With regards to its iron ore project in the Nimba Mountains range (in Lola prefecture, Forest Guinea), the Société des Mines de Fer de Guinée (SMFG) held consultations on the scoping study and Environmental, and SociaL impact Study reports at a hotel in Conakry. The iron ore project of SMFG, a branch of High Power […]
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Nimba iron ore project poised to expand Guinea's exports Mining stated that Ivanhoe Atlantic intends to transport Nimba's high-grade ore over an existing rail route through Liberia, potentially reducing logistical and financial expenses in contrast to Simandou, which needs a 650-kilometer railway to a port in Guinea.
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The Indian group, which is set to be awarded the Zogota iron ore deposit (AI, 21/04/23), also has eyes on the Nimba deposit, which is located in the same region of southeast Guinea and is held by Société des Mines de Fer de Guinée (SMFG), a subsidiary of Friedland's High Power Exploration (HPX). Threat of legal action over 'fake news'
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Guinea's president Alpha Condé is trying to change that and his government has said it will allow some smaller iron ore deposits such as …
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Société des Mines de fer de Guinee ("SMFG") has today announced the completion of a Study for the Phase 1 Development of Nimba Iron Ore Mine ("Nimba"), in the Guinée Forestière region of southeast Guinea. The iron ore deposits at Nimba represent a large, high-grade resource and one of the last few known high-quality, undeveloped […]
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First, the project's development has been hindered by the Liberian civil war from 1990-1996 which made transportation of iron ore through Liberia impossible, and a vast refugee movement started from Liberia to Guinea which increased the …
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MIGA, the World Bank agency for foreign investment, is considering contributing to the financing of the Nimba iron ore project, which could prove crucial for the Guinean economy but also for the - 8/31/2020. Close. My …
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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...
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Privately-owned High Power Exploration (HPX), founded by mining entrepreneur Robert Friedland, has announced positive prefeasibility study (PFS) findings for the Nimba iron-ore project – a ...
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The Nimba project is a Tier 1 deposit containing extremely high-grade, low-impurity, direct shipping ore (DSO) and is considered one of the best undeveloped iron-ore resources in the world.
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Project Description. On March 12, 2021, MIGA issued guarantees totaling US$123.3 million to High Power Exploration (HPX) of the United States of America covering its equity and quasi-equity investments in (i) Société des Mines de Fer de Guinée SA (SMFG) in the Republic of Guinea and (ii) Euronimba Liberia Limited in the Republic of Liberia for the Nimba …
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High Power Exploration (HPX) raised $200 million for its proposed Nimba iron ore mine in southeastern Guinea. Gold Futures $ 2951 / ozt -0.10% Micro Gold Futures $ 2951.2 / ozt -0.08%
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An exploration permit for the iron ore project was granted in January 2012. The Government of the Republic of Guinea granted the mining licence in September 2013 and a preliminary feasibility study (PFS) was completed in March 2014. Project construction is expected to start in 2015 after the completion of the banka…
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Ministers of Mines and Environment Visit the Nimba Iron Ore Project ... ... © smfg 2024
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The Nimba Alliance Iron Ore Project (the Project) holds significant landholding in Guinea's Nimba Iron Ore Corridor, comprising majority ownership of two permits: the Nimba West permit, covering approximately 198km², and the Nimba North permit, covering approximately 107km². This Project was previously owned by a consortium of major mining companies,…
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• The Project has a large landholding in Guinea's prolific Nimba Iron Ore Corridor and comprises majority ownership of two permits: o of the Nimba West permit covering ~198km 2 ; and
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The Nimba project is a Tier 1 deposit containing extremely high-grade, low-impurity, direct shipping ore (DSO) and is considered one of the best undeveloped iron-ore resources in …
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On 15 March, Nimba Development Co announced that it had taken control of Société de Développement Nimba (SDN), enabling it to obtain its 85% holding in an iron ore project in …
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for the Phase 1 development of the Nimba Iron Ore Project. These approvals are a critical step in advancing the project's environmental and social approvals and confirms the scope, methodology, and key. issues to be addressed during the ESIA process. This process is part of Guinea's commitment to integrating environmental and social ...
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SDN is a Guinean-registered company with rights to develop the iron-ore assets adjacent to, but not intruding into, the Mount Nimba Strict Nature Reserve.
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West Africa-focused mining company Nimba Development Company (NDC) and the Government of Guinea have assumed full control of the Nimba Iron Ore Project in the country. The move comes after NDC secured control over Société de Développement Nimba (SDN), the owner of the iron ore project.
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The Nimba iron ore project in Guinea said on Wednesday that a pre-feasibility study confirmed the mine's viability, but it expressed concerns about potential limitations on its railway access to ...
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Spotlight | Guinea Robert Friedland's Nimba iron ore dilemma. The US-Canadian financier bought the vast iron project four years ago, but Guinea's ruling junta is showing little …
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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 the two West African countries said.
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Guinea-based mining company Nimba Development Company (NDC) has taken control of Societe de Development Nimba (SDN), the owner of the Nimba Iron Ore Project, and unveiled plans to develop the mine and related infrastructure. The company said it had assumed 85% control of the SDN, with the government of Guinea holding the remaining 15%.
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The Nimba iron ore project in Guinea said on Wednesday that a pre-feasibility study confirmed the mine's viability, but it expressed concerns about potential limitations on its railway access to ...
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According to our information, the Guinean government would like to get Societe des mines de fer de Guinee (SMFG) back up and running. SMFG operates the Nimba iron ore project located in the extreme southeast of the country.Nimba is currently at a standstill (), as SMFG's shareholders, French nuclear firm Areva, Australia's BHP Billiton and American …
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The Nimba iron ore project in Guinea said on Wednesday that a pre-feasibility study confirmed the mine's viability, but it expressed concerns about potential limitations on its railway access to ...
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The Nimba Iron Ore project is a proposed iron ore mining project in the Nimba Mountains of the Republic of Guinea, with an associated railway that will be needed to export the ore through Liberia. The project will have negative impacts on Critically Endangered western chimpanzees (Pan troglodytes verus).
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Project Description. ... The MIGA-guaranteed investment will be used for the completion of key studies preceding the development of the Nimba Iron Ore Mine, a high-grade, open pit, iron ore mine in the Nimba Mountains in the Nzérékoré Region in southeastern Guinea approximately 800 km from Conakry. ... Its benefits stem from the mobilization ...
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Based on a 2015 report by the United States Geological Survey (USGS), Nimba holds roughly one billion tonnes of high-grade iron ore. At full-tilt, the mine is expected to produce 30 million tonnes ...
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