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GUINEA

Steinmetz and Soros' Simandou duel still raging

Since Franco-Israeli mining magnate Beny Steinmetz's court battle against American billionaire George Soros, was announced mid-April with a resounding thunder clap, scarce more detail has come to light. Behind the scenes, however, the two men have continued to reveal the [...] (571 words)

Issue dated 05/09/2017 Reading time 3 minutes

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Mining

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GUINEA
Alpha Conde
Beny Steinmetz
Beny Steinmetz Group Resources
Chris Canavan
DLA Piper
George Soros
Global Witness
ICSID
Revenue Watch Institute
Rio Tinto
Soros Fund Management
Vale

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.

GUINEA SIERRA LEONE Mining 27/08/2021

Sierra Leone activists take action against Beny Steinmetz before the US courts

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.

GUINEA Mining 21/12/2020

Simandou: Beny Steinmetz gambling on ICSID in his case against George Soros

To keep his case against George Soros from being dismissed by the New York courts, Beny Steinmetz claims evidence introduced to the ICSID proves he is not guilty of corruption.

GUINEA Mining 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.

GUINEA Mining 11/09/2020

Simandou: Rio Tinto riposts to Beny Steinmetz's attack on the Polge de Combret affair

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.

GUINEA Mining 24/03/2020

George Soros at the heart of US court's decision on Vale vs. BSGR

A New York court has issued a 150-day ban on

GUINEA Mining 24/12/2019

Former Vale mining experts branch out into consulting

Geologists Félix Niankoye Balamou and Cécé Césaire Haba created Global

GUINEA Mining 26/11/2019

Simandou: Frank Maas to find neutral ground in BSGR vs. Vale match

To settle their differences over certain aspects of the US lawsuit in which they are pitted against each other, the two firms have called in a neutral arbitrator.

GUINEA Mining 15/10/2019

BSGR called to offer final excuse for not paying $1 billion to Vale

It is now New York judge Vernon Broderick's turn to

GUINEA Mining 01/10/2019

BSGR sentenced to make first payment to Vale

A British high court decision on September 20 has given

GUINEA Mining 03/09/2019

Vale fed up with BSGR legal wrangle

A legal team at Cleary Gottlieb Steen & Hamilton penned

GUINEA Mining 30/07/2019

Beny Steinmetz's lawyers counter Vale with GDPR

To stop Vale from access certain documents in their legal battle, the mining magnate's defences team has called on the EU's sweeping data protection regulation.

GUINEA 18/06/2019

BDO administrators, BSGR's trump card against Vale

The administrators appointed to restructure the finances of Beny Steinmetz Group Resources (BSGR), and more importantly protect the company's assets,

FRANCE GUINEA ISRAEL Politics 27/02/2019

Beny Steinmetz in talks with Conde in Conakry

No mere ‘facilitator' for the Guinean president and the Israeli businessman, Nicolas Sarkozy has engineered a discreet meeting between the two men.

GUINEA Mining 19/02/2019

Oresearch ready for gold action with Convertible Resources

The management at drilling specialist Oresearch Drilling are also active on the northeast Guinean gold exploration project Doko.

Spotlight

GUINEA 22/01/2019

Rio Tinto, Beijing, Steinmetz, Friedland: Conakry in talks with all and sundry to reboot iron ore sector

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

GUINEA Mining 10/07/2018

Final round in Beny Steinmetz's battle with Conakry?

On June 11, lawyers of Beny Steinmetz Group Resources (BSGR)

GUINEA Energy 03/04/2018

George Soros' NGO NRGI helps oil office offer transparency

American NGO Natural Resource Governance Institute (NRGI) recently helped Guinea's

GUINEA Mining 16/01/2018

Beny Steinmetz's former sparring mate Lord Malloch-Brown credited at Indaba

Lord Mark Malloch Brown, former British minister of state with

GUINEA Mining 26/12/2017

Beny Steinmetz begins (just) to see glimpse of light in Simandou tunnel

After many years spent dealing with a string of law suits over Guinea's iron ore project Simandou, Beny Steinmetz has

GUINEA Mining 28/11/2017

George Soros calls BSGR's ghosts to testify

Accused by Beny Steinmetz Group Resources (BSGR) of manipulating the government to strip the firm of its rights to the

GUINEA Mining 31/10/2017

Experts step into arena for BSGR vs Conakry case

The World Bank dispute settlement institution, ICSID (International Centre for

GUINEA Mining 17/10/2017

Alan Davies, Rio Tinto's fallen star, fights for his reputation

In mid-September, Alan Davies, former head of energy and minerals at Rio Tinto, published a motion demanding the dismissal of

DRC Mining 06/06/2017

George Soros takes Kinshasa under his wing

After having invested in mining governance in Guinea, American billionaire George Soros, is ready to tackle another African giant in

Spotlight

GUINEA Mining 07/02/2017

Chinalco could become owner of Beny Steinmetz’s former blocks on Simandou

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

GUINEA ISRAEL Mining 10/01/2017

Not the nicest New Year’s Eve for Steinmetz

In placing Beny Steinmetz under house arrest between Dec. 19-Jan.

GUINEA Mining 20/12/2016

Steinmetz turns the tables on Rio Tinto in bribery cases

Accused before several courts and arbitration panels of paying off associates of former Guinean president Lansana Conte to win blocks

GUINEA Mining 25/10/2016

A hitch in the showdown between BSGR and Vale

An unexpected twist has occurred in an arbitration that pits two partners in the Simandou iron project against one another.

GUINEA Mining 28/10/2014

Ibrahima Fofana, the president's mines man

To reassure investors concerning Guinea's mega projects like Simandou operated by Simfer/Rio Tinto, president Alpha Conde has set up a

Spotlight

GUINEA Mining 18/02/2014

Mining consultants up in arms

Lawyers retained in 2012 by Guinea's mines minister Mohamed Lamine Fofana with the blessings of president Alpha Conde to scrutinize the country's mining agreements are furious. The government is refusing to pay them. Only a few like DLA Piper have

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GUINEA
Alpha Conde
Beny Steinmetz
Beny Steinmetz Group Resources
Chris Canavan
DLA Piper
George Soros
Global Witness
ICSID
Revenue Watch Institute
Rio Tinto
Soros Fund Management
Vale

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Steinmetz and Soros' Simandou duel still raging

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Set up email notifications for these topics

Beny Steinmetz: what consequences will end of fight against Soros have for Vale battle?

Sierra Leone activists take action against Beny Steinmetz before the US courts

Simandou: Beny Steinmetz gambling on ICSID in his case against George Soros

Beny Steinmetz and George Soros' Simandou sparring match gets technical

Simandou: Rio Tinto riposts to Beny Steinmetz's attack on the Polge de Combret affair

George Soros at the heart of US court's decision on Vale vs. BSGR

Former Vale mining experts branch out into consulting

Simandou: Frank Maas to find neutral ground in BSGR vs. Vale match

BSGR called to offer final excuse for not paying $1 billion to Vale

BSGR sentenced to make first payment to Vale

Vale fed up with BSGR legal wrangle

Beny Steinmetz's lawyers counter Vale with GDPR

BDO administrators, BSGR's trump card against Vale

Beny Steinmetz in talks with Conde in Conakry

Oresearch ready for gold action with Convertible Resources

Rio Tinto, Beijing, Steinmetz, Friedland: Conakry in talks with all and sundry to reboot iron ore sector

Final round in Beny Steinmetz's battle with Conakry?

George Soros' NGO NRGI helps oil office offer transparency

Beny Steinmetz's former sparring mate Lord Malloch-Brown credited at Indaba

Beny Steinmetz begins (just) to see glimpse of light in Simandou tunnel

George Soros calls BSGR's ghosts to testify

Experts step into arena for BSGR vs Conakry case

Alan Davies, Rio Tinto's fallen star, fights for his reputation

George Soros takes Kinshasa under his wing

Chinalco could become owner of Beny Steinmetz’s former blocks on Simandou

Not the nicest New Year’s Eve for Steinmetz

Steinmetz turns the tables on Rio Tinto in bribery cases

A hitch in the showdown between BSGR and Vale

Ibrahima Fofana, the president's mines man

Mining consultants up in arms

After Charlie Carr, Hugh Petre exits K2

BSGR launches attack on Veracity probe

Rio Tinto v BSGR: consultants take stand

Private investigators rumble in Guinea jungle

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