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GUINEA

Forecariah forges ahead of Simandou and Nimba as Guinean iron ore hub

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

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

Guinea, which has some of the biggest unexploited iron ore deposits in the world in its south eastern corner, is also one of the countries in which they are the most difficult to bring into production, principally because of the absence of infrastructures to evacuate the ore. Société Minière de Boké, which has the rights to the northern part of the Simandou project, still believes in its project, however, and this could serve to encourage its neighbours in the southern part, Rio Tinto and Chinalco. Two other nearby iron ore bodies have also attracted the leading figures of the international mining sector, Nimba and Zogota. All this seems to be attracting new investors to adjoining exploration permits.
With 175,000 tonnes of iron ore already being produced monthly by India's Ashapura group and a new Chinese company preparing to start prospecting, the Forecariah area is currently Guinea's leading iron ore production zone. [...] (248 words)
Issue dated 13/10/2020
Mining

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Further reading
Loading of bauxite from CBG's Sangaredi mine. © Jean-Claude Moschetti/Réa
In Focus
GUINEA Mining 25/01/2021

Conakry seeks to make Monaco Resources go-to firm for bauxite trade 

The Guinean government, pushing pooling in the mining sector to the extreme, is seeking to impose Monaco Resources as the go-to firm for marketing bauxite produced by firms less experienced in trading. The move comes as mining companies are experimenting with sharing capacity or infrastructure, an often fraught process.

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Mining

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