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CONAKRY/LONDON, Aug 29 (Reuters) 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 iron ore reserve, sources close to the talks said.
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Apr 25, 2017The reserve straddles both Guinea and Ivory Coast, occupying an area of 17,540 hectares. The reserve is home to part of the Mount Nimba Range, with the highest peak being Mount Richard-Molard at an elevation of 5,750 feet above sea level.
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Aug 29, 2019BHP is near a deal to sell its stake in Guinea's Nimba iron ore deposit, possibly to mining billionaire Robert Friedland, who leads privately
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The Nimba deposit is estimated to hold about one-billion tonnes of high-grade iron-ore containing very low levels of impurities, according to a review completed in 2015 by the US Geological Survey
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Jun 05, 2019The race to mine Guinea's iron ore has started although the focus is not on its giant Simandou deposits but on smaller finds whose output could be transported via Liberia if
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Jun 13, 2010"Combined with the nearby Nimba deposit in Guinea, these leases have the potential to form the backbone of a world-class cluster of mines around integrated rail and port infrastructure, much in the way the Western Australian iron ore operations started," BHP iron ore
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Mineral exploration company High Power Exploration (HPX), which is headed up by chairperson and CEO Robert Friedland, has received consent from the Guinea government to acquire the 95% interest in the Nimba iron-ore deposit currently held by BHP, Newmont Goldcorp and Orano. The Nimba deposit is estimated to hold about one-billion tonnes of high-grade iron-ore containing very low levels of
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NIMBA is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms studied the chimpanzee (Pan troglodytes verus) population in the Nimba Mountains in Guinea, West Africa. Chimpanzee ground nests reveal when hominids ditched tree-sleeping over 200 metric tonnes of gold and abundant iron ore
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Guinea is rich, both materially and culturally, with the world's largest bauxite reserves, gold, diamonds and iron ore. It abounds in culture and traditions and has a remarkable, if often turbulent, history. Guinea is also exceptional in that it was the first French colony proudly to declare its independence, in 1958.
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Mineral exploration company High Power Exploration (HPX), which is headed up by chairperson and CEO Robert Friedland, has received consent from the Guinea government to acquire the 95% interest in the Nimba iron-ore deposit currently held by BHP, Newmont Goldcorp and Orano. The Nimba deposit is estimated to hold about one-billion tonnes of high-grade iron-ore containing very low levels of
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10 days agoIn a 2015 review completed by the United States Geological Survey, the Nimba deposit, which is located in the Forestiere region of south-eastern Guinea, is estimated to comprise around a billion tonnes of high-grade iron ore containing very low levels of impurities.
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The race to mine Guinea's iron-ore has started although the focus is not on its giant Simandou deposits but on smaller finds whose output could be transported via Liberia if ArcelorMittal shares
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9 days agoHigh Power Exploration (HPX), a private company headed by billionaire mine financier Robert Friedland, has been granted the right to acquire a 95% interest in the world class Nimba iron ore deposit in the Republic of Guinea, West Africa. The Nimba deposit, which is located in south-eastern Guinea, is estimated to contain around one billion tonnes of high-grade iron ore, with very low levels
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Sep 06, 2019Robert Friedland, the Canadian mining billionaire, is set to take control of the Nimba iron ore deposit in Guinea. Late on Thursday, High Power Exploration, a private US company run by Mr
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Jun 05, 2019The race to mine Guinea's iron ore has started with a focus on smaller finds whose production could be transported through Liberia if ArcelorMittal (NYSEMT) shares its
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The construction of a railway is planned in Guinea for the export of Mount Nimba iron ore. Although this is unlikely to impact the site directly, it will result in increased habitat fragmentation in surrounding areas and facilitate immigration to areas around the site, bringing increased pressure for land clearing and use of natural resources.
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The Darwin Project's governance platform will be used to pursue shared objectives relating to sustainable natural resource management in the Nimba Mountains. The main task in the coming months is to develop a Collaborative Management Framework for Nimba, working in partnership with communities and companies operating in the area.
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the natural resources of the Nimba Massif Biosphere Reserve and World Heritage Site; 2. URGES the government authorities of Guinea a. to resist pressures to allow mining and all other activities which threaten the natural integrity of the area, and in particular, not to allow the iron ore
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future mining of the iron-ore rich range of mountains which are located in Guinea on the other side of the almost depleted Libe rian Nimba range. An agreement would allow Guinea to utilize the railroad left in place by LAMCO, a Swedish-American-Liberian
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Sable Mining Africa Ltd. announced in late January the signing of an Infrastructure Development Agreement (IDA) with the government of Liberia that will allow it to export iron ore from its Nimba iron ore project in southeast Guinea through Liberia using established rail infrastructure. The Nimba project has an initial JORC-compliant reserve of 53.96 million mt at a grade of 61.6% iron.
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The race to mine Guinea's iron ore has started although the focus is not on its giant Simandou deposits but on smaller finds whose output could be transported via Liberia if ArcelorMittal shares
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Mt. Nimba is almost solid iron ore, and has been long viewed by the government as a potential source of income, just waiting to be sold, dismantled, and shipped off to Europe. Local and international environmentalists have forced a compromise in which most of the mountain is protected.
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10 days agoHPX, a company run by billionaire mining investor Robert Friedland, signed a deal with the Guinean government late on Thursday to develop the Mount Nimba iron ore deposit, Guinea
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3 days agoIn a 2015 review completed by the United States Geological Survey, the Nimba deposit, which is located in the Forestire region of south-eastern Guinea, is estimated to comprise around a billion tonnes of high-grade iron ore containing very low levels of impurities.
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Talks on Guinea's iron ore advance, BHP nears deal on Nimba-sources By Saliou Samb and Barbara Lewis. CONAKRY/LONDON (Reuters) 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 iron ore reserve, sources close to the talks said.
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High Power Exploration acquires the world-class Nimba iron ore deposit in the Republic of Guinea 05.09.2019 / 2054 The issuer is solely responsible for the content of this announcement. Conakry, Republic of Guinea--(Newsfile Corp. September 5, 2019) Eric Finlayson, President of the US-domiciled High Power Exploration Inc. (HPX), announced
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Aug 01, 2014ArcelorMittal, the world's largest steelmaker, said on Friday it had signed deals to purchase stakes in an iron ore project in Guinea as it pushes to
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Guinea is a poor, developing country despite the fact that it possesses the world's largest reserves of bauxite and the largest unexploited high-grade iron ore reserves, plus gold and diamonds. The country's hydro potential is huge and it could be a major exporter of electricity.
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May 20, 2019Bloomberg reported that billionaire mining investor Mr Robert Friedland is close to a deal to take over an iron ore deposit in Guinea from owners including BHP Group, according to
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The governments of Liberia and Guinea have expressed optimism about prospects for the Mount Nimba project, a mining deal between the two countries. Full shipment of low-cost, high-grade ore from
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