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May 03, 2014· BHP Billiton (NYSE:BHP) will face difficulty in exiting its Guinean iron ore project. In February 2014, BA Mineracao pulled out of talks to buy the BHP Billiton''s 40% stake in Mount Nimba .
Other companies, such as BHP Billiton and China Union, are now active too. China Union says it expects to start shipping ore soon. Aureus Mining, a Canadian company, hopes to start producing gold ...
Jan 15, 2014· Export through Guinea is also critical for the other Mount Nimba deposit owned by major miner BHP Billiton (LSE:BLT) and gold miner Newmont (). BHP has been in talks over its 40 percent stake in the deposit with mining venture BA Mineracao, cofounded by the former boss of Brazil''s Vale (SAO:VALE5) Roger Agnelli, over the last few months.
Jan 16, 2014· Export through Guinea is also critical for the other Mount Nimba deposit owned by major miner BHP Billiton and gold miner Newmont. BHP has been in talks over its 40 percent stake in the deposit with mining venture BA Mineracao, cofounded by the former boss of Brazil''s Vale Roger Agnelli, over the last few months.
(Sharecast News) BHP said it was returning to shareholders via a share buy back and special dividend using the proceeds from the sale of its US shale business. 1 Nov 18 07:55 BHP ...
Aboubacar Sampil, president Alpha Conde''s halfbrother and member of the board of Sable Mining (now Consolidated Growth Holdings) a company accused in 2016 by NGO Global Witness of making bribes to pick up permits in the Nimba mountains, seems to have turned away from iron but not mines.
With little or no other infrastructure available, negotiating access to the railway is essential for profitable mining at current iron ore prices. For BHP Billiton, selling out of Mount Nimba ...
RNS Number : 3957U Sable Mining Africa Limited 29 July 2015 Sable Mining Africa Ltd / Index: AIM / Epic:... | July 29, 2015
Apr 11, 2014· Aside from Sable Mining, export through Guinea is also critical for the other Mount Nimba deposit owned by major miner BHP Billiton and gold miner Newmont. Brazilian mining firm BA Mineracao recently pulled out of talks to buy BHP Billiton''s stake in Mount Nimba amid questions over Guinea''s political stability and whether the government will ...
One of the key permits Sampil had applied for during the election campaign—when he was soliciting bribe money from Sable—came through: iron ore exploration rights in Mount Nimba on the Liberian border, prime mining territory close to concessions held by multinationals BHP Billiton and ArcelorMittal. Sampil was handsomely rewarded.
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Jul 15, 2012· Sunday Times reports (paywall) that BHP Billiton, which is shedding its noncore operations, is looking for a buyer for its Mount Nimba iron ore project in Guinea. BHP Billiton .
Jun 29, 2015· Nimba has significant resource upside potential, as the current resource is only calculated over two of the three plateaux of Nimba. AIMlisted Sable Mining Africa is working towards the completion of the bankable feasibility study for its West Africabased project, which it expects to publish in the first half of 2016 in preparation of commercial production.
A comparable for the potential premium which could be achieved is BHP Billiton''s Mt Newman project, which currently achieves a premium of 18/t. Financial Review Sable Mining is reporting for the six months ended 30 September 2014 a pretax loss on continuing activities of US (2013: US).
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Dec 20, 2012 ... BHP Billiton owns a 40%stake in the iron ore venture and recently ... The potential sale of BHP''s interest in the Mount Nimba deposit to ... The Mount Nimba deposit is one of the largest known deposits of iron ore in Guinea and global ... Mining equipment manufacturer has joined forces with the.
Aug 05, 2014· The Mount Nimba iron ore project has an estimated 935 million tonnes of direct shipped ore (DSO) with an average grade of % of iron. DSO needs only relatively simple crushing and screening before it can be used to make steel. BHP Billiton sold its interest in order to exit the West African region and focus on other projects.
Jul 23, 2014· The two companies tried to combine their iron ore mining projects which straddle the Liberia and Guinea border in 2010 but were unsuccessful. The Wall Street Journal reported in May that ArcelorMittal was nearing the purchase of BHP''s Nimba mine, Bloomberg News said.
The joint application was part of negotiations for ArcelorMittal to buy BHP Billiton''s stake in Nimba, two of the people said. In 2010 the firms tried to combine their iron ore projects that ...
Apr 14, 2014· Brazilian mining firm BA Mineracao recently pulled out of talks to buy BHP Billiton''s stake in Mount Nimba amid questions over Guinea''s political stability and .
Nimba iron ore project is a highgrade, direct shipping ore (DSO) deposit in southeast Guinea, Africa. It is one of the biggest undeveloped on or nearrail DSO projects in West Africa. The project is being developed by West Africa Exploration, a subsidiary of Sable Mining Africa (80%) and Nimba Mining (20%). Nimba iron ore deposit and reserves
One of the key permits Sampil had applied for during the election campaign—when he was soliciting bribe money from Sable—came through: iron ore exploration rights in Mount Nimba on the Liberian border, prime mining territory close to concessions held by multinationals BHP Billiton and ArcelorMittal. Sampil was handsomely rewarded.
Sep 30, 2013· Sable Mining Africa Ltd. said it has been granted a license to start work on its Nimba ironore project in Guinea, almost three years after it bought .
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