31st Jul 2014 10:09
LONDON (Alliance News) - Sula Iron & Gold PLC Thursday said its Ferensola Project in Sierra Leone has not been impacted by the outbreak of Ebola in West Africa.
The update to shareholders was made after Sierra Leone's President, Ernest Bai Koroma, on Thursday declared a public health emergency in a bid to try and curb the outbreak of the deadly disease. According to the United Nations, more than 670 people have died in of Ebola in West Africa since February, with 224 of them in Sierra Leone.
Sula also noted the Ferensola Project, located in Diang Chiefdom, will be closed in August to coincide with the heavy rains expected in the area. It is currently on a care and maintenance status and will recommence exploration in early September.
Sula Iron & Gold shares were down 5.7% to 2.475 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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