UAE prince and Fortescue join the race for iron ore in Guinea
With President Alpha Conde on a diplomatic trip in the United States, the world's investors have their eyes turned to his country's iron ore assets. Sir Mick Davis, the former treasurer of the UK's Conservative Party, took over the helm [. [...]
Is Liberia the solution to Rio Tinto and Chinalco's Simandou iron ore challenge?
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. [...]