Cavalla Resources acquires BHP Billiton’s iron ore interests in Liberia
Cavalla Resources acquires BHP Billiton’s iron ore interests in Liberia Cavalla Resources Limited (“Cavalla”), a wholly-owned subsidiary of investment holding company Jonah Capital, has successfully completed the acquisition of BHP Billiton’s iron ore interests in Liberia with effect from 29 October 2015, having obtained the required consent of the Government
Nontraditional funding sought for Liberia iron-ore development
Cavalla COO Fidel Jonah said on Monday that the company anticipated that the iron-ore pricing environment would be better in three years’ time when its Joe Fantro project would begin making use of existing infrastructure to export from a functioning port 70km away.
Cavalla Resources Limited
Founded in 2005 – Executive Chairman is Sir Sam Jonah, an influential and highly respected businessman with extensive global business and political networks, track record in the mineral resource sector, and pan-African footprint.