World's biggest mining project to commence in Guinea
The world's biggest mining project, a $20 billion iron ore, rail and port development will commence operations in Guinea, after a 27-year wait beset by setbacks, and scandals.
Guinea Greenlights Major Iron Ore Project with Global Giants
News - Guinea Greenlights Major Iron Ore Project with Global Giants. The West African state of Guinea recently approved a joint development deal between the …
Guinea approves joint development deal for Simandou iron ore project
Lawmakers in Guinea approved on Saturday a joint development deal for its giant Simandou iron ore project involving the junta-led government, Rio Tinto RIO, RIO, and Winning Consortium Simandou, the lawmaking body's spokesperson said.. Simandou, set to be the world's largest and highest grade new iron ore mine, has been the subject …
Guinea Greenlights Major Iron Ore Project with Global Giants
An Untapped Resource Hub for Iron Ore Mining. Simandou is in Nzérékoré Region of southern Guinea, roughly 900 kilometers away from the capital and port city of Conakry.
Guinea approves joint development deal for Simandou iron ore project
February 5, 2024. GUINEA WEST AFRICA AFRICA CHINA (PRC) BELT AND ROAD INITIATIVE METALS MINING. CONAKRY - 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 lawmaking body's …
Bellzone Iron Ore Wash Plant in Guinea
Guinea. Removing contaminants from low grade fines stock helped Jersey based mining company Bellzone, consistently achieve +58% Fe, minimising waste and increasing yields. Tonnage. 250tph. Material. Iron Ore, Other …
Guinea Greenlights Major Iron Ore Project with Global Giants
The West African state of Guinea recently approved a joint development deal between the government, Rio Tinto/Simfer, and the Winning Consortium Simandou (WCS) consortia to develop the Simandou iron ore mining project. The National Transition Council (NTC), Guinea's legislative body under the interim regime, anounced the deal's approval …
Rio Tinto, Chinalco Progress on Long-Delayed Guinea Iron Ore Project
"The Simandou iron ore project (Blocks 3 and 4) in Guinea is progressing as we collaborate with our partners to optimize the program," the company said. The West Africa project also was mentioned earlier in Rio Tinto's half-year earnings report for this year after being on hold for several years, mostly due to infrastructure financing issues.
Ghana eyes local iron ore processing to boost economy
The News. ACCRA, Ghana — Ghana aims to process its iron ore locally by 2027 for steel production to boost economic growth, a government document seen by Semafor Africa shows. It is part of a continent-wide push to add more value to natural resources at home. The goal is stated in a report by the industry regulator Ghana …
TerraCom signs MoU to acquire Kalia iron ore project in Guinea
Credit: Ingo Doerrie/Unsplash. TerraCom's wholly owned subsidiary has signed an exclusive non-binding memorandum of understanding (MoU) to acquire the Kalia iron-ore project in the Republic of Guinea. The MoU was signed with Bellzone Holding, reported Business-news-today. Located in Faranah Prefecture, the Kalia project is …
Rio Tinto strikes rail deal for Simandou iron ore mine in Guinea
The Simandou project in Guinea has some of the richest iron ore deposits anywhere in the world, but its development has been stymied for years by a litany of disputes over ownership and ...
Trans-Guinean infrastructure agreed for Simandou iron ore project
Global Mining Review, Thursday, 17 August 2023 15:00. Advertisement. Rio Tinto and the Simfer joint venture (Simfer) have reached an important milestone by concluding key agreements with the Republic of Guinea and Winning Consortium Simandou (WCS) on the trans-Guinean infrastructure for the world class Simandou iron …
Guinea's Simandou iron ore project secures $15 billion …
Guinea's Simandou iron ore project secures $15 billion financing. The project will add around 5% to the global seaborne supply when it comes online. Bruno …
China-backed JV to develop giant Simandou …
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 ...
CDE Global iron ore processing system chosen for Guinea …
Jersey-based mining company Bellzone has appointed washing plant specialists CDE to design and supply a pioneering iron ore system in order to increase …
Simandou Iron Ore Project: A New Era of Mining in Guinea
Rio Tinto, a leading global mining group, plans to kick off Guinea's $20 billion Simandou iron ore project in 2024. This development is a milestone for the company and signif...
Nimba iron-ore project, Guinea – update
The Nimba project is a Tier 1 deposit containing extremely high-grade, low-impurity, direct shipping ore (DSO) and is considered one of the best undeveloped iron-ore resources in the world. The ...
Guinea Agrees to Resume Simandou Iron Ore Project With …
Mar 29, 2022 05:59 AM. BUSINESS. Guinea Agrees to Resume Simandou Iron Ore Project With New Infrastructure Pack. By Luo Guoping and Han Wei. Simandou in …
Guinea council approves Simandou iron ore deal | News
Value: $9,838.26m USD. Equity: $9,838.26m. Debt: $0.00m. Debt/Equity Ratio: 0:100. Guinea's National Transition Council has approved a joint development deal for the $15 billion Simandou iron ore project involving the government of Guinea, Rio Tinto and the China-backed Winning Consortium Simandou.
Wafi-Golpu Project, Papua New Guinea
The Wafi-Golpu project in the Papua region of New Guinea will be developed as an underground mine. The Wafi-Golpu joint venture (WGJV), which is a 50:50 partnership between Newcrest Mining and Harmony Gold Mining, is developing the project. Newcrest was acquired by Newmont in November 2023.
Simandou
Steel is strong, long-lasting and cost-efficient – making it perfect for everything from cars and fridges to wind turbines and skyscrapers. The premium grade of Simandou iron ore broadens our global portfolio of iron ore products, complementing our existing, long-term iron ore production in Australia's Pilbara region and in Canada. Read more.
Why Rio Tinto's Guinea iron ore project is starting after 27 …
Valued at about $20 billion (€18.27 billion), the Simandou project is believed to be the largest iron ore project in the world, with about 2.8 billion tonnes of reserves. Rio Tinto will be ...
Stella Vista acquires world-class Kalia Iron Ore Project in Guinea
Global Mining Review, Monday, 17 July 2023 12:00. Advertisement. 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 …
Friedland-backed HPX to fast-track Guinea iron …
The funds will enable the Canadian company to fast-track the development of the project, which is expected to produce an initial 15 million tonnes of iron ore a year, with exports expected to ...
From discord to 'iron caviar'. Guinea's $20 billion …
The venture involves mining high-quality iron ore, setting up over 341 miles of railroad, and building a seaport. The magnitude of the investment surpasses the limits of a single …
Guinea Greenlights Major Iron Ore Project with Global Giants
Guinea has approved a significant development deal for the Simandou iron ore project, aiming to start production by 2026, while Russia's Elgaugol advances on a coal export infrastructure project.
Rio Tinto to launch $20bn Guinea project after 27-year delay
Anglo-Australian mining giant Rio Tinto is poised to commence a $20bn mining project in West Africa's Simandou mountains following a delay of nearly 27 years, the Financial Times reported.. The project, which encompasses iron ore extraction, rail and port development in south-eastern Guinea, is touted as one of the world's most …
Takraf to deliver equipment for Rio Tinto's Guinea iron ore …
Credit: TAKRAF. Rio Tinto has awarded a contract to Takraf to deliver an integrated in-pit crushing and conveying (IPCC) service for the Simandou iron ore complex in Guinea. Under the contract, Takraf will be responsible for the design, fabrication and delivery of an advanced and integrated IPCC and material handling system for the …
PROJECT DESCRIPTION
In order to exploit the iron ore from blocks #1 and #2, WCS has undertaken, within the framework of the mining agreement signed with the Guinean Government, to build a "trans-Guinean" railway of …
Chinese-backed SMB-Winning wins rights to Guinea's Simandou iron ore
"Today, China is the world's leading industrial player and therefore the largest consumer of ore for primary processing," Bouzigues said. "It was strategic for Guinea to be able to integrate into this global value chain with the support of several international partners, in order to contribute in the medium term to a first local …
