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Liberia
Robert Friedland seeks to schmooze president-elect Boakai

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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. [...]
Billionaire Robert Friedland.
Billionaire Robert Friedland. © Alexandre Marchi/L'Est républicain/PhotoPQR/MaxPPP
Robert Friedland is due to meet Liberia's new president in the next few weeks in the United States. The mining tycoon, reassured by the change of government, has made new acquisitions and hopes to gain access to the railway linking the Nimba mining area to the port of Buchanan. [...]
Published on 11.12.2023 at 04:40 GMT Reading time 2 minutes
Mining
Read this article in our running story
“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. [...]

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Further reading

Palace Intrigues
Robert Friedland, Mamadi Doumbouya, Modeste Bahati Lukwebo, Abdel Fattah al-Sisi, Mamadou Sangafowa Coulibaly

Intrigues big and small... Every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

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LogoSubscribers only Energy, Mining, Politics, Business 23.11.2023

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