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US shipping firm sues Alcoa for $300m in Guinea bauxite row

A US shipping firm is suing Alcoa for $300-million saying it suffered losses after the aluminium maker breached a contract with the Guinean government concerning bauxite shipments from the world's top exporter, court documents showed. Nanko...
11th August 2014

Glencore courts Guinea's iron ore treasures – document

Miner and commodity trader Glencore has expressed interest in iron deposits in Guinea, a presentation obtained by Reuters shows, although the company said it had not pitched for a stake in Simandou, the country's largest deposit. Glencore is the...
6th August 2014

Bellzone announces dispute with Guinea JV trans-shipper

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...
20th June 2014

Simandou bodes well for Cape Lambert project

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...
19th June 2014

Simandou iron-ore project, Guinea Restricted

A agreement has been signed, setting out conditions for massive infrastructure investment to revive the giant Simandou iron-ore project.
30th May 2014

Simandou iron-ore project, Guinea Restricted

Rio Tinto CEO of diamonds and minerals, Alan Davies, has reiterated the company’s development intentions for the Simandou iron-ore project.
14th February 2014

The indaba’s value lies in its networking opportunities

NETWORKING AT THE INDABA Meeting with banks, financiers and mining juniors and majors, as well as establishing contact for possible deals, are key reasons for attending the Mining Indaba 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...
24th January 2014

Simandou mega iron-ore project, Guinea Restricted

An investment framework, one of the major hurdles in developing the Simandou mine, rail and port project, is close to completion.
6th December 2013

China increasingly looking to Africa for iron-ore supply

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...
26th July 2013

Guinea publishes mining deals online in transparency bid

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...
15th February 2013

Guinea targets 3 firms in resource contract review - source

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...
9th November 2012

CIM launches branch, initiatives for West African mining

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...
12th October 2012
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