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nimba iron ore simandou

Pedra de Ferro - The Iron Stone (part 4) - Mines and Communities

At the same time that the investment agreement was signed between the Guinean government and Rio Tinto, its fellow Anglo-Australian miner, BHP Billiton - the world's third biggest iron ore producer - and its partner Areva of France, decided to pull out of Guinea's Mount Nimba iron ore project [Mining 19 May 2014].

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This Year's Iron Ore Report Looks Much Better Than Many Expected

The iron ore prices, 62% Fe CFR China in mid-October 2020, was around $122/mt, up 34% since the start of the year. The average price until mid-October 2020 is $101/mt, an increase in average price of 8.5% compared to the average price of 2019.

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Three species of Coleus (Lamiaceae) from the Guinean Highlands: a new ...

As stated above, Coleus ferricola and C. lateriticola were collected recently on, or near, proposed iron-ore mines in the Nimba and Simandou mountain ranges in Guinea. These mountain ranges are part of the Loma-Man sector of the Guinean Highlands (for a description of the "Loma-Man Highlands" see Cheek & Williams 2016 ).

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September Newsletter - 09.09.19 - Behre Dolbear Group, Inc.

THE NIMBA IRON ORE DEPOSIT HOLDS ROUND 1 BILLION TONNES OF IRON ORE. The West African country is also host to the famed Simandou project, which Rio Tinto, Vale and billionaire Beny Steinmetz's BSG Resources fought over for years. However, Guinea has never exported a tonne as it lacks infrastructure to transport the ore to local ports.

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Ebola and the pestilence of corporate and governmental corruption in ...

BHP Billiton owned a 47.5% stake in the firm Euronimba, which itself owned 95% of the Nimba iron ore project in Guinea. Located on Guinea's southeast border with Liberia and Côte D'Ivoire, the Nimba range is one of the largest unexplored high-grade iron ore deposits in the world.

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Sable's rich seam Leak Liberia and Guinea in Bribery Syndicate, But ...

It won a 25-year lease on the estimated 1.1 billion tonne iron-ore deposit in a deal worth US$1.6 bn. Just seven months later, Elenilto sold a majority stake in the concession to Sesa Goa, a subsidiary of Indian mining giant Vedanta Resources. The deal was facilitated by Eugene Shannon, Liberia's former Lands, Mines and Energy Minister.

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Shareholders & Board - Ivanhoe Liberia

She was previously Controller and CFO for Rio Tinto Simandou's Iron Ore Project. Her prior roles include leading risk and compliance teams. Ms Konaté is a certified public accountant and she holds a master's degree of accountancy from the University of Oklahoma. Philip Mitchell Director

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Liberia: 'ArcelorMittal's Control of Rail Could Jeopardize other Iron ...

HPX won the concession to mine iron ore at the head of the Nimba mountain range in Simandou, Guinea. Both HPX and its subsidiary, Ivanhoe Liberia, have expressed concern that the amended MDA gives ArcelorMittal exclusive control of the Yekepa-Buchanan Railroad, a national sovereign asset.

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Robert Friedland swoops for Guinea's Nimba | Financial Times

Nimba, located in the south-east of Guinea, is estimated to hold around 1bn tonnes of the steelmaking ingredient. Its ore is high grade with an iron content of 65 per cent. HPX said it was planning...

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Guinea aluminum ore bauxite prices rise after coup, mines report no ...

Siguiri produced 117,000 ounces of gold in the first six months of this year. The coup casts further doubt on the future for Guinea's many iron ore mine projects. Rio Tinto, which is developing...

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Bulk Materials International - In-Depth - While Nimba iron ore ...

While Nimba iron ore financing is secured In-Depth 01-Mar-21 High Power Exploration (HPX) has secured US$200M in institutional equity financing to develop its Nimba iron ore project, which could beat Simandou to become Guinea's first iron ore export project. The funding will enable the company to fast-track project development.

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Former Guinea PM joins HPX - Mining Journal

HPX's focus on Nimba comes as China-backed Société Minière de Boké reportedly beat ASX-listed Fortescue Metals Group's bid in November for blocks one and two of the storied Simandou iron ore...

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Talks on Guinea's iron ore advance, BHP nears deal on Nimba-sources

CONAKRY/LONDON, Aug 29 (Reuters) - Leading miner BHP is near a deal to divest its stake in Guinea's Nimba iron ore deposit, while three big miners are vying to develop half of the country's Simandou, the largest known untapped iron ore reserve, sources close to the talks said.

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PROJECT DESCRIPTION - Winning Consortium Simandou

Winning Consortium Simandou ("WCS") plans on commencing an iron ore mine in the Kankan Region, Kérouané Prefecture of Guinea, Africa. The Simandou area (Figure 1) is split into four mineable blocks, Block #1, #2, #3 and #4, of which Block #1 and Block#2 (Figure 2) are owned by WCS and is where the Simandou Project is located.

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Billionaire Friedland Wins Rights to Iron Ore Project in Guinea

(Bloomberg) -- Billionaire mining investor Robert Friedland has won the rights to develop an iron ore deposit in Guinea that owners including BHP Group have left undeveloped for years. Friedland has been in talks with BHP, Newmont Goldcorp Corp. and Orano for months to secure the right to develop the Nimba deposit on Guinea's border with Liberia.

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High Power Exploration Acquires The World-class Nimba Iron Ore Deposit ...

High Power Exploration Acquires The World-class Nimba Iron Ore Deposit In The Republic Of Guinea; 13 September 2019. REF: RA201918092. Read Time: 2 min. Regions. West Africa. Guinea. Topics. ... Rail And Port Infrastructure For The Simandou Iron Ore Project 05 August 2022 West Africa, Guinea. 3 min. Read . Responsive Social Responsibility: GAC ...

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Talks on Guinea's iron-ore advance, BHP nears deal on Nimba - sources

Leading miner BHP is near a deal to divest its stake in Guinea's Nimba iron-ore deposit, while three big miners are vying to develop half of the country's Simandou, the largest known untapped iron ...

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Mining investor Friedland clinches deal on Guinea's Nimba iron ore ...

The deal did not eliminate the possibility that some of the iron ore produced at Nimba, in southeast Guinea, could be taken to port through Liberia - a much shorter route than the government's preferred route through Guinea to the west coast. ... Guinea's government has separately insisted that the future developer of its giant Simandou ...

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Guinea bauxite prices rise after coup, mines report no immediate impact

The coup casts further doubt on the future for Guinea's many iron ore mine projects. read more . Rio Tinto, which is developing part of Guinea's huge Simandou iron ore project alongside Chinalco, declined to comment on how the ... chairman of the Société des Mines de Fer de Guinée (SMFG), which is developing the Nimba iron ore project ...

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Guinea Simandou rights auction to start within months - minister - Yahoo!

Guinea expects to start an auction of the mining rights to half of one of the world's largest untapped iron ore resources in the next two months irrespective of arbitration with previous holder BSG Resources (BSGR), the country's mining minister said. BSGR, a unit of Israeli billionaire Beny Steinmetz's business conglomerate, was stripped of its license to develop part of the Simandou deposit ...

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Friedland's Nimba iron ore project to get World Bank backing

Vancouver-based HPX acquired the iron ore deposit in September 2019. Based on a 2015 report by the United States Geological Survey (USGS), Nimba holds roughly one billion tonnes of high-grade iron...

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SMB-Winning aims to bring Guinea's Simandou iron ore to market in 2025

JOHANNESBURG (Reuters) - China-backed consortium SMB-Winning aims to bring blocks 1 and 2 of Guinea's massive Simandou iron ore deposit into production by 2025, Chairman Fadi Wazni said on Friday, a tight timetable for a huge mine and infrastructure project.

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Changes to Simandou Ore Reserves and Mineral Resources - Rio Tinto

Changes to Simandou Ore Reserves and Mineral Resources . 2. March 2018 . Rio Tinto's 2017 annual report, released to the market today, includes a write back of Ore Reserves to ... Rio Tinto's interest in the Simandou iron ore project is 45.05 per cent, with Chinalco (39.95 per cent) and the Republic of Guinea (15 per cent).

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Simandou, Nimba and Zogota: the long and difficult road to the start of ...

Simandou iron ore mine gets dedicated aircraft fleet Winning Consortium Simandou has just created a dedicated aviation subsidiary which will incorporate the aircraft of its shareholder specialising in mining logistics, UMS. However, the latter is still desperately waiting to recover one of its aircraft, which was "hijacked" in 2019. [...]

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Nimba Iron Prospectivity

The Nimba iron ore project has a maiden JORC reserve of 5396 Mt at a grade of 616% iron and a JORC resource of 2052 Mt at a grade of 578% iron The preliminary feasibility study (PFS), undertaken by Xstract Mining Consultants in March 2014 confirmed the commercial viability of Nimba producing a product mix of 50% lump : 35% fine : 15% LGNimba ...

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Guinea's Nimba iron ore project gets green light to export via Liberia ...

Exporting through Liberia is not an option, however, for the much larger Simandou iron ore project, which Fortescue and SMB-Winning have bid for. Guinea's government says the eventual owner of Simandou must build a 650-kilometre railway - the "Transguineen" - to transport iron ore to the Guinean coast for export.

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The Nimba Iron Ore Project - SMFG

The Nimba Iron Ore Project. Nimba Iron Ore Project - SMFG is located in the Guinean Nimba Mountains, in south-eastern Guinea, adjacent to the Liberian and Ivoirian borders. It involves mining high-grade haematite from two open pits at high elevations in a mining concession of 6.25 square kilometres, at the northern end of the mountain range.

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Guinea Mining - SMG 2022

A deal has been signed to develop block 1 & 2 of the Simandou iron ore deposit. An investment of USD$14 billion will be needed to build a 650 km railway and deep-water port; Guinea and Liberia have signed a deal to export iron ore through Liberia from the giant Nimba iron ore project.

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UPDATE 2-Mining investor Friedland clinches deal on Guinea's Nimba iron ore

Guinea's government has separately insisted that the future developer of its giant Simandou iron ore deposit would have to export through Guinea by building a "trans-Guinean" railway to the ...

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To Marc Struik (CEO, BSGR) Date: 15 June 2015

The Mount Nimba iron ore project, which was at pre-feasibility stage; The Boffa-Santou AI bauxite project, for which two large licences had just been granted by the ... However, the Simandou North and South blocks went to BSGR in early 2006. We believed that these blocks had also been applied for by other companies, in 2003 and 2004, includin ...

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Mining investor Friedland clinches deal on Guinea's Nimba iron ore By ...

Bank of Canada Hikes Overnight Rate 50 Basis Points, Begins QT. TSX Midday Stock Market Movers, Wednesday April 13. Oil prices settle up 4% despite big U.S. crude inventory build

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Agnelli among suitors for BHP's Guinea asset - IOL

Two years ago, Agnelli led Brazilian mining company Vale's push into Guinea, controversially taking a stake in iron ore assets that included blocks of the Simandou deposit confiscated by the...

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Inside Africa: The new scramble for Afrika's minerals - the untold ...

125 years ago the Western imperialists including America, Britain, France and Germany met at a round table to carve up Afrika into neo-political and neo-economic entities. This was known as the Congress of Berlin that became dubbed: the scramble for Afrika Today the same western powers but now including the Asians and the European Jews are now involved in another scramble for Afrika, this ...

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A new dichromatic species of (Chiroptera: Vespertilionidae) from the ...

The Nimba Mountains are an isolated mountain range in West Africa that straddles the, borders of Guinea, Liberia, and Côte d'Ivoire (fig. 1). With peaks rising between 1600-1750 m, above sea level, the mountain range is surrounded by lowland habitats and occupies a transition, zone between the tropical forest zone and moist woodlands.

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The Nimba Iron Ore Project - SMFG

The Nimba Iron Ore Project Nimba Iron Ore Project - SMFG is located in the Guinean Nimba Mountains, in south-eastern Guinea, adjacent to the Liberian and Ivoirian borders. It involves mining high-grade haematite from two open pits at high elevations in a mining concession of 6.25 square kilometres, at the northern end of the mountain range.

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Guinea bauxite prices rise after coup, mines report no immediate impact

Guinean bauxite for delivery to China was last assessed by Asian Metal at $50.50 a tonne, up 1% from Friday and the highest since March 16, 2020. Prices are up around 16% so far this year. The ...

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Liberia: HPX Use of Railway to Export Iron Ore from ... - FrontPageAfrica

SMFG is an 85% owned subsidiary of High Power Exploration (HPX). The Nimba Iron Ore project, is the brainchild of U.S.-Canadian investor Robert Friedland who acquired HPX in 2019. The company expects eventual production of up to 30 million tons a year with construction forecast set to begin in 2023.

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Responsible Mining - Nimba Iron Ore Project - SMFG

We, the Société des Mines de Fer de Guinée (SMFG), have been entrusted by the people of Guinea to responsibly develop the Nimba Iron Ore Project and create a positive contribution for future generations. The Project represents more than fifteen years of research, studies and negotiations throughout the region.

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Guinea's Nimba Iron Ore Project Gets Green Light to ... - FrontPageAfrica

Aug 26, 2022 The "Transguineen" railway is to be built by the eventual owner of the much larger Simandou iron ore project, which the government insists must export through a Guinean port. Fortescue and SMB-Winning have bid to develop the mine.

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Vast Simandou Iron-Ore Project Has Miners Jockeying for Position

Simandou, however, has been steeped in controversy since then-dictator Lansana Conte took the rights to the northern half of the project away from Rio Tinto, even though it had been on the scene...

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