Africa Mining: Nigeria-based AFC sees opportunity in mining infrastructure

(Reuters) – With some mining companies increasingly reluctant to own outright the infrastructure that keeps their projects going, an African development institution is linking up with investment funds to help fill the gap.

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Global Markets: Vale transfers stake in Simandou joint venture to BSGR

Vale transferred to BSG Resources (BSGR) the shareholding held in the VGB, a joint venture created with the BSGR to develop an iron ore project in Simandou, Guinea.  According to Vale, the transfer of participation does not mean any waiver of Vale´s right to charge BSGR for the loss of investment in the partnership. 

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Africa Mining Industry: Guinea prepares tender for Simandou iron ore project blocks 3+4

The government of Guinea is in the final stages of preparing a tender for blocks 3 and 4 of the Simandou iron ore project, sources close to the matter have told Steel First. Guinea’s government will be working through the final stages of administrative work on the tender in the next few weeks, Steel First understands.

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