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Rio Tinto To Invest $20bn In Guinean Mine

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AFRICANGLOBE - Anglo-Australian miner, Rio Tinto says it is in the final stages of sealing a $20 billion deal on the Simandou mine iron ore deposits in Guinea – the world’s biggest untapped iron ore deposit in West Africa.

Mega-Projects Hire Hundreds of Mozambican Companies

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AFRICANGLOBE - There are now 471 small and medium Mozambican companies who have contracts to supply goods and services to the country’s mega-projects (such as the Mozal aluminium smelter, the natural gas treatment plant run by the South African petro-chemical giant Sasol, and the open cast coal mines operated by Vale of Brazil and the Anglo-Australian company, Rio Tinto).
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