iron-ore deal in April 2010 and it is the root cause of the Brazilian miner’s ambivalence about staying in Guinea according to people involved in negotiations between the government Vale and Vale’s minority partner Beny Steinmetz Group Resources (BSGR)...
BSGR’S biggest shareholder is a family trust of diamond heir Beny Steinmetz...
A review of the lease held by the main kimberlite miner the Beny Steinmetz-owned Koidu Holdings Ltd...
In the final days of the Conté regime an agreement was signed to grant Beny Steinmetz General Resources (BSGR) controlled by the Israeli entrepreneur of the same name a licence to develop Blocks I and II of the vast iron deposits at Mont Simandou...
Vol 52 No 2 |
- BRAZIL
- AFRICA
Vale is bidding for a 50% stake in the mine from Israeli entrepreneur Beny Steinmetz himself the beneficiary of a deal signed by the late President Lansana Conté in December 2008...
Vol 4 (AAC) No 8 |
- GUINEA
- CHINA
- BRIEFING
In April Rio Tinto negotiated the payment of a large penalty and finally accepted the late President Lansana Conte’s decision to revoke two blocks of the Simandou iron ore mine and instead award them to Israeli diamond magnate Beny Steinmetz...
Vol 4 (AAC) No 4 |
- GUINEA
- CHINA
Condé’s policy statement has not indicated how the government plans to rule on the Simandou iron ore conflict which pits Rio Tinto and Chinalco against Beny Steinmetz Global Resources and Vale...
Before leaving office former Mines and Geology Minister Mahmoud Thiam gave Rio Tinto a February deadline to withdraw from the two blocks that late dictator Lansana Conté had awarded to Beny Steinmetz...
They had claimed that their foreign partner and main source of development capital was the weighty Israeli diamond concern Beny Steinmetz Group Resources...
Sylla is yet to state his position on Mines Minister Mamadou Thiam's decision to transfer Anglo-Australian Rio Tinto's rights to Blocks I and II of the giant Simandou iron ore mine to Israel's Beny Steinmetz...
We hear Rio has just ten days to accept the transfer of 50% of its licences at Simandou to a rival consortium led by Israel’s Beny Steinmetz and Brazil’s Vale (AC Vol 51 No 18)...
The Minister wants to transfer it to General Resources an Israeli firm controlled by Beny Steinmetz – a move opposed by Thiam’s predecessor Ahmed Kanté (AC Vol 51 No 11 Votes and the mining houses & Promising contracts)...