Mines de Simandou : Une Ong exprime des inquiétudes ! AFRICA N JUILLET 2019 5 GUINÉE Le pays recherche des développeurs pour la mine de fer de Simandou La Guinée a lancé un appel d’offres international pour les blocs 1 et 2 de Simandou, offrant aux entreprises jusqu’au 2 août pour Le mont Kakoulima 1011 mètre. Operators of all four blocks will need to cooperate for the project to make progress, Li said, and should take political factors into consideration to reduce risks. The trouble with exporting ore has made the asset less attractive to buy, as shown by the collapse last year of a planned sale of Rio’s stake to its Chinese partner. For more than a decade, it has been the center of a bitter dispute that includes Vale SA and Israeli mining tycoon Beny Steinmetz. Poised for Vaccine, Outbreak Set to Worsen: Virus Update, Water Futures to Start Trading Amid Growing Fears of Scarcity, Stocks Slide as Pound Drops on Brexit Deadlock: Markets Wrap, Sequoia Capital Warned of a ‘Black Swan.’ Instead, 2020 Is One of Its Best Years Ever. Simandou is a 110-kilometre-long (68 mi) range of hills located in the Nzérékoré and Kankan regions of southeastern Guinea, in the country's mountainous, forested Guinée Forestière region. AFRICA BULLETIN NOVEMBRE 2019. Earlier this year, Steinmetz and Guinea agreed to end their dispute in a deal that’s led mining dealmaker Mick Davis to try and develop a project there. CBG Expansion Project, Kamsar, Région de Boké/Guinea. Alpha Ibrahima has 5 jobs listed on their profile. They were then stripped from the Israeli billionaire in 2014. The remaining two southern blocks are controlled by Rio Tinto and a group of Chinese investors led by steelmaking giant Baowu. Alpha Condé became in 2010 the first democratically elected President of his country. An agreement to sell the project collapsed last year, and Rio now appears increasingly committed to finding a way to build it. Part of the deposit’s allure is that it contains some of the highest quality ore, a product in high demand from steelmakers as it’s less polluting. 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. Executives were sent to inspect the new blocks in October, environmental impact work was done, and in November the company inked deals with the Guinea government regarding construction of ports and railways. Superintendant des affaires communautaires du projet Simandou Rio Tinto December 2007 – August 2016 8 years 9 months. Cover Story: Stalled Guinea Project Highlights China’s Struggle to Reforge Iron Ore Supply Chain. The Simandou project in the West African state of Guinea holds the the world’s largest known untapped reserve of iron ore. Caixin China Biz Roundup: Mounting Debt and Fiery Disputes – Behind Danke’s Drama, Gallery: Shanghai Coffee Shop Offers Service in a Furry, In 165 countries, China's Beidou eclipses American GPS, In Depth: Beijing’s Biodegradable Plastic Push Hit by High Costs, Capacity Crunch, Cover Story: The Fight Over China’s Law to Protect Personal Data, In Depth: China’s Digital Currency Ambitions Lead the World, Container Shortage Shows China’s Export Dominance During Pandemic. 21721 0 Share Simandou has caused much trouble for Rio -- the company is subject to criminal probes, two executives were dismissed over payments and it’s still refusing to pay bonuses to its former chief -- but the potential riches are too high to easily walk away from. Simandou deposit in Guinea to be developed by China-backed consortium The consortium comprises Chinese, Singaporean, Guinean and French interests, and will embark on a project to develop 650 kilometres of railway infrastructure – Transguinéen – as well as a deep-water port in Matakong to transport the iron ore across the country. The Manager is responsible for coordinating and evaluating the performance of the HSE Field Supervisor teams. At the time, Rio used the resource to argue that the company was undervalued. Conakry (Guinea), November 12, 2020 – The projects having been approved by the Council of Ministers of the Government of the Republic of Guinea, and on behalf of the Guinean government, the Ministers in charge of Mines, Budget and Transport have officially signed … Projet Simandou 1 et 2 / « On a abandonné le projet pour essayer de le faire revivre maintenant, sur fond de corruption encore une fois », déplore Faya Milimono du BL Après trois mois passés à l’extérieur du pays, Dr Faya Milimono, président du Bloc Libéral (BL), a regagné la capitale guinéenne, ce jeudi 25 juillet 2019. Contact reporter Lu Yutong (yutonglu@caixin.com) and editor Gavin Cross (gavincross@caixin.com). All Rights Reserved. That stake was taken over by Baowu in June. Efforts to develop the world’s largest known untapped iron ore reserve in West Africa have stalled once more, with a top engineering consultant on the project telling Caixin the Chinese-Singaporean consortium that bought into the Simandou project in June has not substantially invested in it. (Français) Vidéo - Le Projet Simandou. 27 June 2020 (Français) Guinée : l’Assemblée Nationale donne le feu vert à SMB-Winning pour exploiter Simandou, un projet à 15 milliards $ 09 June 2020 ... 06 December 2019 (Français) Vidéo - Ismaël Diakité, AIFA. Apr 2019 – Jul 2019 4 months. The government has long insisted the track is essential for national development. About SMB-Winning Consortium. But he added that such coordination would not be easy. In 2019, the project achieved a significant milestone ... Rio Tinto and Chinalco, which own 45.05% and 39.95% of Simandou, respectively, continue to work with the government of Guinea to explore options to realise value from the world-class Simandou iron ore deposit. The deposit came to prominence in 2007 as Rio fought off a hostile takeover bid from larger rival BHP Group. The government of Guinea owns a 15% stake in the project. But with more than 10 stakeholders in the project including the Chinese and Guinean governments, pre-construction work will take a long time, and the consortium has yet to put in any “substantial investment,” according to Li Xinchuang, an expert at the China Metallurgical Industry Planning and Research Institute. The Simandou project in the West African state of Guinea holds the the world’s largest known untapped reserve of iron ore. ... equivalent to 7% of global production in 2019. ... Sécurité et Environnement sur le projet Simandou tout entier. L'une des montagne qui font du paysage de Dubreka, un lieu magique. Download our app to receive breaking news alerts and read the news on the go. Their buy-in has not yet provided much new momentum to a project that has seen little progress over the past two decades, mired in complex political and mining rights disputes, concerns over costs and pressure from industry rivals. Read more
Company is working on new plans to see if the mine is viable, Simandou is the world’s richest undeveloped iron ore mine. Have a confidential tip for our reporters? Yet within a year, Rio was stripped of half its rights to the deposit and they were handed to Steinmetz. The company all but shelved the project three years ago, so much of the work is based around updating its old plans. Guinée. He Investigate high-potential incidents. 13 November 2019 The Kamoa-Kakula Copper Project — a joint venture between Ivanhoe Mines (39.6%), Zijin Mining Group (39.6%), Crystal River Global Limited (0.8%) and the Government of the Democratic Republic of Congo (20%) — has been independently ranked as the world's largest, undeveloped, high-grade copper discovery by international mining consultant Wood Mackenzie. The miner has been exploring the asset since the 1990s, attracted by a resource that’s now estimated at more than 2 billion tons. The project is massive in scale: Rio Tinto in 2016 estimated that tapping its blocks could require investment of $18 billion, and SMB-Winning expects it would need to spend $14 billion on the northern two blocks. Cover Story: Stalled Guinea Project Highlights China’s Struggle to Reforge Iron Ore Supply Chain, Rio Tinto, Chinalco Progress on Long-Delayed Guinea Iron Ore Project, Participation of Indian Prime Minister Narendra Modi in the 5th Eastern Economic Forum Discussed in Moscow, Get exposure for your startup at RISE 2020, CreditEase’s Tang Ning: China’s Wealth Management Market is Undergoing Five Major Shifts, Meet 5 of the best startups selected to represent China at the largest technology event in Asia. Since SMB-Winning secured the northern half of the project’s four blocks of mining rights in government bidding this June, it has released a steady stream of press releases about its progress there. Billionaire mining investor Robert Friedland is in talks with BHP about taking control of another asset that has sat dormant for years. Among those involved, Li said the Chinese and Guinean governments are most motivated to push things forward, and best positioned to help myriad participating banks and market buyers reach consensus on details. Still, there are huge challenges to navigate. The work also focuses on how to export material out of the country, they said. projet Simandou est une source importante de création d’emplois et de revenues, l’émergence et la réalisation de ce projet est crucial ... la consultation de 2019 au titre de l’article IV et du sixième et dernier examen du programme de réforme économique de Madagascar . du 13 juillet 2019 portant ouverture de l’appel d’offres pour l’attribution d’un titre minier sur les gisements de minerai de fer des Blocs I et II de Simandou, la This biodiversity hotspot is forecast to produce 95 million tonnes of iron ore for export annually, potentially doubling the GDP of the … Copyright © 2019 Caixin Global Limited. Simandou is one of the world’s biggest untapped mineral deposits, but has a controversial past. Rio Tinto is also in touch with multiple companies seeking to share infrastructure, the company’s CEO Jean-Sébastien Jacques said at a press conference on Monday. The second-largest miner has rehired consultants to work with its own team to study how the mine can be developed, said the people, who asked not to be identified because the matter is private. View Alpha Ibrahima DIALLO’S profile on LinkedIn, the world's largest professional community. The biggest is that under Rio and Chinese partner Aluminum Corp. of China’s original agreement with Guinea, the company committed to building a $12 billion rail line across the country, more than doubling the mine development cost. Rio’s latest work on the project could also make it easier to sell should it decide against development. 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. Rio Tinto has been a stakeholder since 1997, and the Chinese partners joined in 2010 when a Chinalco-led group acquired a stake in the Rio Tinto unit associated with Simandou. Yet there’s renewed interest in the country. Any updated plan to develop the mine must be agreed with Chinalco and the government. Guinea has some of the world’s richest iron ore deposits, but has never exported anything. La Convention de base du projet d’exploitation du gisement des blocs 1 et 2 du Simandou a été promulguée par le Décret No D/2020/143/PRG/SGG du 3 juillet 2020, après l’adoption par l’Assemblée Nationale (par la loi L/2020/004/AN du 26 juin 2020). En Francais ci-dessous ----- Simandou iron deposit in South-West Guinea is well-known for the decades of a corruption saga, documented by the foreign press and discrediting mining multinationals and Guinean former political leaders.
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