Swiss court upholds corruption ruling against mining magnate Steinmetz
Mining News Pro - A Swiss appeals court said on Tuesday it had upheld a guilty verdict for corruption against mining magnate Beny Steinmetz, who was sentenced in Geneva two years ago in one of the mining industry’s most high-profile legal disputes.
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Mining tycoon Beny Steinmetz arrested in Greece
Mining News Pro - Diamond and mining tycoon Beny Steinmetz, who was convicted of minerals rights-related bribery in January by a Swiss court, was arrested last month in Greece when his private jet landed at Athens airport.
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Steinmetz loses latest battle against Vale over Simandou
Mining News Pro - Billionaire Beny Steinmetz, the founder and owner of a company embroiled in a long-drawn-out dispute with Vale (NYSE: VALE) over lost rights to the Simandou iron ore project in Guinea, has lost his latest battle against the Brazilian miner.
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Steinmetz sentence opens new front in war on mining corruption
Mining News Pro - Switzerland took direct aim at the global mining industry when it sentenced Beny Steinmetz to five years for bribery. But it’s not clear if the billionaire will ever set foot in prison.
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Mining tycoon Steinmetz sentenced to 5 years in jail in bribery case
Mining News Pro - Beny Steinmetz was found guilty of bribing a public official to secure an iron-ore mine in Guinea worth billions of dollars.
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Sierra Leone freezes assets of Steinmetz diamond unit
Mining News Pro - The High Court of Sierra Leone issued on Wednesday an interim freezing order on the assets of Octea, a subsidiary of Israeli billionaire Beny Steinmetz’s BSG Resources (BSGR), in a lawsuit over alleged environmental damage around a diamond mine.
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Vale asks court to dismiss Steinmetz request for documents
Mining News Pro - Brazil’s Vale, the world’s top iron ore producer, is urging a US court to reject billionaire Beny Steinmetz’s attempt to open a new front in the battle over lost rights to the massive Simandou iron ore project in Guinea.
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Steinmetz Diamonds
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