CONAKRY (Reuters) - A consortium representing Chinese, French and Singaporean interests won a $14 billion tender to develop part of Guinea's Simandou iron ore project, sources familiar with the talks ...

The price of iron ore, which is used for making steel, has skyrocketed since the early 2000s, fuelled by a boom in Chinese construction. Ever since Anglo-Australian mining giant Rio Tinto confirmed ...

Dec 29 (Reuters) - China's state iron ore buyer is using increasingly hardball tactics against mining giants such as BHP to ...

Simandou’s mining concession is divided into four blocks. The project is a partnership between Rio Tinto, Chalco Iron Ore Holdings (CIOH), and a Chinalco-led consortium, Winning Consortium Simandou ...

Authorities in Guinea on Tuesday officially launched production at Simandou, a gigantic mining project that they hope will propel the poor west African country into the ranks of the world's largest ...

Chinas state-backed iron ore buyer, China Mineral Resources Group (CMRG), is intensifying its negotiating tactics against ...

At the foot of the Simandou mountains in southeast Guinea's lush tropical forest, thousands of workers, trucks and excavators are digging up the hills. The verdant paradise is home to a gigantic ...