Industrial Minerals


Sierra Rutile extends losses but increases production in 2010

02 June 2011

by Mark Watts

West Africa miner sees 2011 as year of transition as it assesses expansion options

Keywords: Sierra Rutile, SRL, rutile, ilmenite, zircon

Sierra Rutile Ltd (SRL) extended its annual losses in 2010 despite increasing revenue and production, the London-listed mineral sands miner reported.

SRL, which operates a rutile, ilmenite and zircon operation in Sierra Leone, posted a loss of $13.9m. in 2010 compared to $7.9m. in...