Global Mining News in real time

Guinea project’s maiden resource confirms potential to stakeholders

By: Natasha Odendaal The independent maiden inferred mineral resource estimate for the Toubal bauxite deposit, in Guinea, West Africa, has been labelled an important milestone for Irish-registered Anglo-African Minerals (AAM) subsidiary Tougué Bauxite and Alumina Corporation (Toubal). AAM CEO James Lumley said in an... 

Mali eyes $9.5bn rail projects to unlock iron ore, bauxite deposits

By: Reuters Landlocked Mali aims to diversify its mining sector away from gold with Chinese-built rail projects worth $9.5-billion that would link it to the Atlantic coast, even as slowing Chinese growth and falling commodity prices cool investment. The West African nation - the continent's third-largest... 

Bellzone announces dispute with Guinea JV trans-shipper

By: Natalie Greve After delivering 268 000 t of iron-ore to market thus far this year, Aim-listed Bellzone Mining’s 50%-owned Forecariah joint venture (FJV) operation, in Guinea, is now in dispute with its contracted barge operator. The iron-ore producer said in a statement on Friday that it had recently been... 

Simandou bodes well for Cape Lambert project

By: Esmarie Swanepoel ASX-listed Cape Lambert Resources on Thursday noted that mining giant Rio Tinto’s development of the $20-billion Simandou iron-ore project, in Guinea, could offer an infrastructure solution for its own Sandenia project. Rio and its partners Chinalco and the International Finance Corporation last... 

The indaba’s value lies in its networking opportunities

By: Ilan Solomons Iron-ore, diamonds and ferronickel mining company BSGR Mining & Metals CEO Marc Struik says he will attend the 2014 Investing in African Mining Indaba to network with potential investors and other mining industry stakeholders. “Meeting with bankers, financiers and mining juniors and majors, as... 

China increasingly looking to Africa for iron-ore supply

By: Leandi Kolver A decrease in the grades of iron-ore produced in China, and reduced Indian exports, as a result of high taxes and mining bans, were providing an opportunity for new iron-ore supply to come on line to fuel China’s urbanisation, minerals industry consultancy Kai Batla geologist Anika Solanki said... 

Guinea publishes mining deals online in transparency bid

By: Reuters Guinea's government published contracts it has signed with mining firms including majors Rio Tinto and Rusal in a bid for more transparency in a sector plagued by corruption and mismanagement. President Alpha Conde vowed after taking office in 2010 following his election to revamp the... 

Guinea targets 3 firms in resource contract review - source

By: Reuters Guinea is focusing a review of its resource contracts on three deals that it says were signed under murky conditions, including an agreement involving one of the world's biggest iron-ore deposits, a source close to the review said. They include BSG Resources' deal to obtain half of the giant... 

CIM launches branch, initiatives for West African mining

By: Henry Lazenby The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) on Friday said it had launched its first African branch in Dakar, Senegal, from which it intended to manage a number of new initiatives aimed at improving collaborative endeavours with West African countries. The CIM said the... 

West Africa emerging as new Pilbara as miners race to develop iron-ore projects

By: Joanne Taylor A ‘new’ iron-ore deposit in West Africa is being explored and global analysts claim that it could be as abundant as the Pilbara deposit in Australia. 

Company Announcement:AIOG and SOGUIPAMI form JV for 51% ownership of Simandou South Infrastructure Company SPV Simfer

Conakry, Geneva and London: African Iron Ore Group Limited and Société Guinéenne du Patrimoine Minier, the Government of the Republic of Guinea’s investment vehicle, are pleased to announce their agreement to form a joint venture company, Infrastructures Minières de Guinée Holdings Ltd 


By: Site Administrator Tenders for work in the rest of Africa excluding South Africa  


By: Site Administrator Tenders for work in the rest of Africa excluding South Africa  


By: Site Administrator Tenders for work in the rest of Africa excluding South Africa  


By: Site Administrator Tenders for work in the rest of Africa excluding South Africa  


By: Site Administrator Tenders for work in the rest of Africa excluding South Africa  

Rio says Simandou JV formed, Chalco makes $1.35bn payment

By: Creamer Media Reporter Diversified mining group Rio Tinto and a consortium led by Chalco, a subsidiary of State-owned Aluminium Corporation of China, have completed the Simandou joint venture (JV), after receiving Chinese regulatory approval. The Chinese approval triggered an earn-in payment of $1.35-billion from... 


By: Site Administrator Tenders for work in the rest of Africa excluding South Africa  


By: Site Administrator Tenders for work in the rest of Africa excluding South Africa  


By: Site Administrator Tenders for work in the rest of Africa excluding South Africa  


By: Site Administrator Tenders for work in the rest of Africa excluding South Africa  

Rio proposes transporting Guinea ore by road

By: Reuters Rio Tinto has proposed to the government of Guinea on Wednesday to start transporting iron ore from its Simandou project by trucks in 2015, while waiting for a planned railway so as to honour delivery contracts. "We have proposed this option in order meet the terms of agreements which provides... 

Company Announcement: Resource Drilling Completed on Droujba Kimberlite Pipe in Guinea

Stellar Diamonds plc, the London listed diamond mining and exploration company focused on West Africa, announces that the initial resource drilling programme at the Company's diamondiferous Droujba kimberlite pipe project located in eastern Guinea has been completed. 

Siguiri mine, Guinea

By: Lisete Bigala An openpit mine situated in Guinea 

Company Announcement: Nemex Resources provides Guinea Update

Iron ore-focused explorer Nemex Resources Limited has been conducting field mapping over its Coastal Project, western Guinea in preparation for drilling in December when the tropical rains end. 

Rio Tinto approves another $1.3bn for Simandou

By: Brindaveni Naidoo Diversified miner Rio Tinto has approved another $1.328-billion for its Simandou iron-ore project in Guinea, bringing the total commitment to the project to $3-billion. The miner said on Tuesday it was accelerating the development of the project, and that the additional funding would enable it to... 

Company Announcement: Rio Tinto approves further US$211 million study funding and US$1.117 billion early commitments in next stage of the Simandou iron ore mining project in Guinea

Rio Tinto is accelerating the development of the Simandou iron ore project in Guinea with the approval of a further US$211 million for continued studies and US$1.117 billion of funding for commitments for early works and procurement of long-lead items. 

Rio's $700m tax to boost Guinea's infrastructure

By: Reuters he government of Guinea will use 35% of a $700-million windfall from Anglo-Australian miner Rio Tinto to rebuild the mineral-rich West African nation's broken infrastructure, a Guinean official said on Sunday. Rio struck a deal with Guinea in April to settle a dispute over its stake in the... 

Guinea launches mining contract review

By: Reuters Guinea will launch a nationwide review of mining contracts to root out "unconscionable provisions" granted by previous rulers, and has toned down Chinese involvement in the resource sector, Mines Minister Mohamed Lamine Fofana told Reuters. The move comes after the West African state, the... 

Significant iron-ore projects undertaken

TSX-listed Talon Metals’ board of directors has approved expenditure of more than $20-million, of which most is allocated to the proposed work programs at the Trairão project and to a lesser extent, on the Inajá South project, in Brazil.  

Bellzone to start iron-ore production at Forécariah in Q1 next year

By: Brindaveni Naidoo Aim-listed Bellzone Mining’s Forécariah joint-venture (JV) project is on schedule to start iron-ore production by the first quarter of 2012, with preliminary mine construction expected to start in July and environmental approval expected in the third quarter of the year, CEO Nik Zuks said on... 

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