Ord.mn | Mongolian Mining
Mongolia |  Mobile |  Rss

BHP Billiton ready to offload Guinea iron ore stake

BHP Billiton ready to offload Guinea iron ore stake

Much like the larger Simandou deposit, Mount Nimba have yet to start commercial production due to political instability in Guinea in past years and questions over the preferred route to ship the iron ore to market.

Shares in ArcelorMittal (NYSE:MT), the world’s No.1 steelmaker, were up 2.25% to $15.91 on late trade Monday on reports the company was close to becoming the buyer for BHP Billiton’s (ASX:BHP) stake in a major Guinean iron-ore deposit.

According to The Wall Street Journal, the steel giant is in "deep, deep discussions" with BHP, in a deal potentially worth as much as $500 million.

The world’s No. 1 miner has been trying to sell its 41.3% stake in Mount Nimba since July 2012, as part of a strategy to survive the mining downturn, which saw commodity prices falling, costs rising, project halted, workers fired and non-core assets sold.

BHP Billiton ready to offload Guinea iron ore stake

The Mount Nimba project is 41.3% owned by BHP and 41.3% owned by Newmont Mining, France's Areva owns a 12.4% stake.

In February, Brazilian firm B&A Mineração lost interest after lengthy negotiations, because it found the project too costly, risky and difficult from an operational and political perspective.

Questions over Guinea's political stability and whether the government will allow firms to export through neighbouring Liberia, which is vital to making mines profitable at current prices, have complicated investment decisions on its big iron ore projects, including Mount Nimba and the giant Simandou deposit.

The sell is considered a boost to BHP’s plans to exit West Africa and focus its investments elsewhere in the world. The group’s CEO Andrew MacKenzie has made streamlining the company one of his main priorities, which includes cutting back spending on big, capital intensive projects.

Guinea has great mining assets, 50% of the world's reserves of bauxite and significant iron ore —the feedstock ore for aluminum— and significant gold and uranium, deposits.

Currently, the world’s top iron ore producers, Brazil’s Vale (NYSE:VALE) and Rio Tinto (LON, ASX:RIO) are in the midst of a series of billion-worth lawsuits, which came on the heels of Guinea’s President Alpha Conde revoking all mining rights for both companies over a corruption probe case.



URL

АНХААРУУЛГА: Уншигчдын бичсэн сэтгэгдэлд Ord.mn хариуцлага хүлээхгүй болно. ХХЗХ-ны журмын дагуу зүй зохисгүй зарим үг, хэллэгийг хязгаарласан тул ТА сэтгэгдэл бичихдээ хууль зүйн болон ёс суртахууны хэм хэмжээг хүндэтгэнэ үү. Хэм хэмжээг зөрчсөн сэтгэгдлийг админ устгах эрхтэй. Сэтгэгдэлтэй холбоотой санал гомдлыг 7012-1080 утсаар хүлээн авна.
  • IP: 31.184.236.58
<a href="http://viagrawithoutprescriptions.com/">viagrawithoutprescrip
tions.com</a> <a href="http://besteddrugs.com/">best erectile dysfunction pills</a> <a href="http://cialischeapcanada.net/">cialis online cheap</a> <a href="http://canadianhealthandcaremallreviews.net/">canadian healthcare mall</a> <a href="http://canadianonlinepharmacy.net/">247 overnight pharmacy canadian</a> <a href="http://buyingclomidonline.com/">buy clomid in australia online</a> <a href="http://canadianpharmacyonlinenoscript.com/">canadian pharmacies no script</a> <a href="http://thecanadianhealthandcaremall.net/">canadian health and care pharmacy</a> <a href="http://northwestpharmacycanada.net/">cialis canadian pharmacy</a> <a href="http://viagra100mgbestprice.net/">best generic viagra pharmacies</a>
  • IP: 31.184.236.96
maxifort zimax 100 mg cialis black rhine inc palghar m.s india international pharmacy no prescription viagra samples cialis pfizer viagra canadian pharmacy express best price 100mg viagra brand cialis online no prescription generic viagra without prescription
<a href="http://maxifortonline.com/">maxifort</a> <a href="http://cialisblack800mg.com/">Cialis Black for Sale</a> <a href="http://rhineincpharmacy.com/">rhine inc india tadalafil</a> <a href="http://onlinepharmacywithoutaprescription.com/">on line pharmacy no prescription needed</a> <a href="http://viagrasamplesovernight.com/">samples of viagra and cialis</a> <a href="http://viagrapfizer100mg.com/">pfizer brand viagra 100mg</a> <a href="http://canadianpharmacyuk.com/">canadian pharmacy</a> <a href="http://lowestpriceviagra100mg.com/">best price on viagra 100mg</a> <a href="http://freecialissamples.com/">cialis online</a> <a href="http://onlineviagraprescription.com/">viagra canada no prescription</a>
  • IP: 31.184.236.9
cialis 20mg online india black cialis black cialis canadian pharmacy no prescription buying clomid online safe viagra generic vs brand online pharmacy buy viagra cialis 5mg best price article 58 cialis sales
<a href="http://cialis20mgeforsale.com/">lowest price cialis 20mg brand in usa</a> <a href="http://cialiseblack.com/">black cialis</a> <a href="http://cialisblacke800mg.com/">cialis black</a> <a href="http://canadianpharmacyeuk.com/">canadian pharmacy 24</a> <a href="http://buyingclomideonline.com/">buy clomid online south africa</a> <a href="http://cialisviagraecombopack.com/">viagra cialis combo pack</a> <a href="http://canadianpharmacyestock.com/">canada pharmacy meds</a> <a href="http://buyviagraeonlineusa.com/">buy viagra online</a> <a href="http://cialiseprices.com/">best price cialis 5 mg</a> <a href="http://cialispillseforsale.com/">cialis 20 mg for sale</a>
  • IP: 31.184.236.58
<a href="http://viagrawithoutprescriptions.com/">viagra without a prescription usa</a> <a href="http://besteddrugs.com/">best ed drug</a> <a href="http://cialischeapcanada.net/">cheapest cialis 20mg</a> <a href="http://canadianhealthandcaremallreviews.net/">rayhhealthcare online order medication</a> <a href="http://canadianonlinepharmacy.net/">canadian pharmacies shipping to usa</a> <a href="http://buyingclomidonline.com/">buy clomid via mail</a> <a href="http://canadianpharmacyonlinenoscript.com/">canadian pharmacies no script</a> <a href="http://thecanadianhealthandcaremall.net/">is canadian health care mall legitimate</a> <a href="http://northwestpharmacycanada.net/">northwest pharmacy canada</a> <a href="http://viagra100mgbestprice.net/">best prices for viagra 100mg</a>
  • IP: 31.184.236.96
buy maxifort black cialis rhine inc india tadalafil no prescriptions online pharmacy viagra samples from pfizer viagra sale pfizer canadian pharmacy no prescription best places to buy generic viagra no prescription cialis viagra no prescription
<a href="http://maxifortonline.com/">maxifort zimax mexico</a> <a href="http://cialisblack800mg.com/">cialis black</a> <a href="http://rhineincpharmacy.com/">rhine inc palghar india</a> <a href="http://onlinepharmacywithoutaprescription.com/">canadian pharmacy without perscription</a> <a href="http://viagrasamplesovernight.com/">free viagra samples in canada</a> <a href="http://viagrapfizer100mg.com/">viagra pfizer online</a> <a href="http://canadianpharmacyuk.com/">canadian online pharmacy</a> <a href="http://lowestpriceviagra100mg.com/">best price on viagra 100mg</a> <a href="http://freecialissamples.com/">free trial cialis</a> <a href="http://onlineviagraprescription.com/">buy viagra online with no prescription</a>
  • IP: 31.184.236.58
<a href="http://viagrawithoutprescriptions.com/">best prices for prescription viagra</a> <a href="http://besteddrugs.com/">trusted online pharmacy</a> <a href="http://cialischeapcanada.net/">cheap cialis online</a> <a href="http://canadianhealthandcaremallreviews.net/">online pharmacy canada</a> <a href="http://canadianonlinepharmacy.net/">canada pharmacy online</a> <a href="http://buyingclomidonline.com/">buy clomid in uk</a> <a href="http://canadianpharmacyonlinenoscript.com/">canadian pharm support group</a> <a href="http://thecanadianhealthandcaremall.net/">pacific care pharmacy port vila vanuatu</a> <a href="http://northwestpharmacycanada.net/">canada pharmacy online</a> <a href="http://viagra100mgbestprice.net/">pfizer viagra price</a>
  • IP: 31.184.236.58
<a href="http://viagrawithoutprescriptions.com/">viagrawithoutprescrip
tions.com</a> <a href="http://besteddrugs.com/">ed medications</a> <a href="http://cialischeapcanada.net/">cheap cialis online</a> <a href="http://canadianhealthandcaremallreviews.net/">canadian health care mall</a> <a href="http://canadianonlinepharmacy.net/">canadian pharmacies mail order</a> <a href="http://buyingclomidonline.com/">clomid for men for sale</a> <a href="http://canadianpharmacyonlinenoscript.com/">canadian pharmacies</a> <a href="http://thecanadianhealthandcaremall.net/">pacific care pharmacy vanuatu</a> <a href="http://northwestpharmacycanada.net/">24 hour canadian pharmacy</a> <a href="http://viagra100mgbestprice.net/">best rx online viagra generic</a>
  • IP: 31.184.236.96
maxifort zimax sildenafil 50 mg cialis black rhine inc in india non prescription online pharmaceuticals free viagra sample pack online viagra samples from pfizer online pharmacies canada best price on viagra 100mg cialis vs viagra buy viagra without a prescription
<a href="http://maxifortonline.com/">maxifort online</a> <a href="http://cialisblack800mg.com/">Cialis Black 800mg Reviews</a> <a href="http://rhineincpharmacy.com/">rhine inc in india</a> <a href="http://onlinepharmacywithoutaprescription.com/">non prescription online pharmaceuticals</a> <a href="http://viagrasamplesovernight.com/">how to get samples of viagra</a> <a href="http://viagrapfizer100mg.com/">pfizer viagra 100mg coupon</a> <a href="http://canadianpharmacyuk.com/">pharmacy rx one</a> <a href="http://lowestpriceviagra100mg.com/">cheap generic viagra lowest prices</a> <a href="http://freecialissamples.com/">brand cialis online no prescription</a> <a href="http://onlineviagraprescription.com/">buy viagra online with no prescription</a>
  • IP: 31.184.236.96
maxifort online cialisblack800mg.com rhine inc pharmacy canada pharmacy online no script free viagra samples before buying pfizer viagra sales canadian pharmacy cialis 20mg best viagra online reviews cialis free offer voucker viagra prescription free
<a href="http://maxifortonline.com/">buy maxifort</a> <a href="http://cialisblack800mg.com/">Cialis Black for Sale</a> <a href="http://rhineincpharmacy.com/">rhine, inc</a> <a href="http://onlinepharmacywithoutaprescription.com/">online pharmacy no prescription needed</a> <a href="http://viagrasamplesovernight.com/">free viagra sample pack online</a> <a href="http://viagrapfizer100mg.com/">viagra pfizer online </a> <a href="http://canadianpharmacyuk.com/">online pharmacies</a> <a href="http://lowestpriceviagra100mg.com/">best viagra prices</a> <a href="http://freecialissamples.com/">cialis india</a> <a href="http://onlineviagraprescription.com/">viagra without prescriptions</a>
  • IP: 31.184.236.58
<a href="http://viagrawithoutprescriptions.com/">viagra without prescription</a> <a href="http://besteddrugs.com/">ed meds</a> <a href="http://cialischeapcanada.net/">cheap cialis online</a> <a href="http://canadianhealthandcaremallreviews.net/">best pharmacy in canada</a> <a href="http://canadianonlinepharmacy.net/">canadian 24 hour pharmacy</a> <a href="http://buyingclomidonline.com/">clomid online overnight</a> <a href="http://canadianpharmacyonlinenoscript.com/">canadian pharmacy no scripts</a> <a href="http://thecanadianhealthandcaremall.net/">rayh health care viagra</a> <a href="http://northwestpharmacycanada.net/">tadalafil canadian pharmacy online</a> <a href="http://viagra100mgbestprice.net/">best generic viagra</a>

Comments:

Add Comments
Name:*
E-Mail:
Comment:
Bold Italic Underline Strike | Align left Center Align right | Insert smilies Insert link URLInsert protected URL Select color | Add Hidden Text Insert Quote Convert selected text from selection to Cyrillic (Russian) alphabet Insert spoiler
Security Code: *
Exchange Rate
Foreign shares
New York Stock Exchange
Name Closing Changes
BHP Billiton
Ivanhoe Mines
90.53
23.3
1.44
0.00
Australian Stock Exchange
Name Closing Changes
General Mining Corp
Aspire Mining Limited
0.145
0.52
0.00
-0.02
London Stock Exchange
Name Closing Changes
Petro Matd Limited
polo Resources Limited
123.5
5.4
0.00
0.02
Hong Kong Stock Exchange
Name Closing Changes
Mongolian Mining Corporation
Mongolia Energy
9.59
1.14
0.00
-0.06
Toronto Stock Exchange
 
Metal exchange rates
1 Day Spot Gold Prices - Gold Price Chart
1 Week Copper Prices - Copper Price Chart
3 Month Uranium Price Chart - Uranium Price Per Pound
6 Month Iron Ore Fines Prices - Iron Ore Fines Price Chart
1 Day Spot Silver Prices - Silver Price Chart

dddddddddddddddddd

Coal price data
U-Boat replica watches replica rolex orologi replica watches
Free Mobile Sex Xvideos Deutsche Pornos selbstgemacht porn tube dutch Facial xxxxi videos beeg spy www xvi
Sexy Teen Porn Milflesben Porno Videos Korean Rip Danish Frau schwanger gefickt anal Geiler Hausbesuch Porno kostenlose vaginavidios
brutal anal hardcore sex money talks reality kings film porno au cinema Ellos ya saben cómo chupar girl fucked in alley xxuxx hd sex 4k www xxx xxx porn sunny leone video
xxx hd com www napal xxx com xxxx 18 porn sex video com hot romantic sex 18 years