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    iron investing

    B&A Mineracao Confirms Interest in Guinea Iron Ore

    Written by Investing News Network
    |
    Feb. 23, 2013 04:50PM PST

    Reuters reported that the chief of executive of B&A Mineracao, Eduardo Ledsham, confirmed that the company is interested with the Mount Nimba iron ore project but dismissed speculation that it is interested to a slice of Guinea’s largest Simandou deposit.

    Reuters reported that the chief of executive of B&A Mineracao, Eduardo Ledsham, confirmed that the company is interested with the Mount Nimba iron ore project but dismissed speculation that it is interested to a slice of Guinea’s largest Simandou deposit.

    As quoted in the market news:

    We are in negotiations with BHP and (fellow stakeholder) Newmont, but I cannot give you any details because of a strict confidentiality agreement,” he said.

    Click here to read the full Reuters report.

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