AFRICA STORIES

BSGR: 1, Rio Tinto: 0

Rio Tinto’s assertion its Racketeer Influence and Corrupt Organizations Act (RICO) claim against multiple defendants was defeated because of a technicality is disingenuous and the New York court’s decision was rather the unavoidable outcome of a “pointless claim doomed to fail from the moment it was launched”, according to Beny Steinmetz Group Resources (BSGR), one of the key defendants.

The Simandou iron ore project in Guinea is at the centre of a multi-party legal spat

The Simandou iron ore project in Guinea is at the centre of a multi-party legal spat

Rio brought the case against BSGR, Beny Steinmetz himself, Vale, former mining minister Mahmoud Thiam, BSGR associate Frederic Cilins, and Mamadie Toure – the fourth and youngest wife of former Guinean...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.