Talks between Conakry and Monrovia on transporting Guinean ore via the Liberian port of Buchanan are to be relaunched this month after a lengthy delay due to Covid-19. They will be steered by two top government officials.
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
After unsuccessfully bidding for a piece of the Simandou iron ore market in partnership with Australia's Fortescue, Ahmed bin Dalmook al-Maktoum, a distant cousin of the emir of Dubai, has found an alternative bauxite project, which could be up and running quickly.
Niron Metals, run by Mick Davis, former Chief Executive of the British Conservative Party and to which Beny Steinmetz is linked, has a clear plan to mine the Guinean Zogota iron ore project, after reaching an agreement on the Simandou blocks.
As President Cyril Ramaphosa of South Africa turns to the World Bank for economic support in the face of the coronavirus pandemic, some of the country's major banks are already operating with the help of the Bretton Woods institution.
Following in the footsteps of Canadian mining magnate Robert Friedland (AMI 453), the former chief executive of the UK's Conservative [...]