The owner of BSG Resources is accused of paying the wife of Guinea’s deceased former president to secure the concession rights to the Simandou iron ore project.
Company estimates that only in 9 years it should reach a production scale between 22-24 million tonnes of iron ore per year, the same level as before the failure of the Fundão dam.
The Australasian Joint Ore Reserves Committee Code regulates the integrity of public reporting of exploration results, mineral resources and ore reserves.