Page 67 - Simandou News Today

Israeli diamond and minerals magnate Beny Steinmetz has gone on trial in Switzerland on charges of corruption and forging documents in an alleged bid to win lavish iron ore mining concessions in Guinea by paying millions to a former wife of late President Lansana Conte.

Israeli magnate starts corruption trial in Switzerland

Israeli magnate set for corruption trial in Geneva

Steinmetz’s Bribery Trial Starts New Chapter of Mining Saga Bloomberg 1/8/2021 Hugo Miller and Thomas Biesheuvel (Bloomberg) -- Beny Steinmetz goes on trial facing bribery charges in Geneva on Monday in the latest chapter of a legal saga that’s dogged the Israeli businessman’s gamble on a multi-billion-dollar mine. Popular Searches Steinmetz and two businesspeople are accused of paying the wife of Guinea’s deceased former president Lansana Conte $8.5 million to secure ...

Beny Steinmetz’s bribery trial to begin Monday Israeli billionaire Beny Steinmetz has been at the centre of an international investigation into alleged bribery to win mining rights in Guinea. (Image from Beny Steinmetz’s website) Billionaire Israeli businessman Beny Steinmetz goes on trial facing bribery charges in Geneva on Monday. The owner of BSG Resources and two others are accused of paying the wife of Guinea’s deceased former president Lansana Conte $8.5 million to secure the conce...

Petrol hit $1, iron ore soared but commodities this year all hang on the success of COVID-19 vaccines By business reporter Sue Lannin © Provided by ABC Health Australian motorists are benefiting from cheap petrol prices because of weak demand for oil globally. ((ABC News: Sue Lannin)) The year 2020 has been one of fluctuating fortunes for Australias biggest exports amid the coronavirus-fuelled recession and trade row with China. Gold hit a record high above $US2,000 an ounce ...

Steinmetz’s Bribery Trial Starts New Chapter of Mining Saga By January 8, 2021 (Bloomberg) -- Beny Steinmetz goes on trial facing bribery charges in Geneva on Monday in the latest chapter of a legal saga that’s dogged the Israeli businessman’s gamble on a multi-billion-dollar mine. Steinmetz and two businesspeople are accused of paying the wife of Guinea’s deceased former president Lansana Conte $8.5 million to secure the concession rights to a vast mountain of iron ore in t...

* Overseas equity output to have 20%+ share of imports by 2025 * Mergers to create ‘world-class’ steel groups - industry ministry (Recasts, adds detail) Dec 31 (Reuters) - China aims to build one or two globally significant overseas iron ore mines by 2025 to boost supply of the steelmaking ingredient and strengthen its pricing power, the industry ministry said on Thursday. Equity output from stakes held by Chinese firms in overseas mines should account for more than 20% of iron ore imports ...

Publishing date: Dec 31, 2020  •  December 31, 2020  •  2 minute read  •  Article content China aims to build one or two globally significant overseas iron ore mines by 2025 to boost supply of the steelmaking ingredient and strengthen its pricing power, the industry ministry said on Thursday. Equity output from stakes held by Chinese firms in overseas mines should account for more than 20% of iron ore imports by that year, according to a five-year plan for the steel sector publish...

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