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Here is the continued article reviewing major mining companies operating in Guinea: Read the full review . 15. Nimba Iron Ore Project. The Nimba Iron Ore Project is a joint venture between several companies aimed at developing the iron ore resources in the Nimba region of Guinea. Company Name: Nimba Iron Ore Project
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Rio Tinto's Guinea iron ore project receives all regulatory approvals Rio Tinto's massive African iron ore project in Guinea that it is jointly developing with… Jun - 2022 -
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TerraCom signs non-binding MoU to acquire Kalia iron ore project in Guinea. The acquisition will bolster TerraCom's strategy to become a global producer of bulk commodities. ... Mining news and in-depth feature articles on …
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In addition to bauxite, Guinea holds vast reserves of iron ore, which has attracted major international mining companies. These resources play a central role in Guinea's economy, …
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High Power Exploration (HPX) has raised $200m financing to fast-track the development of its Nimba iron ore project in the Republic of Guinea. The company is targeting a production of an initial 15 million tonnes per annum of high-grade direct shipping iron ore from the Nimba project. It plans to ramp up the production to 30 million tonnes per ...
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READ MORE ARTICLES ABOUT EXPLORATION Arrow Minerals Infrastructure. The government of Guinea, Simfer and WCS created La Compagnie du TransGuineen (CTG), a JV company to co-develop the megaproject requiring the construction of the 670 km "TransGuinean" railway, extending from the Simandou Ranges to Forécariah on the coast …
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Ivanhoe Atlantic is a private American company focused on advancing its strategic portfolio of mining assets. Ivanhoe Atlantic's major shareholder is I-Pulse Inc., a US Company founded and chaired by Mr. Robert Friedland. ... HPX completes acquisition of St John River iron ore licenses in Liberia and received approval from the Government St ...
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Along with the mining, the project includes the building of 600km of rail infrastructure running the length of Guinea and the construction of port infrastructure on the coast of the Forécariah prefecture. This is to export iron ore from mining concessions in …
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The project will also produce high-grade iron ore, around 65.3% iron content, which is better quality than most of what Rio and its competitors mine in Western Australia, the top iron ore ...
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SYDNEY--(BUSINESS WIRE)-- Rio Tinto will provide an update today at its Investor Seminar on the world class Simandou iron ore project in Guinea, which is being progressed in partnership …
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There will be an openpit iron-ore operation in the Simandou range, in south-eastern Guinea, with an expected peak production of between 95-million and 100-million tonnes a year.
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The organization now works along side the Government of Guinea, five major Chinese companies, and Singaporean commodity trader. Winning International to develop $20 billion worth of infrastructure. This includes two …
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Arrow Minerals and Baosteel sign MoU on iron ore development in Guinea. The memorandum of understanding (MOU) marks a step towards accessing the benefits of the Simandou multi-user railway. ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on ...
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From the bauxite behemoths to the iron ore titans, from the gold prospectors to the diamond hunters, these companies have etched their names in Guinea's mining annals, forging partnerships, navigating challenges, and fueling …
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Lawmakers in Guinea approved on Saturday a joint development deal for its giant Simandou iron ore project involving the junta-led government, Rio Tinto, and Winning Consortium Simandou, the...
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The major Simandou iron-ore mine and infrastructure project, in Guinea, has cleared all regulatory hurdles, marking the path forward for $11.6-billion integrated development. The project, hailed ...
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Partners in Guinea's Simandou iron ore mine have 14 days to finalise a joint venture, interim president Mamady Doumbouya said at a meeting with the miners, Rio Tinto …
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With annual production capacity of 120 million metric tons, the Guinea is set to be the world's largest mine for the highest grade of iron ore. Gold Futures $ 3001.1 / ozt -0.01% Micro Gold ...
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Partners in Guinea's Simandou iron ore mine have 14 days to finalise a joint venture, interim president Mamady Doumbouya said at a meeting with the miners, Rio Tinto and Chinese-backed Winning ...
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Stella Vista has acquired the world-class Kalia iron project in Guinea. Established by MPGL (majority owner) and led by former mining executives of Fortescue Metals Group (FMG), Sirius Minerals, Bowen Coking Coal and Coal of Africa. The Company is led by Russell Scrimshaw (Chairman) and Blair Sergeant (Managing Director).
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It will also meet about 10% of China's annual seaborne imports, which are the largest in the world. China takes around 75% of all seaborne iron ore. Simandou, a Chinese-led venture, is dominated by Chinese companies, including Baosteel, while 25% of production is held by Rio Tinto – the world's largest iron ore mining company.
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The Simandou iron ore property in Guinea. Credit: Guinea Ministry of Mines and Geology . ... Trump is the best news for deep sea mining – The Metals Company CEO; February 14, 2025 | 05:35 pm
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The contracted company, Rio Tinto, which is involved in mining the ore acclaims that the hills contain the world's largest remaining untapped reserve of high-grade iron ore. Estimated to be about over 2 billion tonnes of iron in the reserves, the ore will be elemental in Guinea's mining industry.
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Rio Tinto's Simandou Project: While primarily focused on iron ore in a subsoil that contains a world class Ore Reserve of high-grade iron ore, estimated at around 1.5 billion tonnes, Rio Tinto's presence signals confidence …
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Countries are adopting different approaches: Ghana wants to use its iron ore deposits — which are of a lower grade than Guinea's — to boost local building construction.Elsewhere in West Africa, the aim is simply to redress the balance with international companies in revenue-sharing agreements.. In Guinea's case, Sylla said 5% of the tax …
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"The board has given in-principle approval to the path forward for the development of the Simandou iron ore project in Guinea," Rio's Chairman Simon Thompson said at the company's annual ...
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A China-backed joint venture between Guinea's Societe Miniere de Boke (SMB) and Singapore's Winning International Group scored a big win in the iron ore world after securing on Wednesday ...
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The Guinea government announced on Tuesday that shareholders involved in Simandou have signed $15 billion in financing agreements for the iron ore project.
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Major mining companies in Guinea 23 Foreign companies with operations in Guinea 23 Further insight from KPMG 24 ... Guinea has some of the world's largest high-grade bauxite and iron ore reserves, but has been largely unable to benefit from its mineral resources, due to sustained instability, political risks and lack of infrastructure. ...
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Guinea's giant Simandou iron ore project, which is expected to start exports in two years' time, is set to contribute to the world's decarbonization efforts, according to Rio Tinto Plc.
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