Fortescue, SMBWinning go headtohead to develop Guinea's ...

Oct 04, 2019· Australian miner Fortescue and Guinea's biggest bauxite exporter SMBWinning are the last two companies in the running for the rights to develop blocks 1 and 2 of Guinea's Simandou iron ore ...

Get Price

Simandou Port Development | Ausenco

The Simandou Project, located in the Republic of Guinea, provides access to one of the world’s largest untapped high grade iron ore resources. It has the potential to make Guinea one of the world’s top iron ore exporters and comprises: A worldclass iron ore deposit with estimated reserves of over 2 billion tonnes grading % Fe, designed ...

Get Price

Guinea seeks developers for Simandou iron ore deposit

Jul 22, 2019· CONAKRY, July 22 Guinea has launched an international tender for blocks 1 and 2 of Simandou, giving companies until Aug. 2 to outline their bids, …

Get Price

Rio Tinto/Chinalco Simandou iron ore project back to ...

Oct 29, 2018· Although the infamous Simandou iron ore project in Guinea remains the largest integrated iron ore mine and infrastructure project in Africa should it ever be developed, this now seems more unlikely than ever. A nonbinding heads of agreement, originally signed on 28 …

Get Price

Rio Renews Work on Simandou as Iron Mountain Too Good to ...

Jun 20, 2019· Rio Tinto Group is looking at new ways to develop the giant Simandou iron ore deposit in Guinea that it almost sold last year, according to people familiar with the matter. Simandou …

Get Price

GUINEA : Is Liberia the solution to Rio Tinto and Chinalco ...

Simandou iron ore evacuations options. ©Africa Mining Intelligence/Indigo Publications Not wanting to have infrastructure costs cut into the profitability of their Guinean iron ore deposit Simandou, Australian mining giant Rio Tinto and China's Chinalco are in talks to sell the site's first output ...

Get Price

How the Iron Ore Market Works (VALE, RIO)

Sep 23, 2019· Iron ore prices pretty much collapsed over the past few years, done in by oversupply and declining demand. But in 201819, prices have seemed to …

Get Price

Guinea delays deadline in Simandou ironore deposit tender

Guinea 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 ...

Get Price

Fortescue confirms Simandou iron ore bid Fortescue ...

Oct 07, 2019· Fortescue Metals (OTCQX:FSUMF) confirms its interest in part of the giant Simandou iron ore deposit, which was handed back earlier this year …

Get Price

Rio Tinto renews work on Simandou iron ore project in ...

Jun 21, 2019· Rio 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.

Get Price

Guinea seeks developers for Simandou ironore deposit

Guinea'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 some of the problems ...

Get Price

Simandou Wikipedia

Simandou is a 110kilometrelong (68 mi) range of hills located in the Nzérékoré and Kankan regions of southeastern Guinea, in the country's mountainous, forested Guinée Forestière region. At the southern end of the range the site of a large iron ore deposit is currently being developed.

Get Price

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 licenceholder of the Simandou iron ore project.

Get Price

Guinea seeks developers for Simandou iron ore deposit ...

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

Get Price

Simandou Rio Tinto

About Simandou About Simandou. 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

Wealth of iron ore in Guinea’s Simandou buried by ...

Oct 02, 2015· Simandou 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

Fortescue Metals still in race for Simandou deposit

Once wholly owned by Rio Tinto, Simandou is tipped as the world’s biggest undeveloped iron ore project, holding more than 2 billion tonnes of some of the highestgrade iron ore available, with ...

Get Price

Guinea delays deadline in Simandou iron ore deposit tender

GUINEA 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.

Get Price

Guinea opens tender for Simandou iron ore blocks: report ...

A spokesman for Niron Metals PLC, a Londonbased investment vehicle owned by mining entrepreneur Mick Davis, former CEO of Xstrata, told Platts Tuesday that it is proceeding with a feasibility study with a view to later developing Zogota, a highgrade iron ore deposit situated alongside Simandou, via an accord with the government of Guinea.

Get Price

Australia's Fortescue confirms bid to develop Guinea iron ore

Oct 07, 2019· MELBOURNE (Reuters) Australia’s Fortescue Metals Group confirmed on Monday that it has submitted a bid to develop two blocks in the giant Simandou iron ore deposit in Guinea.

Get Price

Fortescue confirms bid for vast Simandou iron ore deposit ...

Oct 07, 2019· At two billion tonnes of iron ore with some of the highest grades in the industry, Simandou is one of the world’s biggest and richest reserves of the steelmaking material, but it has a ...

Get Price

FMG confirms Simandou interest

FMG confirms Simandou interest FORTESCUE Metals Group has confirmed reports it is bidding for half of Guinea’s massive Simandou iron ore deposit. Simandou in Guinea is estimated to be one of the world's largest undeveloped iron ore deposit

Get Price

Iron Mine on Simandou Mountain Range, Mine de Fer, Guinée ...

Iron Mine on Simandou Mountain Range, Mine de Fer, Guinée Simandou ore deposits simoultaneously generate hope, disarray and concerns. Yet corruption, pollution and biodiversity loss leave little space for the local peasants' worries. ... Simandou Iron Ore Project, Guinea, Mining Technology [click to view] [2bis] ...

Get Price

Rio Tinto looks at developing Simandou again — report ...

Jun 20, 2019· Rio Tinto (ASX, LON: RIO) is mulling options to develop the giant Simandou iron ore deposit in Guinea, which almost sold last year to its partner in the project Aluminium Corp of China, or ...

Get Price

Rio Tinto Simandou: Exporting Iron Mountains (Part 1 of 2 ...

Jan 27, 2014· The Simandou Mountain Range in southeastern Guinea has one of the world’s largest untapped iron ore deposit. This biodiversity hotspot is forecast to produce 95 million tonnes of iron ore for export annually, potentially doubling the GDP of the Republic of Guinea.

Get Price

Rio Tinto says Guinea iron ore partner IFC to sell stake ...

Oct 10, 2016· Mining giant Rio Tinto said on Monday that the International Finance Corporation (IFC), a partner in its 20 billion Simandou iron ore project in Guinea, is selling its percent stake.

Get Price

Guinea’s Simandou deal opens new opportunities in the ...

Mar 18, 2019· Be on the lookout for investor moves on Simandou. But with the price of iron ore dropping from a high of more than 90 per tonne in late 2018 on concerns about demand in China, Guinean officials might have to remain patient in order to find investors with the longterm vision and deep pockets to develop Simandou.

Get Price

Fortescue to go headtohead for Simandou

Oct 05, 2019· Australian miner Fortescue and Guinea's biggest bauxite exporter SMBWinning are the last two companies in the running for the rights to develop blocks 1 and 2 of Guinea's Simandou iron ore ...

Get Price

Simandou mine Wikipedia

The Simandou mine is a large iron mine located in the Simandou mountain range of southern Guinea's Nzérékoré Region. Simandou represents one of the largest iron ore reserves in Guinea and in the world, having estimated reserves of billion tonnes of ore grading 65% iron metal.

Get Price

Guinea’s Simandou iron ore tender transparency called into ...

Aug 01, 2019· Guinea’s tender for part of the Simandou iron ore assets, given up by Israeli tycoon Beny Steinmetz earlier this year, is rekindling suspicions that the dice are loaded. The government, on 13 July, issued a tender for a smaller share of the Simandou iron ore …

Get Price

Simandou: Guinea Iron Ore Tender Likely To Be Opaque ...

Aug 05, 2019· The presence of Australian iron ore giant Fortescue Metals Group’s (FMG) chairman, Andrew Forrest, who in a video appeared to sign the MoU, has set off speculation that the company is the frontrunner for the Simandou blocks. FMG has denied that it signed the MoU, claiming Forrest was present in a philanthropic capacity.

Get Price

Will Simandou settlement kickstart Guinea’s iron ore ...

Apr 10, 2019· “We 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, China’s stateowned Chinalco has 40% and the government the remaining 15%.

Get Price

Simandou 1 Zogota iron ore mine | Wood Mackenzie

Sep 12, 2018· Simandou 1 Zogota iron ore mine Report summary BSGR has relinquished its rights to Simandou Blocks 1 and 2 but Niron Metals, a company associated with the owners of BSGR, has negotiated the right to develop the smaller Zogota deposit which lies in Guinea's south.

Get Price
Top