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Guinea, Liberia
Rattled Nimba iron project shareholders launch charm offensive in Liberia

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“Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production”
Guinea

Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production

Guinea, which has some of the biggest unexploited iron ore deposits in the world in its south eastern corner, is also one of the countries in which they are the most difficult to bring into production, principally because of the absence of infrastructures to evacuate the ore. Société Minière de Boké, which has the rights to the northern part of the Simandou project, still believes in its project, however, and this could serve to encourage its neighbours in the southern part, Rio Tinto and Chinalco. Two other nearby iron ore bodies have also attracted the leading figures of the international mining sector, Nimba and Zogota. All this seems to be attracting new investors to adjoining exploration permits. [...]
The Canadian mining magnate Robert Friedland, who is also the chief executive of Ivanhoe Mines.
The Canadian mining magnate Robert Friedland, who is also the chief executive of Ivanhoe Mines. © Rodrigo Garrido/Reuters
Robert Friedland's group, which operates the Nimba iron ore project in Guinea, has launched a website extolling its activities in Liberia to show the country that it can boost its economy. It is rattled by a new agreement between ArcelorMittal and Monrovia. [...]
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Read this article in our running story
“Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production”
Guinea

Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production

Guinea, which has some of the biggest unexploited iron ore deposits in the world in its south eastern corner, is also one of the countries in which they are the most difficult to bring into production, principally because of the absence of infrastructures to evacuate the ore. Société Minière de Boké, which has the rights to the northern part of the Simandou project, still believes in its project, however, and this could serve to encourage its neighbours in the southern part, Rio Tinto and Chinalco. Two other nearby iron ore bodies have also attracted the leading figures of the international mining sector, Nimba and Zogota. All this seems to be attracting new investors to adjoining exploration permits. [...]

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Guinea, Liberia
Guinea and Liberia iron ore rail projects suffer setbacks

Guinean president Mamady Doumbouya has ordered a review of the rail and port infrastructure plans associated with the Simandou iron ore project, thereby delaying the start of the railway's construction. Liberia is also taking another look at plans for ArcelorMittal's rail line to transport ore through its territory.

LogoSubscribers only Infrastructure, Mining 24.12.2021

Guinea, Liberia
Nimba iron: SMFG still waiting for ArcelorMittal to get on the right track

Having completed the pre-feasibility study for its Nimba iron ore project in Guinea, SMFG has now finalised nearly all aspects for the project's advancement, except for one key issue: the transportation of its future output by train on ArcelorMittal's rail track, which will be needed to get its shipments to buyers.

LogoSubscribers only Infrastructure, Mining 17.11.2021

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