Beny Steinmetz: what consequences will end of fight against Soros have for Vale battle?
The action brought by BSGR against George Soros, which has now been voluntarily abandoned, was a key element in Beny Steinmetz's legal strategy against Vale.
Sierra Leone NGO Marginalised Affected Property Owners, which is taking legal action in the country against Beny Steinmetz Group Resources to obtain recognition of the environmental and social damage caused by its Koidu diamond mine, has asked a US court to give it access to documents it hopes will help it win its case.
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.
Rio Tinto, which is in dispute with Beny Steinmetz over the loss of its mining rights on blocks 1 and 2 on the Simandou iron ore project, has been stung by an attempt by the Israeli businessman to bring up another affair involving alleged bribery on its part for mining rights on blocks 3 and 4 at Simandou.
Highly costly, remote and often the object of an international dispute or arbitration, iron ore projects in Guinea have been struggling in recent years. The Conakry authorities are working hard to turn the situation around, especially to develop Simandou and
While police investigators and courts in far-flung countries continue to examine how Beny Steinmetz Group Resources (BSGR) headed by Franco-Israeli tycoon Beny Steinmetz ended up by owning blocks 1 and 2 of Simandou iron ore project in Guinea the situation