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Spotlight GUINEA Issue dated 26/08/2020

Simandou: mines minister Magassouba takes charge of talks with SMB, Rio Tinto and Chinalco

The Minister of Mines of Guinea Abdoulaye Magassouba. ©Tim Cocks/Reuters

Abdoulaye Magassouba has set up a committee to monitor development on the four Simandou iron ore blocks and made himself its chairman. In this way, he intends to have full control of all decisions relating to this mining project, crucial to Guinea's economic future. [...] (661 words)

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

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On the same subject

GUINEA 04/01/2021

Rio Tinto and Chinalco seek social and environmental harmony at Simandou

Rio Tinto and Chinalco, co-owners of blocks 3 and 4 of the Simandou iron ore project in Guinea, are recruiting a team they hope will soothe relations with locals and shield the firms from accusations of damaging biodiversity. [...]

GUINEA 23/12/2020

Odhav steps up the hunt for iron around Simandou

Odhav Multi Industries has applied for yet another exploration permit for iron ore adjacent to the giant Simandou project in Guinea. [...]

A rail project of Winning Consortium Simandou for the transport of bauxite.

GUINEA 26/11/2020

Winning Consortium seeks listing to raise capital for Simandou

To cover a part of the $15bn that the development of blocks 1 and 2 at the Simandou iron ore deposit will cost, the operator Winning Consortium Simandou is looking to raise capital in London. [...]

GUINEA 16/11/2020

Beny Steinmetz and George Soros' Simandou sparring match gets technical

Israeli businessman Beny Steinmetz and American billionaire philanthropist George Soros have both come out all guns blazing to have their interpretation of the law accepted in their court battle over Simandou, which restarted recently in the US. [...]

Unloading an iron cargo in the port of Forecariah, Guinea.

GUINEA 09/11/2020

India's Odhav group hopes to strike a new bonanza on the edges of Simandou

Odhav Multi Industries, which has been looking to get into Guinea's iron ore mining business for several months, has applied for permits adjacent to Simandou, one of the biggest unexploited iron ore deposits in the world [. [...]

GUINEA 15/09/2020

Chinese aluminium giant Hangzhou Jinjiang slips softly-softly into Guinea's bauxite sector

Chinese aluminium and electricity producer Hangzhou Jinjiang has applied for bauxite prospecting rights in Guinea. To prepare its arrival, it has made use of Chinese trade promotion events and its contacts with China's Chalco and TBEA groups, which are already active in the Guinean bauxite sector. [...]

TURKEY GUINEA 24/08/2020

Turkey's plan to compete with China centres on mining sector

At a recent investment forum, Ankara highlighted opportunities in Guinea's mining sector. It's part of Turkey's aim to challenge China's position as Conakry's number one partner. [...]

GUINEA 15/07/2020

Steinmetz cites BlackRock stake to justify New York demand for Rio Tinto's Simandou documents

Investment giant BlackRock's shares in Rio Tinto is reason enough, claims Israeli businessman Beny Steinmetz, to file a discovery request in New York as part of efforts to ward off the Australian mining firm's compensation claim over the vast iron ore mine in Guinea. [...]

GUINEA 03/07/2020

Total to supply fuel for operations at Simandou blocks formerly owned by Beny Steinmetz

The French major Total has reportedly reached a deal with Société Minière de Boké on storing and supplying the fuel needed for operations at blocks 1 and 2 of the Simandou iron ore project. [...]

GUINEA 24/06/2020

MPs to ratify convention for blocks 1 and 2 on Simandou iron ore project

Guinean members of parliament are due in the next few days to ratify the mining convention which will open the way to development of the Simandou iron ore project by Société Minière de Boké. [...]

Beny Steinmetz, CEO of Beny Steinmetz Group Resources

GUINEA 27/05/2020

Beny Steinmetz counter-attacks Vale in Simandou saga, insisting it was aware of licence risks

In his latest legal broadside against Vale about a joint venture on Guinea's Simandou iron ore project, Israeli businessman Beny Steinmetz rejects all accusations of wrongdoing. Claiming that the Brazilian mining giant knew the score before teaming up with his company, Steinmetz says it cannot now sue him on this front. [...]

Breaking news GUINEA 19/05/2020

Convention on Beny Steinmetz' former Simandou iron ore blocks prepped for government approval

Published on 19/05/20 at 1 pm. The mining convention covering blocks 1 and 2 on the Simandou iron ore mining project, which were put up for sale following settlement of a dispute between former owner Beny Steinmetz Group Resources and the government, has been finalised. [...]

Spotlight GUINEA 30/04/2020

Vale goes after property magnates Ziel Feldman and Rene Benko to secure compensation from BSGR over Simandou iron ore

The Brazilian firm Vale has filed a legal action seeking to establish if part of the funds that it paid to Beny Steinmetz's company within the framework of their Simandou iron ore partnership in Guinea was used for property investments in the United States. [...]

Receive free prompts for these topics

GUINEA
Abdoulaye Magassouba
Aboubacar Sylla
Alkaly Yamoussa Bangoura
Alpha Condé
Anne-Marie Sacko
Bimbirinko Barry
Bouna Sylla
Chinalco
Christiane Morgane
Ismaël Dioubaté
Laye Kandé
Mohamed Alpha Condé
Nava Touré
Rio Tinto
Saadou Nimaga
Société minière de Boké
Winning Consortium Simandou

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Simandou: mines minister Magassouba takes charge of talks with SMB, Rio Tinto and Chinalco

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

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Convention on Beny Steinmetz' former Simandou iron ore blocks prepped for government approval

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Simandou: mines minister Magassouba takes charge of talks with SMB, Rio Tinto and Chinalco

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

Free Articles

AfDB gives scathing review of ECCAS efficacy

Total makes development of block 11B/12B conditional on publication of Petroleum Bill

Mali losses prompt Togo to buy Paramount APCs

Rio Tinto and Chinalco seek social and environmental harmony at Simandou

Odhav steps up the hunt for iron around Simandou

Winning Consortium seeks listing to raise capital for Simandou

Beny Steinmetz and George Soros' Simandou sparring match gets technical

India's Odhav group hopes to strike a new bonanza on the edges of Simandou

Chinese aluminium giant Hangzhou Jinjiang slips softly-softly into Guinea's bauxite sector

Turkey's plan to compete with China centres on mining sector

Steinmetz cites BlackRock stake to justify New York demand for Rio Tinto's Simandou documents

Total to supply fuel for operations at Simandou blocks formerly owned by Beny Steinmetz

MPs to ratify convention for blocks 1 and 2 on Simandou iron ore project

Beny Steinmetz counter-attacks Vale in Simandou saga, insisting it was aware of licence risks

Convention on Beny Steinmetz' former Simandou iron ore blocks prepped for government approval

Vale goes after property magnates Ziel Feldman and Rene Benko to secure compensation from BSGR over Simandou iron ore

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Indigo Publications also publishes:

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