Vale fed up with BSGR legal wrangle
A legal team at Cleary Gottlieb Steen & Hamilton penned [...]
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.
Not wanting to have infrastructure costs cut into the profitability of their Guinean iron ore deposit Simandou, Australian mining giant Rio Tinto and China's Chinalco are in talks to sell the site's first output to steel giant ArcelorMittal. [...]
The deep reforms Angolan president Joao Lourenco has brought to the country's diamonds trade have sector heavyweights troubled ( AMI 435). Those who had flourished under Jose Eduardo dos Santos' watch have not necessarily turned away from mining altogether but [. [...]