Page 46 - Beyla News Today

A leading broker, UBS, has said that it may be too early to be confident in Rio Tinto Limited (ASX: RIO) shares.

CONAKRY — Guinea's ruling junta reached a $15 billion deal with Rio Tinto and an Asian-Guinean consortium to exploit the vast Simandou iron ore deposit in the southeast, public television announced.The three-way deal, signed late Friday, has a 35-year duration for co-development by Anglo-Australian mining giant Rio Tinto and the Singapore-led Winning Consortium.Guinea has

Ground Breakers: Rio Tinto’s Simandou development is back on the cards after Guinea deal

The Australian sharemarket is trading higher; Star boss Matt Bekier resigns; ASX: ‘strong likelihood of delay’ to CHESS go-live; Australia 3-year bond yield hits highest since 2014. Follow the latest here.

Guinea's ruling junta has signed an agreement with Rio Tinto to restart activities at the Simandou iron ore deposit, reported Reuters.

In early March, Guinean authorities ordered the cessation of development operations at the Simandou deposit, which has a 100 million tons per

Guinea's mining minister says the government reached agreement with Rio Tinto <<RIO>> and a Chinese-backed consortium to resume activities at the Simandou iron ore deposit.According...

Guinea's junta has reached an agreement with Rio Tinto and a Chinese-backed consortium to resume activities at Simandou.

A big new African iron ore province could be exporting within three years after Rio and other miners struck a pact with Guinea’s military junta.

Mining is a key driver of economic growth in Guinea. But the military junta's unyielding approach toward a major iron ore project could be doing the country more harm than good.