Mineweb reported that Brazil’s Vale SA (NYSE:VALE) has agreed to hand over a development study for the contested Simandou deposit in Guinea to Rio Tinto plc (ASX:RIO,LSE:RIO,NYSE:RIO).
Mineweb reported that Brazil’s Vale SA (NYSE:VALE) has agreed to hand over a development study for the contested Simandou deposit in Guinea to Rio Tinto plc (ASX:RIO,LSE:RIO,NYSE:RIO).
As quoted in the market news:
Guinea seized a portion of the rights to mine the Simandou deposit from billionaire Beny Steinmetz’s BSG Resources Ltd. and Vale and plans to sell them in the next few months, with President Alpha Conde estimating the sale should fetch more than $100 million.
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1838.36 | -3.83 | |
| Silver | 21.69 | -0.21 | |
| Copper | 4.28 | 0.00 | |
| Palladium | 1991.00 | -13.00 | |
| Platinum | 956.50 | -2.50 | |
| Oil | 112.60 | +0.39 | |
| Heating Oil | 3.66 | -0.01 | |
| Natural Gas | 8.14 | -0.17 | |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â