Daniel Balint-KurtiLurid bribery revelations led the government of Guinea to confiscate world-beating iron ore reserves from junior mining company BSG Resources in 2014. So when bitter rival Rio Tinto, owner of a neighbouring concession, detonated a scandal over its own secretive payments, BSGR boss Beny Steinmetz was cock-a-hoop. Developments in this sordid tale have kept the mining world agog. They prove the Guinean government singled BSGR out unfairly, says Beny Steinmetz, the billionaire diamond magnate behind the company. Read more of this reportSource: Global Witness Online(Visited 19 times, 4 visits today)Commentscomments

Source: GNN Liberia March 01, 2017 10:30 UTC