A lower currency would allow other industries to replace Iron ore. In fact, iron ore is a finite supply, and in accounting terms, one could argue that exacting a finite resource is a major
Arguably, this is the latest episode of a long series of missed opportunities to develop West Africas iron ore industry, the main one being Guineas Simandou, which remains the worlds largest untapped iron ore deposit.mentators have pointed towards this as an example of African resource nationalism.
new iron ore port at Indienne for Mayoko iron ore north of Pointe Noire. In 2007 privately owned British firm Mining Projects Development said it had found large deposits of iron ore at the Zanaga site in Lekoumou region, in the south of the country. Exploration work suggested there could be 500 million tonnes of ore.
A worker inspects conveyer belts transporting iron ore at the Fortescue Solomon mine in the Pilbara region of Western Australia. Exports of goods and services to China are about 7 of Australia
Blame it on Rio giant miner opens up in Africa, to the delight of China. China's next step in dispensing of its overreliance on Australia is a massive Simandou iron ore deposit in West Africa
According to Metalpany Database www.mbdatabase.com, a service that tracks over 1,000 mining projects and 12,000 companies active in the metals and mining market, these are the top ten biggest iron ore mining projects in West Africa.
China is close to giving the goahead for some of its biggestpanies to develop the giant Simandou iron ore mine in Guinea, potentially paving the way for the project to be built
Restive West Africa will attract even more investment in its iron ore deposits than the billions of dollarsmitted this year, as resources firms race to dig mines to meet demand from
West Africa Steinmetz and European, U.S. Advisers on Trial for Mining 'Corruption Pact' in West Africa. pixabay Lansana Conte, to develop the Simandou iron ore mine, prosecutors said in an
China is reportedly planning to build at least two globally significant overseas iron ore mines by the year 2025 to boost supply. The move is part of the countrys plans to boost the metals supply and increase its price capacity, reported Reuters citing the Ministry of Industry and Information Technology MIIT.. According to a fiveyear plan for the steel sector published by the