Papua New Guinea’s Ok Tedi mine suspends operations

Mining News Pro - Papua New Guinea’s Ok Tedi Mining Ltd will suspend copper mining for two weeks from Friday because of a steep rise in coronavirus infections in the South Pacific nation, including the mine site.

Australia restricts travel to Papua New Guinea

Mining News Pro - Australia’s mining industry is bracing for travel interruptions after Prime Minister Scott Morrison barred fly-in, fly-out (FIFO) workers from traveling to and from Papua New Guinea.

Guinea President retains Magassouba as Mines Minister

Mining News Pro - Guinea President Alpha Conde has retained Abdoulaye Magassouba as mines minister overseeing the West African nation`s bauxite, iron-ore, gold and diamond wealth, according to a decree read on state television on Thursday.

Guinea approves railroad and port plan for Simandou

Mining News Pro - Guinea’s government has approved a multi-national group’s plan to build a railroad and deep-water port to export output from the massive Simandou iron ore deposit to key markets including China, the world’s top consumer of the commodity.

Guinea approves infrastructure plan for Simandou iron mine

Mining News Pro - Guinea`s government approved on Thursday a basic agreement for a multi-national consortium to build a railroad and deep-water port to export minerals from the giant Simandou iron ore project.

West Africa judge finds Guinea guilty of 2012 mine site killings

Mining News Pro - West Africa’s top court ruled on Tuesday that Guinea was responsible for the death of six villagers and the illegal arrest, injury or torture of 15 others during a 2012 protest near an iron ore project owned by Vale and BSG Resources.

Predictive raises Guinea exploration funds

Mining News Pro - Predictive Discovery will raise A$10.6-million through an institutional placement to fund exploration at its Bankan gold project, in Guinea.

Coronavirus case emerges at second mine in Papua New Guinea

Mining News Pro - The novel coronavirus has been detected at a second mine in Papua New Guinea, after an employee at the Lihir Mine owned by Newcrest Mining Ltd tested positive for the disease.

Guinea signs Simandou iron deal with SMB-Winning consortium

Mining News Pro - Guinea on Tuesday signed an agreement with a consortium for the development of its giant Simandou iron ore reserve, another step towards the realisation of a project which it hopes will bring a $15 billion windfall over the 25-year lifespan.

Papua New Guinea accuses Barrick of plan to illegally export gold

Mining News Pro - Papua New Guinea`s mining regulator said on Friday it is planning to bring criminal proceedings against a Barrick Gold joint venture over what it says was an attempt to illegally export $13-million in silver and gold to Australia.

Zijin warns Papua New Guinea of anger over end of Porgera

Mining News Pro - China’s Zijin Mining has warned Papua New Guinea that its failure to renew the lease of a gold mine it jointly owns with Barrick Gold Corp there could damage bilateral relations.

Papua New Guinea forces Barrick out of Porgera

Mining News Pro - Papua New Guinea has swooped in to take control of Barrick Gold’s Porgera gold mine after refusing to extend a special mining lease with the Canadian company.

China-backed JV wins $14bn iron ore deal at Guinea’s Simandou

Mining News Pro - A consortium representing Chinese, French and Singaporean interests has won a $14bn tender to develop part of Guinea’s Simandou iron ore project, edging out rival Fortescue.

Friedland allies with key players in Guinea to develop Nimba project

Mining News Pro - Billionaire Robert Friedland-backed High Power Exploration (HPX) appointed the former chief executive officer of the Guinea Alumina Corporation and former Guinean Prime Minister Mamady Youla to the role of CEO of Société des Mines de Fer de Guinée (SMFG).

China-backed JV to develop giant Simandou north iron ore deposit in Guinea

Mining News Pro - A China-backed joint venture between Guinea’s Societe Miniere de Boke and Singapore’s Winning International Group scored a big win in the iron ore world after securing on Wednesday rights to develop the northern area of Simandou, one of the world’s largest untapped deposits of the steelmaking ingredient.

Papua New Guinea orders China-owned Ramu nickel plant to shut

Mining News Pro - Papua New Guinea has ordered a nickel processing plant owned by Metallurgical Corporation of China (MCC) to close for not taking unspecified “remedial” actions, the head of the country’s mining regulator said on Thursday.

Fortescue, SMB-Winning go head-to-head to develop Guinea’s Simandou iron ore

Mining News Pro - Australian miner Fortescue and Guinea’s biggest bauxite exporter SMB-Winning are the last two companies in the running for the rights to develop blocks 1 and 2 of Guinea’s Simandou iron ore deposit, three sources told Reuters on Friday.

Billionaire Friedland-backed miner picks up iron ore deposit in Guinea

Mining News Pro - Billionaire Robert Friedland-backed High Power Exploration (HPX) has secured rights to develop a massive iron ore deposit in Guinea left undeveloped for years by its previous owners.

Talks on Guinea’s iron ore advance, BHP nears deal on Nimba

Mining News Pro - 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.

Guinea seeks developers for Simandou iron ore deposit

Mining News Pro - Guinea has launched an international tender for blocks 1 and 2 of Simandou, giving companies until Aug. 2 to outline their bids, as the country seeks to revive interest in the world’s largest undeveloped iron ore deposit.

EGA’s Guinea mining project reaches 75% construction completion

Mining News Pro - Emirates Global Aluminium (EGA) reports that its bauxite mining project in the Republic of Guinea has reached 75% construction completion. The project has a total budgeted project cost of about $1.4 billion and is being developed by EGA’s subsidiary Guinea Alumina Corp. It is the largest greenfield investment in the West African country in the last four decades. First bauxite exports are expected during the second half of 2019.

Declaration of readiness of the 6 foreign consortia to attend the Guinea Bauxite mine

Mining News Pro - The chairman of IMIDRO`s team announced that by the end of the year, two large plants in the field of aluminum and copper will be launched. "The Southern Aluminum" will be the largest and most modern aluminum production plant in Iran, Karbassian said.

AngloGold`s Guinea mine resumes operations after one-day strike

Mining News Pro - Operations have resumed at AngloGold Ashanti`s Siguiri gold mine, in Guinea, after a workers strike halted activities for a day, a company vice president said on Thursday.

Alufer Mining celebrates Bel Air bauxite milestone in Guinea

Mining News Pro - London-listed Alufer Mining has commenced production and achieved first ore on ship at its Bel Air bauxite mine in Guinea.

The UAE`s 16 million-ton bauxite production capacity in Guinea

Mining New Pro - The Emirates Aluminum Company`s managing director announced the signing of an agreement on the supply of bauxite to India’s Vedanta, saying that bauxite delivery to the plant will begin in 2019.

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