www.african-minerals.com

African Minerals Corporate Website

African Minerals Limited, ("the Company", "African Minerals", or "AML"), formerly Sierra Leone Diamond Company Limited, is a mineral and diamond exploration and production company focused on the West African country of Sierra Leone.

Since 1996, African Minerals has assembled the largest portfolio of mineral rights in Sierra Leone, covering approximately 41,236 km².

Since its admission to AIM in 2005, the Company’s activities in Sierra Leone have evolved beyond diamond exploration and production. In addition to the iron ore projects at Tonkolili and Marampa, the Company has for the past two years been undertaking a country wide, multi-element analysis of stream and till sediments, primarily to determine sources of diamonds. As a result of this programme, the Company has located several sites which offer the potential for the discovery of base, precious and minor metals.

Operations

African Minerals key areas of operations are:

Tonkolili Iron Ore Project
Marampa Iron Ore Project
Base Metals and Gold Exploration
Uranium Exploration
Kimberlite Exploration
Alluvial Diamond Operations
Mineral Rights Holdings

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Strategy

Executive Chairman with Tonkolili Project drill core

The Company's strategy is to become a diversified minerals producer on the African continent. Directors believe that further shareholder value will be derived from the sucessful exploration for, and development of, iron ore, base metals, uranium, gold, and diamondiferous kimberlites.

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Social Responsibility

AML General Manager pays respects to the honourable PC Torto of the Nimiyama Chiefdom

Since the Company recommenced its activities in Sierra Leone in 2003 after the conflict, it has initiated a number of activities to support local communities and its indigenous workforce. At the end of 2006, African Minerals employed 646 local personnel as part of its exploration, production and local administration activities and is now one of the largest employers in the country.

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