Beny Steinmetz

We hear Rio has just ten days to accept the transfer of 50% of its licences at Simandou to a rival consortium led by Israel’s Beny Steinmetz and Brazil’s Vale (AC Vol 51 No 18)...

The Minister wants to transfer it to General Resources an Israeli firm controlled by Beny Steinmetz – a move opposed by Thiam’s predecessor Ahmed Kanté (AC Vol 51 No 11 Votes and the mining houses & Promising contracts)...

The government awarded those two blocks to Israel’s Beny Steinmetz who last month brought in Brazil’s Vale (AC Vol 51 No 11)...

Mines Minister Mahmoud Thiam approved a joint venture between the Brazilian giant Vale and General Resources run by Beny Steinmetz (see Box)...

In April the Israeli billionaire Beny Steinmetz sold 51% of his Guinean operations to Brazil’s Vale (AC Vol 51 No 10)...

Jones who leads negotiations with big investors such as BHP Billiton and the Israeli businessman Beny Steinmetz who last month sealed a deal with Guinea to export iron ore via ArcelorMittal’s railway in Liberia (see Box)...

The colourful Israeli billionaire Beny Steinmetz has finalised two remarkable deals this year: he has sold 51% of his iron ore mining operations in Guinea to Brazil’s Vale for US$2...

CIF is also indirectly linked to Beny Steinmetz the Israeli diamond magnate who has won the right to half of Rio Tinto's giant iron ore concession at Simandou (see Feature)...

However Simandou is the site of a lively confrontation between Rio Tinto and Israel’s Beny Steinmetz Global Resources (BSGR) which could drive costs even higher...

The first was Luanshya Copper Mine run by Israeli Beny Steinmetz's Global Resources and Switzerland's International Mineral Resources in December...