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Rio Tinto is to pay as much as $US700 million to the Guinean government to secure development rights to its Simandou iron ore project- an early stage West African version of its Pilbara interests.   The yet-to-be announced payment is a budget boost for the impoverished nation. The deal was struck with the help of ...

Resource Generation’s Ledjadja joint venture has received mining rights for a period of 30 years for the Boikarabelo mine from the South African Department of Mineral Resources.   The Boikarabelo mine, in the Waterberg region of South Africa, contains 744.8 million tonnes of coal reserves on 35% of the firm’s tenements.   The total capital ...