Image courtesy of Ministry of Mines and Geology, Republic of Guinea. Nimba iron ore project is located in the south-eastern part of Guinea, near the border with Liberia and Cote d’Ivoire. Coordinates. — Published on April 18, 2019. The iron ore deposit is located at the base of the 1,000m-tall Mount Nimba, which is one of the highest iron ore peaks in Africa. Potential: 1 billion tons of iron ore License Area: Exploration of 518 sq km Target Zones: Fe-enriched meta-sediments currently under exploration . It is situated approximately 800km from the country’s capital Conakry, and 26km from the existing railway at Tokadeh in Liberia. Simandou 1 Zogota iron ore mine 12 September 2018 Niron Metals is hoping to commence production at Zogota in 2020 and would produce 2 Mtpa of both lump and fines. Beny Steinmetz settles dispute with Guinea over iron ore project. Back. Rogetta iron ore mine is estimated contain 25.9Mt of iron ore resources grading 31.06% Fe. Guinea and Liberia signed a deal on Friday to allow several mines in Guinea, including the giant Nimba iron ore project, to export through Liberia, officials from the West African countries said. Beny Steinmetz settles dispute with Guinea over iron ore project . Liberia signs MoU with Niron for iron ore export p… The Government of the Republic of Liberia and Niron Metals Plc have signed an MoU, regarding the passage through Liberia of iron ore from the Zogota iron ore deposit in the Republic of Guinea ELENILTO GROUP HEAD OFFICE Elscot House Arcadia Avenue, Finchley London N3 2JU, United Kingdom Tel: +44-20-3318-8208 elenilto@elenilto.com. Zogota, a nearby iron ore deposit owned by former Xstrata boss Mick Davis’ Niron Metals, has already negotiated an agreement to export through Liberia. Activities. Niron Metals PLC, an investment vehicle with shareholders including former Xstrata chief executive officer Mick Davis, is in exploratory talks with the government of Guinea to develop the Zogota iron ore project. Rogetta iron ore project reserves. ... also indicated that it hopes to be involved in efforts by new investors to develop the Zogota iron ore deposit in the near future. . Contact Us. Republic of Liberia Signs MOU with Niron Metals for Export of Iron Ore from the Zogota Project. Brazilian miner Vale has announced that the Republic of Guinea has revoked the mining licenses for the Simandou and Zogota iron ore projects due to a technical committee report indicating that the mining licenses were obtained by Vale's partner BSG Resources Limited (BSGR) through corrupt practices.. Guinea Conakry Zogota Iron Ore Project. BSGR, which voluntarily entered administration last year to protect itself from legal disputes related to a project in Guinea, also indicated that it hopes to be involved in efforts by new investors to develop the Zogota iron ore deposit in the near future. The mining team managed via the debatable mogul Beny Steinmetz is to stroll clear of a large iron ore mission in Guinea as a part of an settlement that settles a long-running corruption dispute with the west African country. The Simandou project in south-east Guinea. The Zogata project is expected to produce around 2 million tonnes of iron ore a year, which will be transported by rail and exported via a port in neighbouring Liberia. Liberia and Niron Metals announce signing of MoU for export of Zogota Iron Ore The signing of the MOU follows the joint vision of economic cooperation, expressed by the leaders of the republics of Guinea and Liberia, H.E. As part of the deal Davis stepped in to develop the Zogota iron ore mine, but its economic viability has always rested on shipping out via neighboring Liberia using existing infrastructure. Iron ore in Africa; Railway stations in Guinea; References. Written on 06 March 2019. While Guinea says ore mined from Simandou must be shipped via the country’s own ports, Magassouba said Zogota, which is located further south, would be permitted to send its ore through Liberia. Guinea’s government had previously stated that ore had to exported via the West African nation’s own ports. The Simandou iron ore project involves the construction of a 650km-long railway in Guinea. Article content. MONROVIA – Liberia’s rails and port facilities would be of major significance for the export of Guinea’s iron ore mined from the Zogota iron ore deposits by Niron Metals Plc – a mining company in Guinea. 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