Simandou: Société Minière de Boké wins former Beny Steinmetz blocks
According to our information, Société Minière de Boké (SMB) has won the tender call issued by the Guinean government for [...]
There are very few known pockets of iron ore mining on the African continent yet given its many industrial properties it has become a high-stakes resource with political and financial ramifications. The are several iron ore research projects on the go, including Guinea's gigantic Simandou, Nimba and Zogota deposits.
Other than a set of international mining giants, the bidding round launched by the Guinean government in July for the blocks formerly owned by Beny Steinmetz Group Resources (BSGR) on the Simandou iron ore deposit has caught the attention of [. [...]