Equatorial Resources has agreed to acquire Companhia Rio de Ferro (CRF), a Singaporean private company that indirectly owns the Nimba Alliance iron ore project in Guinea. CRF owns of Gui-Appro, which holds the Nimba West permit covering about 300km2, and 56% of First Metal (FMS), which holds the Nimba North permit spanning …
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Guy de Selliers, Chairman of SMFG commented: " The Nimba Iron Ore deposit is renowned for its very high grade, as well as for its proximity to existing infrastructure. Bringing the Project's ...
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The government has approved a deal for private US company High Power Exploration (HPX) to acquire the 95% interest in the Nimba iron ore deposit held by BHP, Newmont Goldcorp and French nuclear power group Orano (the former Areva).HPX is run by Canadian mining magnate Robert Friedland and former Rio Tinto head of exploration …
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The Nimba iron ore project in Guinea said on Wednesday that a pre-feasibility study confirmed the mine's viability, but it expressed concerns about potential limitations on its railway access to ...
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This worried the Société des Mines de Fer de Guinée (SMFG), which operates the Nimba iron ore project in south-eastern Guinea. It plans to link up with ArcelorMittal's track to export its future production, and it saw the September deal as reducing its scope for negotiation with the firm (AI, 17/11/21 ).
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GUINEA : Forecariah forges ahead of Simandou and ...
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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 …
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Despite repeated attempts, management of the Société des Mines de Fer de Guinée (SMFG), the body operating the Nimba iron ore project in southeastern Guinea, has still not been able to talk to ArcelorMittal's people. The latter has failed to respond to requests for a meeting. ArcelorMittal, key to the Nimba project
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Ministers of Mines and Environment Visit the Nimba Iron Ore Project, Guinea. In a significant move highlighting the commitment to sustainable development and collaboration between government bodies and private enterprises, the Minister of Mines and Geology and the Minister of Environment and Sustainable Development recently made a joint visit ...
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Nimba Iron Ore Project, Guinea. n.d. [click to view] [6] UN Mission Report Mount Nimba. May 1993 [click to view] [7] UN World Heritage Centre - Mount Nimba Strict Nature Reserve. 2021 [click to view] [8] Foges, R. Flora and Fauna International, Bringing together unlikely partners to protect the Nimba Mountains. 12th July 2011 [click to ...
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The Nimba iron ore deposit holds round 1 billion tonnes of iron ore. The West African country is also host to the famed Simandou project, which Rio Tinto, Vale and billionaire Beny Steinmetz's ...
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The Nimba project is in the Guinean Nimba Mountains of south-eastern Guinea, on the borders with Liberia and Cote d'Ivoire. Nimba is a high grade, direct shipping ore (DSO) deposit. Owned by High Power Exploration (HPX), development of the Nimba project will be dependent on securing a viable transport infrastructure solution.
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Spotlight | Guinea Robert Friedland's Nimba iron ore dilemma. The US-Canadian financier bought the vast iron project four …
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Project Description. On March 12, 2021, MIGA issued guarantees totaling US$123.3 million to High Power Exploration (HPX) of the United States of America covering its equity and quasi-equity investments in (i) Société des Mines de Fer de Guinée SA (SMFG) in the Republic of Guinea and (ii) Euronimba Liberia Limited in the Republic of …
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West Africa-focused mining company Nimba Development Company (NDC) and the Government of Guinea have assumed full control of the Nimba Iron Ore Project …
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High Power Exploration Inc. (HPX) is a privately-held company focused on the development of the ultra-high-grade Nimba iron ore project in Guinea. For more information about the Nimba project, please visit the project page on the website of HPX's indirectly-owned subsidiary, Société des Mines de Fer de Guinée (SMFG), as well as the website ...
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Guinea and Liberia signed a deal on Friday to allow several mines in Guinea, including the giant Nimba iron ore project, to export through Liberia, officials from the two West African countries said.
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Nimba (Yekepa) iron ore mine. PDF 1.68 . Other reports you may be interested in. Asset Report Nimba (Yekepa) Phase 2 iron ore mine. 27 August 2024. Phase 2 may commence with the first production in late Q4 2024. $2,250. Asset Report Hamersley - Yandicoogina iron ore mine. 05 July 2024.
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"Nimba will be the first major iron ore exporter from Guinea," said Guy de Selliers, chairman of the Société des Mines de Fer de Guinée, the entity that owns Nimba, in an interview with the ...
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CONAKRY, REPUBLIC OF GUINEA – The Société des Mines de Fer de Guinée ("SMFG") is pleased to announce the launch of its website – – as of 28 August 2020. This site presents the main elements of the company's Nimba Iron Ore Project, a proposed iron-ore mine in the southeast of the Republic of Guinea.
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SDN is a Guinean-registered company with rights to develop the iron-ore assets adjacent to, but not intruding into, the Mount Nimba Strict Nature Reserve.
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Located in the south-east of Guinea, Nimba is estimated to hold about 1bn tonnes of iron ore, although HPX is only planning to mine about 500m tonnes, which it plans to export through neighbouring ...
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Following the identification of high-grade haematite in the Liberian Nimba Mountains in the mid-1950s, very close to the borders with Guinea and Cote d'Ivoire, a large, open-pit iron ore mine was constructed starting in …
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Nimba Development Co plans to produce 10 million tonnes of iron ore per year on its site and to export its production by railway to the Liberian port of Buchanan. …
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The deal did not eliminate the possibility that some of the iron ore produced at Nimba, in southeast Guinea, could be taken to port through Liberia - a much shorter route than the government's ...
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Alongside NDC, which has an 85% shareholding, the Government of Guinea holds the remaining 15% in SDN. NDC and the Government of Guinea have agreed to work together to advance the development of the Nimba Iron Ore Project and associated transport infrastructure so as to encourage responsible economic …
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Name of the Project Nimba iron-ore project.. Location Guinean Nimba mountains, in south-eastern Guinea, adjacent to the Liberian and Côte d'Ivoire borders. The proposed mine will be adjacent to ...
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MONROVIA – ArcelorMittal Liberia, the world's leading steel and mining company, says it is not threatened by Thursday's announcement by High Power Exploration(HPX) and the Sumitomo Mitsui Financial Group (SMFG) regarding positive results of its pre- feasibility study for the Nimba Iron Ore Project. HPX is a privately …
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Sunday Times reports (paywall) that BHP Billiton, which is shedding its non-core operations, is looking for a buyer for its Mount Nimba iron ore project in Guinea.
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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 ...
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