Boom

Zogota, a nearby iron ore deposit owned by former Xstrata boss Mick Davis' Niron Metals, has already negotiated an agreement to export through Liberia. But Nimba …

If it is true that BSGR paid nothing for the mine, then the $500 million received and the prospect of a further $2 billion represented immense profits for BSGR -- even if one takes into account a reported $160 million investment by BSGR into Simandou blocks 1 and 2 and an additional Guinean mine called Zogota.[14] If Guinea had received Vale ...

Sesa Goa, a subsidiary of Vedanta Resources, on Saturday said it will buy 51% stake in an iron ore making firm in Liberia for $90 million in an all-cash deal. …

In April 2010, Vale announced it would invest in Guinea's Simandou, which will be the largest integrated iron ore mine and infrastructure project ever developed in Africa. Simandou's first phase involves the development of the Zogota mine, with a dry processing plant, a dedicated railroad and a maritime terminal in the coast of Liberia, as ...

The Liberian government said that it will start discussions with the steelmaker. "Feasibility studies will be available in three to six months," according to a statement released on Tuesday by Guinea's Mining and Geology Ministry after a visit by Mining Minister Abdoulaye Magassouba and Niron Metals officials to Zogota last week.

As part of the deal Davis stepped in to develop the Zogota iron-ore mine, but its economic viability has always rested on shipping out via neighboring Liberia using existing infrastructure.

Global Atlas of Environmental Justice. Exploitation de minerai de fer sur le mont Nimba, Guinée. Près des mines de minerai de fer de Simandou, Zogota, Yekepa, le site du patrimoine mondial transboundaire de l'UN à Mount Nimba est menacé par une mine de minerai de fer à ciel ouvert appartenant à une firme canadienne à haute …

Vale filed its damages claim at the LCIA several years ago after being stripped of the rights to develop part of the Simandou iron ore deposit and the Zogota concession in 2014.

Vale Friday announced it has acquired from BSG Resources Ltd. (BSGR), a 51 percent interest on BSG Resources (Guinea) Ltd., which indirectly holds iron ore …

The acquisition will give Vale access to properties with high-quality iron reserves that include the Simandou South property known as Zogota as well as exploration blocks Simandou North 1 and 2 ...

Ya sea utilizando el ferrocarril Liberian a Buchanan Port o alternativamente expandiendo el ferrocarril para conectar NIMBA, Zogota y Simandou y vincularlo a un puerto guineano. [15]. société Minière de Boké, que tiene los derechos de la parte norte del proyecto Simandou, todavía cree en su proyecto, y esto podría servir para alentar a ...

Zogota is a much smaller project — its annual production would be about 2m tonnes a year — and its iron ore would be exported via a shorter and cheaper route through Liberia, said people ...

Zogota, a nearby iron ore deposit owned by former Xstrata boss Mick Davis' Niron Metals, had already negotiated an agreement to export through Liberia. But both Nimba and Zogota still need to ...

5/9/2016 Vale acquires Simandou iron ore assets 4/3012010 ... The joint venture established by Vale and BSGR will implement the Zogota project and conduct a feasibility study for Blocks 1 creation of a logistics corridor for shipment through Liberia. In order to be granted the right to ship through Liberia, the joint ve ...

Niron believes that the Zogota deposit, located in southeastern Guinea, can be brought into production on an accelerated timetable. It had been envisaged that the mine would be connected to a port in neighboring Liberia via rail, allowing for the export of the ore. Talks are focused on the creation of an effective mining partnership between ...

Rio de Janeiro, April 30, 2010, Vale S.A. (Vale) announces it has acquired from BSG Resources Ltd. (BSGR), a 51% interest Resources (Guinea) Ltd., which indirectly holds …

Your daily foray into Africa's circles of power. Africa Intelligence brings you exclusive coverage of the major political, economic and diplomatic issues at stake on the African continent, identifying power …

Engineering News Online provides real time news reportage through originated written,video and audio material. Each week,an average of 240 899-page impressions are generated by over 64 719 online ...

Zogota, a village located in the forested zone of Southern Guinea, is the site of a rich deposit of iron ore. Just after midnight on 4 August 2012, Guinean security forces entered the community, firing wildly. They killed six villagers, wounded several others, burned homes, and stole personal property.

High Power Exploration (HPX), the mining company owned by billionaire Robert Friedland, is drastically reducing its activities and its workforce.More than 300 of HPX's 600 or so employees are being laid off, particularly at its London headquarters, or put on "technical leave", mainly in Guinea and Liberia, where they had been working …

Mining luminary Mick Davis's new company Niron Metals on Monday expressed the belief that the development of the Zogota iron-ore endowment in Guinea had the potential to unlock the country's ...

Israeli Billionaire Steinmetz's BSGR Settles Guinea Row, Looks to Zogota Iron Ore. Development 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 ... is to export the iron ore through Liberia and use the existing iron ore rail infrastructure ...

A few weeks later, a London arbitral court told BSGR to pay $1.2 billion to Vale, its former partner Guinea, due to "fraud and breaches of warranty" in inducing the Brazilian miner to enter ...

Guinea has said ore from Zogota can be shipped using a Liberian route. Those involved in Zogota have said activity around the smaller, more manageable project could help to release the deadlock ...

The Zogota project, where mining giant Vale has already spent hundreds of millions of dollars, could be brought on quickly and relatively cheaply. ... The Liberian government has said that it will ...

The joint venture established by Vale and BSGR will implement the Zogota project and conduct a feasibility study for Blocks 1 & 2 with the creation of a logistics corridor for shipment through Liberia. In order to be granted the right to ship through Liberia, the joint venture is committed to renovate 660 km of the Trans-Guinea railway for ...

The reaction of New York real estate companies RFR Holding and Perfectus Real Estate Corp was swift. On 15 February, a day after Vale dropped its lawsuit against Beny Steinmetz in Britain's High Court in their dispute over Guinea's Simandou iron ore project, RFR and Perfectus each sent a letter to Southern District of New York judges. …

The acquisition will give Vale access to properties with high-quality iron reserves that include the Simandou South property known as Zogota as well as exploration blocks Simandou North 1 and 2 ...

However, the joint venture between BSGR and Vale (VBG) began mining the iron ore on the Zogota deposit, less than 150 kilometers south of the Simandou mountain range. In 2012, the inhabitants of …

Vale is still devising a plan to transport the Zogota iron ore that is produced before the railway link is finished, the senior executive said.