simandou iron ore

Guinea delays deadline in Simandou iron ore deposit tender

Simandou contains high grade iron ore, which commands a premium and has become sought after by countries, including China, because processing it creates less pollution than lower grade ore.

Get Price

Simandou tender will be 'open, competitive and transparent

Rio describes Simandou as one of the largest, undeveloped high-grade iron ore deposits in the world, with grades of up to 68%.

Get Price

Iron ore surges past $55 as Rio Tinto exits Simandou

The price increase comes as iron ore major Rio Tinto decided to put its Simandou project in Guinea on ice due to the iron ore glut that is keeping a lid on prices despite delivering a

Get Price

Simandou shelving great for Rio, rivals MINING.COM

Aug 02, 2016Simandou had the potential to lower long-term prices for iron ore by $5 per tonne. Rio acquired the rights for the vast mountain deposit more than 15 years ago and has already spent more than $3 billion on the project.

Get Price

Inside Simandou The mining project that has cursed all

Jun 05, 2017We are Israelis and we know how to fight. Inside Simandou The mining project that has cursed all who come near it

Get Price

Fortescue to go head-to-head for Simandou news.au

13 days agoGuinea has struggled for decades to develop its Simandou iron ore deposit, which is among the world's biggest and contains billions of tonnes of high-grade ore.

Get Price

Guinea seeks developers for Simandou iron ore deposit

The Guinean government has said ore mined from Simandou must be shipped from its own ports, presenting a challenge for prospective developers as its location is 650 kilometres from Guinea's coast. Guinea has said ore from Zogota can be shipped using a Liberian route.

Get Price

Guinea opens blocks of Simandou to tender in effort to

Jul 22, 2019The Simandou iron ore project WEST Africa's Guinea has sought to breathe new life into its massive, but undeveloped, iron ore deposit, Simandou, launching tenders for two blocks of the prospect, said Reuters citing the country's mines minister, Abdoulaye Magassouba .

Get Price

Why Rio Tinto Is Shelving The Simandou Project Nasdaq

Hot Topics Why Rio Tinto Is Shelving The Simandou Project. Rio Tinto has decided to put its Simandou iron ore project in Guinea on hold, less than two months after submitting a bankable feasibility study to the Guinean government, which is indicative of the company's strategic direction under recently appointed CEO Jean-Sebastien Jacques.

Get Price

Guinea opens tender for Simandou iron ore blocks report

Since early April, prices of 62%-Fe iron ore fines delivered to China have risen 37% to a five-year high. According to Guinea's mines and geology ministry website, Guinea has regained full rights to Simandou's blocks 1 and 2 following the resolution of the government's dispute with BSG Resources.

Get Price

Rio Tinto renews work on Simandou iron ore deposit

Jun 20, 2019Rio Tinto (RIO 0.3%) is looking at new ways to develop the giant Simandou iron ore deposit in Guinea after nearly reaching a deal to sell the project last

Get Price

Guinea's President Suspends Simandou Iron Ore Auction

Mining Weekly reported that Guinea's President Alpha Conde has decided to suspend an auction for the right to develop half of the Simandou iron ore deposit, which is the biggest untouched iron

Get Price

Rio Tinto Terminates Executives Over Simandou Investigation

Rio Tinto Terminates Executives Over Simandou Investigation. Updated Nov. 16, 2016 1125 p.m. ET Mining giant Rio Tinto PLC said it fired one of its most senior operational executives and its head of legal and regulatory affairs based on the findings from a continuing internal probe into $10.5 million in payments to a consultant who helped acquire

Get Price

Israeli Billionaire Steinmetz's BSGR Settles Guinea Row

"The key difference, and what was the original plan all along, is to export the iron ore through Liberia and use the existing iron ore rail infrastructure," BSGR spokesman Bobby Morse said. Anglo-Australian miner Rio Tinto holds a 45.05 percent stake in Simandou's remaining blocks 3 and 4.

Get Price

Mining Metals Project Global Ltd

Simandou Iron Ore Mine USD 20bn. It is one of the largest undeveloped high grade iron ore deposits in the world, it is to be a conventional open pit mine with an expected capacity of

Get Price

Guinea seeks developers for Simandou iron ore deposit

Jul 23, 2019The Guinean government has said ore mined from Simandou must be shipped from its own ports, presenting a challenge for prospective developers

Get Price

Guinea prepares tender for Simandou iron ore project

Guinea prepares tender for Simandou iron ore project blocks 1 2 The government of Guinea is in the final stages of preparing a tender for blocks 1 and 2 of the Simandou iron ore project, sources close to the matter have told Steel First.

Get Price

SRK's Involvement In Simandou Iron Ore SRK Consulting

The Simandou project, located in the southeast of Guinea, is widely believed to be one of the largest undeveloped iron ore projects in the world. The Simandou range stretches approximately 110km long and is the site of a number of exploration targets, the most advanced of which are the Pic de Fon and Oueleba projects.

Get Price

Projet Simandou Rio Tinto, Guine YouTube

Apr 28, 2011Siamndou Project in Guinea. Alpha Cond, Georges Soros, Tony Blair, Beny Steinmetz, dans la bataille pour Simandou Duration 3500. GUINEE CONAKRY 18,895 views

Get Price

Guinea delays deadline in Simandou iron ore deposit tender

Aug 06, 2019Guinea has pushed back its deadline to withdraw tender documents for blocks 1 and 2 of Simandou in an effort to boost competition for the world's largest undeveloped iron ore deposit, a senior mining official told Reuters on Tuesday. It launched the international tender in mid-July, giving companies

Get Price

AN OVERVIEW OF BSGR'S IRON ORE INVESTMENT IN

four exploration permits on Simandou covering a total area of 1,460.97 km2. It was the only company holding exploration permits on Simandou and it concentrated its survey on the deposits located in the southern area of Simandou, at Pic de Fon and Oueleba. 22. None of the ore iron permit holders in Guinea had yet been able to extract iron ore.

Get Price

Simandou The Business of Mining

Sep 02, 2010The export of the Simandou iron ore is an interesting case of shared responsibility of corporates and government in infrastructure development. The shortest route to the sea would be a direct link through Liberia, but the infrastructure development to ship the ore through a Guinean port is one of the main benefits the Guinean government could achieve from the involvement of the foreign companies.

Get Price

Africa's largest iron-ore deposit has tainted all who have

It was two decades ago that Rio Tinto won a concession to explore the world's largest untapped iron-ore deposit in Simandou. At the time, Guinea was ruled by a dictatorship that, in 2008

Get Price

Rio Tinto Simandou, Guinea IFC PS6 and SEIA development

A 2009 full assessment of Critical Habitat by TBC for the Rio Tinto Iron Ore Simandou mine in Guinea set a global benchmark for quality and character of Critical Habitat assessments. TBC developed effective, practical, custom-built methods to apply International Finance Corporation (IFC) Performance Standard 6 (PS6) to the comprehensive biodiversity dataset available for the site.

Get Price

Rio Tinto renews work on Simandou iron ore project in

Jun 21, 2019Rio Tinto is once again exploring ways to realise the potential of the huge Simandou iron ore deposit in Guinea. The Simandou project provides access to one of the world's largest untapped (over 2 billion tonnes), high grade iron ore resources in the world. It can sustain a mine life in excess of 40 years and has the potential to make Guinea one of the world's top iron ore exporters.

Get Price

Beny Steinmetz settles dispute with Guinea over iron ore

Feb 25, 2019Development of Simandou one of the world's biggest iron deposits, containing billions of tonnes of high-grade ore has been hindered by years of legal wrangling as well as the enormous

Get Price

Fortescue confirms Simandou iron ore bid Fortescue

Oct 07, 2019Simandou is one of the world's biggest and richest reserves of iron ore, at 2B metric tons of iron ore with some of the highest grades in the industry.

Get Price

Guinea seeks developers for Simandou iron ore deposit

Jul 22, 2019Guinea's aspirations to develop Simandou have foundered because of the cost of infrastructure and protracted legal disputes, but strong iron ore prices and the resolution of

Get Price

EXCLUSIVE-Chinalco proposes taking entire Guinea Simandou

May 15, 2017The Chinese state-owned miner's written proposal for Simandou, one of the world's largest untapped resources of high-grade iron ore used to

Get Price

Wealth of iron ore in Guinea's Simandou buried by

Oct 02, 2015Simandou has been called the El Dorado of iron ore, but with a racketeering case and corruption probes under way, the resource might remain untapped for some time

Get Price