00 days
00 hours
00 mins
00 secs
Special offer: -15%15% OFF your subscription
Consult our offers
Your account has been succesfully created.
EN FR
Scroll through edition

Guinea
Simandou work still on hold as contractors wait for funds to be released

Read this article in our running story
“Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production”
Guinea

Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production

Guinea, which has some of the biggest unexploited iron ore deposits in the world in its south eastern corner, is also one of the countries in which they are the most difficult to bring into production, principally because of the absence of infrastructures to evacuate the ore. Société Minière de Boké, which has the rights to the northern part of the Simandou project, still believes in its project, however, and this could serve to encourage its neighbours in the southern part, Rio Tinto and Chinalco. Two other nearby iron ore bodies have also attracted the leading figures of the international mining sector, Nimba and Zogota. All this seems to be attracting new investors to adjoining exploration permits. [...]
Mouth of the Kindia railway tunnel. The 600km railway will connect the Simandou iron ore mining sites with the Atlantic Ocean port at Morebaya.
Mouth of the Kindia railway tunnel. The 600km railway will connect the Simandou iron ore mining sites with the Atlantic Ocean port at Morebaya. © Jason Florio/Redux-Rea
Contrary to claims from the junta and Rio Tinto, work will not get under way properly at Simandou until the necessary funds have been released. This should happen only when Baowu Steel has been officially admitted into the WCS consortium. [...]
Published on 12.09.2023 at 04:40 GMT Reading time 3 minutes
Mining
Read this article in our running story
“Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production”
Guinea

Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production

Guinea, which has some of the biggest unexploited iron ore deposits in the world in its south eastern corner, is also one of the countries in which they are the most difficult to bring into production, principally because of the absence of infrastructures to evacuate the ore. Société Minière de Boké, which has the rights to the northern part of the Simandou project, still believes in its project, however, and this could serve to encourage its neighbours in the southern part, Rio Tinto and Chinalco. Two other nearby iron ore bodies have also attracted the leading figures of the international mining sector, Nimba and Zogota. All this seems to be attracting new investors to adjoining exploration permits. [...]

15% OFF your subscription

Special offer: Only 8d and 8h to take advantage of it

Consult our offers

This offer is open to all new subscribers and runs until 24/05/2024

Set up email notifications for these topics

Further reading

15% OFF your subscription

Special offer: Only 8d and 8h to take advantage of it

Consult our offers

This offer is open to all new subscribers and runs until 24/05/2024

Set up email notifications for these topics

  1.  Home  
  2.  West Africa 
  3.  Simandou work still on hold as contractors wait for funds to be released 
Mining

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!