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.


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.
  • does

  • February 01, 2017 16:03
  • IP:
Eau d for the lateral walls importing singapore how does viagra work of four openings sacral foramina.

Fix fix fix solution for for this does generic how does viagra work work yahoo answers industry.
  • IP:
Product generic cialis for woman rehabistanbul.
  • IP:
India propecia cheap cialis uk best price cialis for generic pills online order cialis online canada.
  • IP:
Naomi Harper: Everything you need for an all-night party - his and hers buy viagra .

buy viagra For Men Price In Bangalore in Grapevine .
  • cialis

  • February 28, 2017 17:07
  • IP:
Sell generic cialis pills mexico sublingual tablets for sale.

Worldwide Shipping http://cia1sideffects.com/ Best Offers Cialis is used for the treatment of male erection problems.

Hudgins on Brand http://cia1sideffects.com/ for sale, Safe drugs in online stores.
  • IP:
Is there a generic for cheap cialis online , printable cialis coupon Vortexx Group Incorporated .
  • IP:
viagra pharmacy Viagra is an oral medicine used for treating male impotence (e.
  • IP:
You need to have good self control if you want to use buy cialis for recreational use.

Risabal clothes viagra samples in control very buy cialis for women drugstore ago.

Eat a generic cialis wiki for for for good.
  • maran

  • May 10, 2017 15:37
  • IP:
This is a good selling high-end watch site klockor kopior
  • Amery

  • April 22, 2018 03:07
  • IP:
本文很好地解释了几内亚的政治问题和铁矿石勘探 https://essaypinglun.wordpress.com/ninjaessays-com-评论/。 政府绝对应该为经济稳定而努力。 我希望他们能够取得成功。
  • ali se

  • October 14, 2018 13:43
  • IP:

I found your this post while searching for some related information on blog search...Its a good post..keep posting and update the information.
  • IP:
<a href="http://cialisofreesamples.ru/">get free cialis samples</a> <a href="http://canadianpharmacyeuk.ru/">online pharmacies canada</a> <a href="http://viagrasamplesfromapfizer.ru/">viagra samples from pfizer</a> <a href="http://viagra100mgbestprice.com/">generic viagra best prices</a> <a href="http://inhouseopharmacy.ru/">canadian pharmacy viagra</a> <a href="http://canadapharmacy24houradrugstore.ru/">pharmacy online</a> <a href="http://xlapharmacyindia.ru/">online pharmacy</a> <a href="http://viagrasuperactive150mg.ru/">generic super viagra pill</a> <a href="http://levothyroxineewithoutascript.ru/">levothyroxine without a script</a> <a href="http://inhouseepharmacy.ru/">inhouse pharmacy</a>
  • IP:
<a href="http://supremesuppliers.ru/">supreme suppliers india cialis</a> <a href="http://canadianpharcharmyeonline.ru/">canadian pharcharmy online</a> <a href="http://northwestapharmacycanada.ru/">north american pharmacy</a> <a href="http://canadianopharcharmy.ru/">canadian pharcharmy</a> <a href="http://skyopharmacy.ru/">sky pharmacy </a> <a href="http://healthymenviagra.com/">healthy man complaints</a> <a href="http://skyepharmacy.ru/">onlinepharmacy</a> <a href="http://canadianapharmdirect.ru/">online pharmacies</a> <a href="http://canadianpharmacymall.net/">cialis online canada</a> <a href="http://canadianopharmacy24hr.ru/">sky pharmacy canada</a>
  • IP:
<a href="http://canadianpharcharmyaonline.ru/">alli canadian pharcharmy online</a> <a href="http://canadian24houropharmacy.ru/">cialis canadian pharmacy</a> <a href="http://canadaopharmacyonline.ru/">canadian pharmacy online no script</a> <a href="http://xlpharmacyindia.ru/">canadian pharmacy 24h</a> <a href="http://supremesuppliersmumbai.com/">supreme suppliers mumbai</a> <a href="http://supremeesuppliers.ru/">on line pharmacy</a> <a href="http://canadianpharmacyamall.ru/">global pharmacy canada phone number</a> <a href="http://canadianpharmaciesthatacceptopaypal.ru/">online pharmacy </a> <a href="http://rhineincopharmacy.ru/">rhine inc india 401404</a> <a href="http://levothyroxineowithoutascript.ru/">buy levothyroxine without prescription</a>
  • IP:
<a href="http://northwestpharmacycanada.net/">canada pharmacy 24 hour drug store</a> <a href="http://newehealthyman.ru/">healthy man viagra reviews</a> <a href="http://cheapdrugsfromeindia.ru/">best price drugs 24</a> <a href="http://canadian-health-care-mall.com/">is canadian health care mall legitimate</a> <a href="http://canadapharmacy24hourodrugstore.ru/">canadian pharmacy </a> <a href="http://buyinganizagaraonline.ru/">buy nizagara in australia</a> <a href="http://bluemountainpharmacyacanada.ru/">pharmacy rx one review</a> <a href="http://xlepharmacyindia.ru/">xl pharmacy india</a> <a href="http://thecanadianhealthandcaremall.net/">canadian health care pharmacy</a> <a href="http://supremeasuppliers.ru/">supreme suppliers in india</a>
  • IP:
<a href="http://lowestpriceoviagra100mg.ru/">average cost of viagra 100mg</a> <a href="http://skypharmacyareview.ru/">online pharmacy</a> <a href="http://maxifortozimax100mg.ru/">maxifort zimax 100 mg</a> <a href="http://edamedications.ru/">best ed pills non prescription</a> <a href="http://cialisoprofessional.ru/">where can i buy cialis professional</a> <a href="http://canadianomedicine.ru/">online medicine store canada</a> <a href="http://trustedtablets.ru/">kamagra 100mg reputable site</a> <a href="http://canadianepharmacy24hr.ru/">canadian pharmacies mail order</a> <a href="http://canadianahealthandcaremallreviews.ru/">healthy man pharmacy</a> <a href="http://bluemountainpharmacyocanada.ru/">usa pharmacy online viagra</a>
  • IP:
<a href="http://cheapdrugsfromoindia.ru/">canada drugs online</a> <a href="http://buyingonizagaraonline.ru/">nizagara 100</a> <a href="http://bluemountainpharmacyocanada.ru/">pharmacy rx one</a> <a href="http://pfizerbrandviagra.com/">pfizer viagra from canada</a> <a href="http://bluemountainpharmacycanada.ru/">canada online pharmacy</a> <a href="http://onlineviagraprescription.com/">online viagra prescription</a> <a href="http://maxifortezimax100mg.ru/">maxifort zimax 100 mg</a> <a href="http://canadianpharmacyonlinenoscript.com/">tadalafil canadian pharmacy online</a> <a href="http://primateneomistcanada.ru/">Primatene Tablets</a> <a href="http://cialiswithoutadoctorprescription.com/">cialis without a doctors prescription</a>
  • IP:
<a href="http://onlinepharmaciesonline.com/">online pharmacy</a> <a href="http://canadianpharcharmyonline.net/">canadianpharmacy.com<
;/a><a href="http://canadianpharmaciesmailorder.com/">canadian pharmacy support team</a><a href="http://canadianpharmaciesmailorder.net/">northwest pharmacy canada</a><a href="http://canadianpharmacy24hour.com/">best pharmacy in canada</a><a href="http://canadianpharmacynonprescription.com/">canadianpharmacy
nonprescription.com</a><a href="http://canadianpharmacyonlinemeds.com/">canadian online pharmacy</a><a href="http://canadianpharmacyonlinemeds.net/">canadian online pharmacies reviews</a><a href="http://canadianpharmacyonlinenoscript.com/">generic viagra online canadian pharmacy</a><a href="http://canadianpharmacyonlinewithoutscript.com/">canadian pharmacy online no script</a><a href="http://canadianpharmacyuk.com/">pacific care pharmacy</a>
  • IP:
<a href="http://cialiseprofessional.ru/">generic cialis professional</a> <a href="http://canadianhealthandcaremallreviews.com/">Home Page</a> <a href="http://canadianahealthandcaremallreviews.ru/">rayh health care viagra</a> <a href="http://blackcialis.net/">black cialis</a> <a href="http://24hourocanadianpharmacy.ru/">247drugsshop</a> <a href="http://viagra100mgbestprice.net/">best prices on viagra</a> <a href="http://skypharmacyoreview.ru/">canadian pharmacy</a> <a href="http://skypharmacyareview.ru/">online pharmacy</a> <a href="http://rxexpressoonline.ru/">rx express online</a> <a href="http://rosaimpexpvtltd.ru/">rosa implex pvt ltd</a>
  • IP:
<a href="http://maxifortzimaxe100mg.ru/">maxifort zimax 100mg</a> <a href="http://prescriptiondrugsewithoutprescription.ru/">online drugstore</a> <a href="http://lowecostviagra.ru/">low cost viagra generic</a> <a href="http://purchaseviagrae.ru/">viagra on line purchases</a> <a href="http://medicineeonline24.ru/">online pharmacy</a> <a href="http://canadapharmacyeonline.ru/">canadian pharmacy no prescription</a> <a href="http://polarmedse.ru/">polar meds pharmacy</a> <a href="http://cialiseindiapharmacy.ru/">cialis cheapest online prices</a> <a href="http://supereactiveviagra.ru/">super active viagra</a> <a href="http://buyeneurontinovernight.ru/">order neurontine overnight</a>
  • IP:
<a href="http://onlinepharmaciesa.com/">online pharmacies canada</a> <a href="http://onlinepharmacywithoutaaprescription.com/">online pharmacy no prescription</a> <a href="http://freeacialissamples.com/">cialis canada free sample</a> <a href="http://viagrawithoutaprescriptions.com/">Click Here - Viagra without prescriptions</a> <a href="http://onlinepharmaciesa.com/">canadian pharmacy online no script</a> <a href="http://bestpricea100mgviagra.com/">viagra lowest price canada</a> <a href="http://cialisa40mg.com/">generic cialis tadalafil 20mg</a> <a href="http://cialisaprofessional.com/">cialis profession for sale online</a> <a href="http://onlinecanadianpharmacy.website/">online canadian pharmacy</a> <a href="http://rhineincacialis.com/">Rhine Inc Pharmacy</a>
  • IP:
<a href="http://northwestapharmacycanada.ru/">canadian pharmacy</a>
  • IP:
<a href="http://onlinepharmacywithoutaprescription.ru/">canadian pharmacy no scripts</a>
  • IP:
<a href="http://viagrasamplesfrompfizer.com/">pfizer viagra</a>
  • IP:
<a href="http://skypharmacyreview.com/">myskypharmacy</a>
  • IP:
<a href="http://onlinepharmacywithoutaprescription.ru/">usa pharmacy no script</a>
  • IP:
<a href="http://canadapharmacy24hourdrugstore.com/">canadian pharmacy</a>

Previous Next


Add Comments
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
Australian Stock Exchange
Name Closing Changes
General Mining Corp
Aspire Mining Limited
London Stock Exchange
Name Closing Changes
Petro Matd Limited
polo Resources Limited
Hong Kong Stock Exchange
Name Closing Changes
Mongolian Mining Corporation
Mongolia Energy
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


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