Jun 20, 2019· Rio Tinto (ASX, LON: RIO) is mulling options to develop the giant Simandou ironoredeposit inGuinea, which almost sold last year to its partner in the project Aluminium Corp of China, or ...
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Guineahas substantial mineral resources, including bauxite, ironore,gold, diamonds, and uranium. Mining accounts for 90% of the country’s export earnings, and the sector has struggled with corruption and poor internal and environmental management. Women make up 75% of artisan or small-scale mining inGuinea.
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A decrease in the grades of iron-oreproduced in China, and reduced Indian exports, as a result of high taxes and mining bans, were providing an opportunity for new iron-oresupply to come online...
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Guineais a poor country of approximately 12.9 million people in 2016 that possesses the world's largest reserves of bauxite and largest untapped high-grade ironorereserves, as well asgoldand diamonds. In addition,Guineahas fertile soil, ample rainfall, and is the source of several West African rivers, including the Senegal, Niger, and ...