Guinea plans to require local refining of iron ore from the Simandou project. The $20 bln project involves Chinese firms, Baowu, and Rio Tinto. Aim is to create jobs and raise export revenues through ...
Iron ore prices climbed to a one-week high on Monday after Rio Tinto (NYSE: RIO; ASX: RIO) suspended operations at its Simandou project in Guinea following an incident that killed a contract worker at ...
Guinea’s ruling military junta has offered Rio Tinto and its Simandou iron ore partners lifetime tax discounts on key aspects ...
According to a report on Mining.com, Rio Tinto may be forced to invest heavily in building downstream facilities due to the Guinean military government's push for local processing of the giant ...
The giant iron ore development could be billions of dollars more expensive if the African country pushes ahead with demands ...
Rio Tinto (ASX, LSE: RIO) and its partners in Guinea’s Simandou iron ore project have reportedly secured corporate tax ...
CONAKRY (Reuters) - Guinea's government approved on Thursday a basic agreement for the development of its giant Simandou iron ore project by a consortium representing Chinese, French and Singaporean ...