Rio Tinto fails to clinch sale of Guinea iron ore project
Global miner s .AX .L outline deal to sell its stake in the in Guinea has lapsed after years of negotiations failed to produce an agreement with ...
Welcome to our website
· After 2007 and 2008, when used promise to ward off BHP Group’s advances, it was heralded as the project that would open up a new, high-quality …
Global miner s .AX .L outline deal to sell its stake in the in Guinea has lapsed after years of negotiations failed to produce an agreement with ...
· A consortium comprising the biggest bauxite exporter Société Minière de Boké in Guinea, West Africa, has beat Fortescue Metals Group on a tender to develop the …
LONDON/BENGALURU Reuters - RIO.AX RIO.L has signed a preliminary deal to sell its stake in to 3668.HK, it said on Friday, injecting impetus into the...
· Group is accelerating work toward potential development of the giant as half-year earnings showed steel-making ingredient dominated the...
· last month unveiled a 2.25 billion tonne resource for the and the company’s chief executive of Sam Walsh labelled …
had originally expected to ship 338-350 million tonnes of from the Pilbara in 2019, an improvement from the record 338.1 million tonnes it moved into the market in 2018.
· The , in southeast Guinea in Africa, is one of the world’s largest untapped high-grade deposits. It has four blocks with an estimated reserve of 5.85 ...
· The main reason that is pushing forward with such a huge is the fact that is one of the worlds largest untapped, high-grade resources of .
· A 20 billion to develop the worlds biggest untapped deposit of has been shelved by , in the latest twist in a long-running and contentious saga.
The non-binding heads of agreement, originally signed on 28 October 2016, for Chinalco to acquire Rio Tintos entire interest in the Simandou iron ore project in has lapsed.
· Rio Tinto ASX, LON,NYSE: RIO is suddenly in a rush to develop the giant and controversial as half-year earnings support an …
4 hours ago · s new reality . IT has been a long time since the richly controversial in Guinea has made it into the exploration and evaluation section of a quarterly report, writes Barry FitzGerald. The in Guinea ...
· Anglo-Australian metals and mining giant Group and its Chinese partner Chinalco are making progress on their long-delayed development of an mine in Guinea, the company told Caixin on Monday. “The Blocks 3 and 4 in Guinea is progressing as we collaborate with our partners to optimize the program,” the company said.
is divided into four blocks, blocks 1 and 2 are controlled by SMB-Winning, a Chinese and Singaporean-backed consortium, and blocks 3 and 4 are controlled by Anglo-Australian multinational mining company alongside Chinese partner, Chinalco.
· A new development south of is close to infrastructure. This was published 6 years ago. new it’s not
In 2010 it seemed that Simandou was to become the site of the largest integrated iron-ore mine and infrastructure project ever developed in Africa, liberating not just a gigantic new source of iron ore but also creating a 650km new railway to the Guinean coast at Matakong.
Simandou, which is estimated to contain 2bn t of iron ore, requires a 650km railway across Guinea and a deepwater port on the countrys coast to be constructed, and Rio Tinto chief executive Jean Sebastian Jacques thinks that a joint venture with SMB-Winning to develop this infrastructure may make sense.
· ’s “love/hate” relationship with the giant but undeveloped deposit in Guinea, in West Africa, could be morphing into a different form, one best described as ...
