New mines minister regains control of Simandou iron ore project. Appointed last week, Bouna Sylla has established himself as a key player in this major iron ore project. A shrewd negotiator who is well known in government …
Guinea's ruling junta has signed an agreement with Rio Tinto and its partners, after settling infrastructure disputes, to restart activities at the Simandou iron ore deposit, reported Reuters.. Guinea Mines Minister Moussa Magassouba was cited by the news agency as saying on state television that the framework agreement had been signed between the government …
Boasting underexplored acreage with untapped critical mineral reserves, Equatorial Guinea has issued a call for mining-focused investments. Equatorial Guinea – one of Africa's leading oil and gas producers – has called …
This offer is open to all new subscribers and runs until 06/09/2024. Read also. Guinea Mines minister not invited to latest Simandou meeting. Guinean Minister of Mines, Moussa Magassouba, did not attend the last meeting on 17 June with the investors in the major iron mining proejct in Simandou. Mining 30.06.2022. Inner ...
The mining convention is anticipated to advance Equatorial's existing contracts with the rail and port agencies into final definitive commercial agreements and will complete all government approvals required to develop and mine the project. Equatorial noted that Mayoko-Moussondji is anticipated to contribute significantly to ROC's economy ...
The Ministry of Mines and Hydrocarbons of the Republic of Equatorial Guinea has introduced an open door policy and invites all national and international oil and gas companies to participate in the new licensing process through direct negotiation with the State. ... The Ministry of Mines and Hydrocarbons maintains a comprehensive database ...
In doing so, Equatorial Guinea intends to fully tap into its minerals potential, especially in the Rio Muni area, which is highly prospective in minerals such as gold, diamonds, base metals, iron ore and bauxite. READ MORE: Equatorial Guinea inks MoUs to boost oil and mining exploration
Equatorial Guinea's mineral potential According to the materials published by the Ministry of Mines and Hydrocarbons, Equatorial Guinea hosted gold and iron production in pre-colonial times, but there are no records of any …
The Simandou project in West Africa has some of world's richest iron ore deposits. ... The company has agreed to a pact with the Guinea government for building a rail line. ... Rio Tinto consortium agrees rail deal for iron ore mine in Guinea. The Simandou project in West Africa has some of world's richest iron ore deposits. Bloomberg. 13 ...
Rio Tinto has failed to receive funding from Chinalco Iron Ore Holdings, its agreed partner, for one of the world's largest untapped iron ore deposits, Simandou. Despite agreeing to a joint partnership in the mining project in 2010, Rio Tinto has spent more than $500m while the Chinese company has made no funds available, sources close to the matter told Reuters.
Equatorial Guinea's Ministry of Mines and Hydrocarbons (MMH) has signed five mining contracts, marking the first mining contracts signed by the country in its ... the Ministry of Mines and Hydrocarbons had published a new regulatory framework for mining operations in the country. The new regulation applies to all exploration and exploitation ...
Equatorial Guinea, country located on the west coast of Africa. It consists of Río Muni (also known as Continental Equatorial Guinea), on the continent, and five islands (known collectively as insular Equatorial Guinea): Bioko (formerly Fernando Po), Corisco, Great Elobey (Elobey Grande), Little Elobey (Elobey Chico), and Annobón (Pagalu).
Rankings open close. Jurisdictions . ... Equatorial Guinea – New Mining Legal Framework (June 2020) ... Further to the entering into force of the new Mining Law, approved by Law 1/2019, of 29 November 2019 ("NML"), the Ministry of Mines and Hydrocarbons ("MMH") has now enacted the Regulations for the Mining Operations (Regulations 1/ ...
As a result, African countries such as Equatorial Guinea are harnessing opportunities to create local industry around the exploration and production of minerals, which could help meet growing demand for clean energies. In 2019, the Ministry of Mines and Hydrocarbons held its first public tender for mining acreage in the country.
Jindal Steel & Power (JSPL) plans to invest $600m in the development of the El Mutun iron ore mines in Bolivia over the next six months.. The investment is part of the firm's $2.1bn project, which will be fully commissioned over the next eight years.
In signing first contracts, Equatorial Guinea aims to exploit resources in the highly prospective Rio Muni region, which contains gold, diamonds, base metals, iron ore and …
Anglo-Australian mining giant Rio Tinto is poised to commence a $20bn mining project in West Africa's Simandou mountains following a delay of nearly 27 years, the Financial Times reported.. The project, which encompasses iron ore extraction, rail and port development in south-eastern Guinea, is touted as one of the world's most significant mining ventures.
Lagos — Boasting under explored acreage with untapped critical mineral reserves, Equatorial Guinea has issued a call for mining-focused investments.
The Ministry of Mines and Hydrocarbons of the Republic of Equatorial Guinea represented by H.E. Mr. Antonio Oburu, the Minister, has introduced an open door policy and invites all national and international oil and gas companies, as well as mining companies, to participate in the new licensing process through direct application and negotiation with the State.
Equatorial Guinea's ministry has signed five mining contracts with three different companies. Among those include one gold exploration contract in Block I with Manhattan Mining Investment.
K92 Mining has started expansion work at its Kainantu Gold Mine in Papua New Guinea, with plans to double production from 200,000t to 400,000t per annum. Based on a preliminary economic assessment completed in January this year, the total capital expenditure for this year is projected to be $30m.
Boasting underexplored acreage with untapped critical mineral reserves, Equatorial Guinea has issued a call for mining-focused investments. Equatorial Guinea – one of Africa's leading oil and gas producers – has …
Equatorial Guinea's Ministry of Mines and Hydrocarbons (MMH) has reportedly signed five mining contracts for the first time in its history. This followed the heels of the conclusion of the country's inaugural mining bidding round last year. The contracts have been signed with three different companies, which include one gold exploration contract in Block I with Manhattan …
China Baowu Steel Group (Baowu) has secured 10bn yuan ($1.4bn) through a bond issue, a major chunk of which will be used to fund the Simandou iron ore project in Guinea, according to a Reuters report.. The …
A mining executive in Guinea told me, "Diamonds you can carry away from the mine in your pocket. With iron ore, you need infrastructure that can last decades." Rio Tinto angrily protested the ...
Guinea Agrees to Resume Simandou Iron Ore Project With New Infrastructure Pack - China's Aluminum Corp. and Weiqiao Pioneering agree to join other developers of giant iron ore reserve in $15 billion infrastructure …
Harmony Gold Mining Company Limited has received regulatory approval from South African authorities for its acquisition of the Hidden Valley mine in Papua New Guinea. With this approval, Harmony's acquisition of 50% stake in Hidden Valley and the surrounding tenement package has been completed.
Sa204 Grade C Steel Plate Chemical Composition Equatorial Guinea signs its very first mining contract. May 18,2020 · EQUATORIAL GUINEA The Ministry of Mines and Hydrocarbons has …
Rio Tinto on Wednesday brought forward the start of production from its giant Simandou iron ore project in Guinea to 2025 with plans to spend about $6.2-billion including on port and rail ...
Equatorial Guinea's Ministry of Mines and Hydrocarbons signed its first mining contracts with three international companies on Monday for the exploration of mineral resources in the Rio …
Magnetite Mines and the council will carry out preliminary planning for future green iron production in Port Pirie, and engage with community and First Nations. Furthermore, the parties with assess potential partnerships including international steel producers and hydrogen suppliers to support the future green iron industry in Port Pirie.
Equatorial Guinea's Ministry of Mines and Hydrocarbons has signed the very first mining contracts in the Central African country's history. A total of five mining contracts were signed with three different companies and follow the conclusion of the country's first mining bidding round last year, EG Ronda 2019 .
BEIJING, China, July 2, 2019/APO Group/ -- EG Ronda Licensing Round Roadshow in China was met with tremendous success as over 100 Chinese investors participate and discuss investment in oil, gas and minerals with the Ministry of Mines and Hydrocarbons' delegation ; H.E. Gabriel Mbaga Obiang Lima thanks Chinese Embassy in Equatorial Guinea, African Energy …
5. Northshore-Peter Mitchel Mine. Owned by Cleveland-Cliffs, the Northshore-Peter Mitchel Mine is a surface mine located in Minnesota. It produced an estimated 3.8 MTPA of iron ore in 2020. Methodology: This information is drawn from GlobalData's mines and projects database, which tracks all operating and developing mines and projects globally.
In doing so, Equatorial Guinea intends to fully tap into its minerals potential, especially in the Rio Muni area, which is highly prospective in minerals such as gold, …
Equatorial Guinea is a small country on the west coast of Africa which struck oil in 1995 and which is now being cited as a textbook case of the resource curse - or the paradox of plenty.
