West Africa is emerging as the next significant iron-ore province after Australia’s rich Pilbara and is attracting the attention of global majors and the Chinese, says the London-Aim-listed West African Minerals. Major diversified miners are attracted to the area by the potentially large, high-grade deposits generally with low impurities and low processing costs.
See http://www.miningweekly.com/article/west-africa-emerging-as-the-new-pilbara-west-african-minerals-2012-05-21.