Guinea has struggled for decades to extract money from its iron ore, which has been left undeveloped because of protracted legal disputes and the cost of infrastructure. BHP has also tried for years to sell its stake in the Nimba prospect, which does not fit the company's preference for operating in stable, developed economies.

The Simandou iron ore project involves the construction of a 650km-long railway in Guinea. Image courtesy of Ministry of Mines and Geology, Republic of Guinea. SMB-Winning has agreed to build 650km of railroad and a deep-water port in Guinea as part of an …

15 Forecariah forges ahead of Simandou and Nimba as Guinean iron ore hub With 175,000 tonnes of iron ore already being produced monthly by India's Ashapura group and a new Chinese company preparing to start prospecting, the Forecariah area is currently Guinea's leading iron ore production zone.

The study found out that Simandou range and Mount Nimba are amongst the highest quality of iron deposits known in the world estimated to be between 66% and 68%. Research data has found out that the cleanest iron ore deposit is restricted in the northern part of the Guinea part of the Nimba Mountains where a mining reserve has been enclosed.

Canadian billonaire mining investor Robert Friedland is on the verge of sealing an agreement to take over Nimba iron ore deposit in Guinea, according to repo...

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 ...

"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 ...

The tallest summit is the 1,752 m tall Mont Richard-Molard: the tallest mountain in Guinea and Côte d'Ivoire. Mount Nimba is formed from Precambrian granite, schists, granito-gneiss and other rocks, including iron-containing quartzite. Mountains were shaped at the end of Jurassic – end of Eocene and since then have been heavily eroded.

Ivanhoe Liberia Limited (Ivanhoe Liberia), formerly Euronimba Liberia Limited, was created to study, rehabilitate, expand or build from the ground up the rail and port facilities to transport the iron ore to be mined in the Guinean Nimba Mountains to a deep-water port on the Liberian coast, in or near Buchanan.

The Nimba project is located on the border with Liberia and is considered one of the world's richest iron ore deposits found in Guinea, holding around 1 billion tonnes of …

Guinea has been struggling to profit from its iron ore for decades. Due to protracted legal disputes and infrastructure costs, Guinea's iron ore has not been developed. In October 2019, Guinea and Liberia signed an agreement to allow several Guinean mines, including the Nimba project, to export through Liberian ports.

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, …

Nimba North World-Class Iron Ore Deposits Acquisition by SML in Guinea Sarmin Metals Ltd (SML) is pleased to announce conclusion of a shareholding agreement with Singapore based Steelridge Resources Pte. Ltd. to develop through its wholly owned subsidiary, First Metal Guinee SARLU high grade hematite-magnetite Nimba North iron ore project in ...

The World Bank is said to be mulling a $135 million investment in the proposed Nimba iron ore mine in southeastern Guinea, which is owned by Canada's High Power Exploration (HPX), a …

The Mount Nimba nature reserve has been listed as a World Heritage site since 1981 but classified as "in danger" since 1992, in part due to the threat of iron-ore mining. The Multilateral Investment Guarantee Agency (MIGA), the World Bank's insurance arm, is considering support for the Nimba iron-ore mine in Guinea, according to an August ...

1 The 110 km long Simandou hills of Guinea hold an estimated 2.4 billion tonnes of iron ore of 65.5% purity. Conakry's estimates say the total figure may be eight billion tonnes.

Guinea. Canadian billonaire mining investor Robert Friedland is on the verge of sealing an agreement to take over Nimba iron ore deposit in Guinea, according to reports. Although a …

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 …

"Nimba will be the first major iron ore exporter from Guinea," Guy de Selliers, chairman of the Société des Mines de Fer de Guinée, the entity that owns Nimba, told the Financial Times ...

High Power Exploration acquires the world-class Nimba iron ore deposit in the Republic of Guinea. September 5, 2019, 2:54 PM EDT ... of Guinea to acquire the 95% interest in the Nimba iron …

Nimba, located on the border with Liberia, is just one of the world's richest iron ore deposits found in Guinea, holding around 1 billion tonnes of the steelmaking ingredient.

Friedland's Nimba iron ore project to get World Bank backing. September 1, 2020. The World Bank is said to be mulling a $135 million investment in the proposed Nimba iron ore mine in southeastern Guinea, which is owned by Canada's High Power Exploration (HPX), a privately-held company founded my mining mogul Robert Friedland. The move by ...

Friedland-backed HPX to fast-track Guinea iron ore project ...

Guinea has the largest untapped iron ore reserves in the world. This ore, of outstanding quality, often has an iron content greater than 65%. Simandou is considered the finest iron ore prospect in the world – Financial Times, November 2015. The deposits are located mainly in the southern and central part of Guinea: the Mount Simandou and Mount Nimba region (in the southeast), the Zogota ...

Guinea's Nimba Iron Ore Project Gets Green Light to Export Via Liberia. ... Metal Plc. of Sir Mick Davies recently signed an MOU with the George Weah led Government which could unlock Guinea iron ore Niron Metal Plc is seeking to ship 10 million ton of iron ore from it Zogota Concession in Guinea, they intend to use the existing rail and port ...

Billionaire Robert Friedland-backed High Power Exploration (HPX) said on Monday it had raised $200 million for its proposed Nimba iron ore mine in southeastern Guinea, home to some of the world's highest-grade deposits, including the giant Simandou. The funds received will enable the Canadian company to fast-track development of the project ...

We, the Société des Mines de Fer de Guinée (SMFG), have been entrusted by the people of Guinea to responsibly develop the Nimba Iron Ore Project and create a positive contribution for future generations. The Project represents more than fifteen years of research, studies and negotiations throughout the region.

Leading miner BHP is near a deal to divest its stake in Guinea's Nimba iron ore deposit, while three big miners are vying to develop half of the country's Simandou, the largest known untapped ...

"Nimba will be the first major iron ore exporter from Guinea," Guy de Selliers, chairman of the Société des Mines de Fer de Guinée, the entity that owns Nimba, told the Financial Times. "This is the caviar of iron ore," Selliers said. HPX is the majority owner of SMFG with an 85% stake. The remaining 15% is held by the government of ...

We are the Société des Mines de Fer de Guinée (SMFG), entrusted by the people of Guinea to develop the Nimba Iron Ore Project responsibly. We aim to create a long-term, sustainable mining project, integrated into the economic and social fabric of the region, that creates a …

SMFG's Operations 2003-19. SMFG was formed in 2003 following the signature of a mining convention agreement and annexes by SMFG's major shareholder, Euronimba Limited, and the Government of Guinea. Later that year, the Government granted a concession of 6.25 km² in the northern Guinean Nimba Mountains where SMFG has worked to develop a ...

Nimba Iron Ore Project - Port Location Studies and Design. The Mount Nimba export terminal was the final cornerstone of the Nimba iron ore project which aims to develop a very extensive concession in the iron ore-rich regions of Simandou and Nimba in south-east Guinea. The large-scale West-Africa based Nimba iron ore project is located in ...

Nimba Iron Ore Company (SMFG) The Nimba Iron Ore Company (Société des Mines de fer du Nimba, SMFG) plans to develop a high-quality iron ore deposit located in the Mount Nimba region.

Two new iron ore projects at Simandou and Mount Nimba are likely to begin exporting within the next five years once the mining sites and associated rail lines have been completed. Rail infrastructure across Guinea is planned to export iron ore from the Simandou project, while a rail connection to the Liberian port of Buchanan is envisions to ...

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 ...