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S. African Billionaire Motsepe Eyes Iron Ore Industry in Guinea
Apr. 29, 2013 03:34PM PST
Base Metals Investing Mining Weekly reported that African Rainbow Minerals’ executive chairperson and South African mining magnate, Patrice Motsepe wants to invest in Guinea’s iron ore.
Mining Weekly reported that African Rainbow Minerals’ executive chairperson and South African mining magnate, Patrice Motsepe wants to invest in Guinea’s iron ore.
As quoted in the news article:
An investment by Motsepe would give a boost to Guinea’s mining industry after moves by Conde to revise the country’s mining code coupled with a violent political stand-off over legislative elections have dampened investor sentiment.