Fortescue Metals Group has been beaten by a consortium including Guinea's biggest bauxite exporter in a tender to develop key sections of the massive Simandou iron ore project in the West African country.
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Fortescue in race for massive West African iron ore project
Fortescue Metals Group has submitted a bid to be the developer of Blocks 1 and 2 of the giant Simandou iron ore project in Guinea, West Africa.
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Amrun to drive Australia’s global bauxite strength
Rio Tinto's $2.6 billion Amrun mine in Queensland is cementing Australia's standing as the world's top producer of bauxite.
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Rio Tinto sale agreement for Simandou lapses
Rio Tinto's agreement to sell its stake in the Simandou iron ore project in Guinea, west Africa, to Chinalco has lapsed.
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UK fraud department to investigate Rio corruption claims
The United Kingdom’s Serious Fraud Office says it has opened an investigation into suspected corruption by Rio Tinto in Guinea.
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Rio Tinto directors’ heads on the chopping block over Africa deal
Rio Tinto directors are set to meet in London in the next few hours in order to discuss the future of the two of its executives involved in the so-called African payments scandal.
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Rio Tinto selling stake in Simandou to China
Rio Tinto is selling its stake in Guinea’s Simandou iron ore mine to Chinalco in a deal that will be worth between $1.1 billion and $1.3 billion.
Rio was the highest shareholder with 46.6 per cent ownership.
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Rio Tinto advance Simandou iron ore project
Rio Tinto has taken its embattled Simandou iron ore project to the next step, submitting its bankable feasibility study.
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Simandou iron ore fight could be settled out of court
Vale said it might consider settling the Simandou iron ore fight with Rio Tinto out of court.
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Former FBI chief called in to investigate BSGR Rio Tinto corruption claims
The trust in charge of BSG Resources has brought ex-FBI director Louis Freeh to investigate corruption claims over the Simandou tenements in Guinea.
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Vale threaten to leave international mining body over Rio Tinto lawsuit
Vale has threatened to leave the International Council on Mining and Metals as tensions rise between it and Rio Tinto over the brewing Simandou lawsuit.
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BSGR, defendant in Rio Tinto Simandou corruption claims, sues Guinea
BSGR Resources, which has been accused of bribery and corruption by Rio Tinto over the Simandou deposit, is suing Guinea and its president.
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Rio Tinto sues Vale over Simandou iron ore mine
Rio Tinto has filed a legal complaint in the US against Vale and other groups over the loss of its Simandou mining concessions.
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Hope for Rio’s stalled African iron ore project
Rio Tinto is slightly more optimistic over its stalled Simandou iron ore project after the Guinea government in Africa showed willingness towards the venture.
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World first mining laws for Bougainville
Papua New Guinea's copper-rich island of Bougainville is aiming to introduce world first mining laws that would see traditional landowners share mineral rights with the government.
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West Africa the new Pilbara?
As the resources boom slows down in Australia and iron ore prices tumble, West Africa's untapped resources are drawing eyes away from the Pilbara.
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