispute over management and board structure. Tawana Resources NL [TAW-ASX, JSE] has three projects in Liberia: the Sinoe gold project in the prospective Birimian gold structures on the Dugbe shear zone along strike from the Dugbe gold deposit (1.8 Moz) – see Hummingbird Resources item; the Mofe Creek iron ore project with +40% Fe along 35 km strike; and the Nimba/Lofa gold projects in close proximity to the Ity Gold Mine (5 Moz). The Mofe Creek iron ore project has potential for high-grade direct shipping ore and is only 25 km to the coast, adjacent to rail and port facilities. Vale SA [VALE-NYSE] and BSG Resources aim to bring their joint-venture Zogota iron ore mine in Guinea, on stream by end-2012. The project, with a capex of $5 billion, taps into Blocks 1 and 2 of Guinea's giant Simandou iron ore deposit and will have an estimated nominal capacity of 15 million tpy. On July 30, the mine was attacked by villagers. Security forces clashed with locals three days later, with five people reported killed. On September 26, Reuters cited a source claiming that Vale will prioritize its Serra Sul iron ore project in Brazil over its Guinean developments. The source has knowledge of the firm's strategy, according to Reuters. Vital Metals Ltd. [VML-ASX] is advancing the Doulnia gold project in southern Burkina Faso. The rainy season curtailed exploration, although tenders for the forthcoming campaign season have already been made by drill companies; Vital Metals hopes to extend zones of known mineralization, targeting shallow gold mineralization that can be exploited by open-cut methods. West African Iron Ore Corp. [WAITSXV] is advancing the Forécariah iron ore permit in Guinea. On July 11, the company released data for the first 102 holes on its Wondima target. The results indicated an average grade of 30.52% iron and mineralization with an average thick- ness of 8.53 metres. On September 4, West African Iron Ore announced the signing of a binding letter of intent for a $30 million facility between the company and China International Fund Ltd. West African Resources Ltd. [WAFASX] is focused on the exploration and development of resource projects in Burkina Faso through its wholly-owned Burkinabé subsidiary, Wura Resources. Wura holds mineral tenements covering the Boulsa gold project within central Burkina Faso's Manga-Sebba belt. The Boulsa gold project covers 6,370 km2 and 200 metres of strike length of prospective early Proterozoic Birimian granite-greenstone terrain, and is located 90 km east of the capital Ouagadougou. In June 2012, significant copper-gold mineralisation was intercepted by wide-spaced (400m) air core drilling at the Sartenga prospect, part of the Boulsa Project, in the central portion of the broad 6.2 km by 1.4 km auger goldonly anomaly. n SAFETY EXPERIENCE SUPPORT SERVICE INNOVATION EQUIPMENT PEOPLE NOVEMBER 2012 www.resourceworld.com 23