S. African Billionaire Motsepe Eyes Iron Ore Industry in Guinea

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.

Click here to read the full Mining Weekly report.