simandou iron ore project vale

simandou iron ore project vale

How the Iron Ore Market Works (VALE, RIO)   Investopedia

How the Iron Ore Market Works (VALE, RIO) Investopedia

How the Iron Ore Market Works (VALE, RIO) times raised questions about the sustainability of iron ore mining projects around the world. Iron ore is a mineral that is rich in iron and oxide

Inside Simandou The mining project that has cursed all

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

Mining and corruption Crying foul in Guinea   economist

Mining and corruption Crying foul in Guinea economist

Simandou, a mountainous area in southern Guinea (pictured), has been called the El Dorado of iron ore. It is the worlds largest known untapped deposit of the stuff, with enough ore to sustain

Vale on arbitration award related to Simandou

Vale on arbitration award related to Simandou

Apr 09, 2019Rio de Janeiro, April 9th, 2019 Vale S.A. ("Vale") announces that, on April 5, 2019, it received an award from an arbitral tribunal in London in the amount of US$1.246 billion plus costs and interest against BSG Resources Limited (BSGR), for fraud and breaches of warranty by BSGR in inducing Vale to enter into a joint venture to develop a concession for mining iron ore in the

About Simandou   Rio Tinto

About Simandou Rio Tinto

The Simandou Project is currently the largest planned integrated mining and infrastructure development contemplated in Africa. The Simandou Project includes three key components which are The Mine An iron ore exploration and mining project located towards the southern end of the 110 kilometre long

Vast Simandou Iron Ore Project Has Miners Jockeying for

Vast Simandou Iron Ore Project Has Miners Jockeying for

As the government of Guinea prepares to announce how it will proceed with an auction for rights to develop the northern half of the vast iron ore deposit in the Simandou mountains, the mining

BSG ordered to pay Vale $1.2bn over Simandou

BSG ordered to pay Vale $1.2bn over Simandou

An arbitral tribunal in London has ordered BSG Resources (BSGR) to pay Brazilian miner Vale $1.25 billion plus costs and interest in a case relating to the Simandou iron ore concessions in Guinea.

Why Rio Tinto Reversed Course on the Massive Simandou Iron

Why Rio Tinto Reversed Course on the Massive Simandou Iron

Just weeks after delivering feasibility studies in May on its massive Simandou iron ore project in the west African republic of Guinea, Rio Tinto seemingly reversed course and said it wouldn't be

Vale awarded US$1.2 billion over Simandou   Mining Journal

Vale awarded US$1.2 billion over Simandou Mining Journal

Vale SA (BZ VALE3) says a London arbitral tribunal has ordered BSG Resources pay the Brazil based miner US$1.2 billion, plus costs and interest, related to the storied Simandou iron project in

Vale awarded US$1.2 billion over Simandou   Mining Journal

Vale awarded US$1.2 billion over Simandou Mining Journal

Vale SA (BZ VALE3) says a London arbitral tribunal has ordered BSG Resources pay the Brazil based miner US$1.2 billion, plus costs and interest, related to the storied Simandou iron project in

A pig of a project Africas largest iron ore deposit has

A pig of a project Africas largest iron ore deposit has

A pig of a project Africas largest iron ore deposit has tainted all who have touched it. Billionaires and big companies have come a cropper in one of the worlds poorest countries

Vale Files US$2 Billion Lawsuit Against Former Partner

Vale Files US$2 Billion Lawsuit Against Former Partner

Apr 25, 2019Vale Files US$2 Billion Lawsuit Against Former Partner Over Simandou Project. making it one of the worlds most significant untapped iron ore deposits. Simandou can sustain a mine life over 40 years and has the potential to make Guinea one of the worlds top iron ore exporters. Vale has accused BSGR of fraudulently inducing it to buy a

Simandou Iron Ore Project   Mining Technology  Mining

Simandou Iron Ore Project Mining Technology Mining

The Simandou iron ore project is located in eastern Guinea, approximately 600km from the Guinean coast and 400km from the Liberian coast. Image courtesy of Rio Tinto. The first shipment of iron ore from Simandou is expected in 2015. Image courtesy of Rio Tinto. Simfer is the concession licence holder of the Simandou iron ore project.

Simandou Port Development  Ausenco

Simandou Port Development Ausenco

Vale / BSG Resources. Industry Sector Rail Intermodal; Transportation Shipping Studies. The Simandou Project, located in the Republic of Guinea, provides access to one of the worlds largest untapped high grade iron ore resources. A world class iron ore deposit with estimated reserves of over 2 billion tonnes grading 65.5% Fe

Vale's Simandou Project Shelved    Finance

Vale's Simandou Project Shelved Finance

Dec 07, 2012Vale's Simandou Project Shelved. Zacks Equity Research on the site of the world's largest untapped deposit of iron ore, uncertainty associated with

About Simandou   Rio Tinto

About Simandou Rio Tinto

The Simandou Project is currently the largest planned integrated mining and infrastructure development contemplated in Africa. The Simandou Project includes three key components which are The Mine An iron ore exploration and mining project located towards the southern end of the 110 kilometre long

Vale on proceeding to enforce arbitral award related to

Vale on proceeding to enforce arbitral award related to

Vale announces that on April 23, 2019, it commenced a proceeding against BSG Resources Limited (BSGR) in the United States District Court for the Southern District of New York to enforce Vale's arbitral award against BSGR, totaling over US$ 1.2 billion (with interest and costs, exceeding US$ 2.0 billion), which was issued on April 4, 2019 by an arbitral tribunal under the auspices of the

Vale Stalls Guinea Iron Ore Project Amid Dispute And

Vale Stalls Guinea Iron Ore Project Amid Dispute And

Apr 05, 2013Vale (NYSEVALE) has refused to make any further payments to Beny Steinmetz Group Resources (BSGR), its partner in the Simandou iron ore project in

Will Simandou settlement kickstart Guineas iron ore

Will Simandou settlement kickstart Guineas iron ore

Apr 10, 2019We want to look towards the future, he said. The country has recovered one of the most important iron ore deposits in the world. Rio Tinto holds 45% of Simandou blocks 3 and 4, Chinas state owned Chinalco has 40% and the government the remaining 15%.

Vale on arbitration award related to Simandou

Vale on arbitration award related to Simandou

Apr 09, 2019Rio de Janeiro, April 9th, 2019 Vale S.A. ("Vale") announces that, on April 5, 2019, it received an award from an arbitral tribunal in London in the amount of US$1.246 billion plus costs and interest against BSG Resources Limited (BSGR), for fraud and breaches of warranty by BSGR in inducing Vale to enter into a joint venture to develop a concession for mining iron ore in the

Iron Mine on Simandou Mountain Range, Mine de Fer, Guine

Iron Mine on Simandou Mountain Range, Mine de Fer, Guine

[3bis]Simandou Iron Ore Project, Guinea, Mining Technology [click to view] [2bis] Guine plainte contre une socit minire pour une rpression meurtrire en 2012, Rfi Afrique, Septembre 2018 [click to view] [3] Guinea government to strip Vale, BSGR of all Simandou rights, April 17, 2014 [click to view]

Why Simandou Is Important For Vale   Vale S.A. (NYSEVALE

Why Simandou Is Important For Vale Vale S.A. (NYSEVALE

Mar 23, 2014Amidst legal tussle, the Simandou iron ore project is important to Vale for a couple of reasons High grade iron ore. Goldman Sachs has forecasted that iron ore prices will fall to

Rio Tinto sues Vale over Simandou iron ore mine

Rio Tinto sues Vale over Simandou iron ore mine

May 01, 2014Rio Tinto sues Vale over Simandou iron ore mine. May 1, Zenith offloads iron project to focus on lithium since the only other comparable source is Vale's own Carajas Iron Ore

Exclusive Chinalco proposes taking entire Guinea Simandou

Exclusive Chinalco proposes taking entire Guinea Simandou

May 15, 2017Chinalco has asked Guinea to let it take over the whole of the troubled Simandou iron ore mine project, sources familiar with the matter say, as Beijing pursues a

Report BSGR, Vale should be stripped of Simandou rights

Report BSGR, Vale should be stripped of Simandou rights

Guinean panel says rights to rich iron ore deposit were obtained through corruption. Asia; Advertise. Report BSGR, Vale should be stripped of Simandou rights. from the massive $20 billion

Rio Tinto agrees $1.3bn sale of Simandou stake to Chinalco

Rio Tinto agrees $1.3bn sale of Simandou stake to Chinalco

Oct 28, 2016Rio Tinto announced on Friday it had agreed to sell its stake in the giant Simandou iron ore project in Guinea for up to $1.3bn to Chinalco, in a deal that could see the Chinese group take on

Vale drops Guinea's Simandou from iron ore project list

Vale drops Guinea's Simandou from iron ore project list

The Zogota iron ore mine was referenced in Vales 2012 results, with the miner noting that the projects scope and schedule were under review. The miner did not mention its second Guinean interest, blocks 1 and 2 of the multi billion tonne Simandou iron ore reserve

Rio Tinto forges ahead with Simandou, the world's largest

Rio Tinto forges ahead with Simandou, the world's largest

May 17, 2016Rio Tinto (LON, ASXRIO), the worlds second largest mining company, is moving ahead with its massive Simandou iron ore project in Guinea by submitting feasibility studies to the countrys

BSG ordered to pay Vale $1.2bn over Simandou

BSG ordered to pay Vale $1.2bn over Simandou

An arbitral tribunal in London has ordered BSG Resources (BSGR) to pay Brazilian miner Vale $1.25 billion plus costs and interest in a case relating to the Simandou iron ore concessions in Guinea.

BSG ordered to pay Vale $1.2bn over Simandou

BSG ordered to pay Vale $1.2bn over Simandou

An arbitral tribunal in London has ordered BSG Resources (BSGR) to pay Brazilian miner Vale $1.25 billion plus costs and interest in a case relating to the Simandou iron ore concessions in Guinea.