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BSGR to pay Guinea $5.6 million after losing case over Simandou

Cecilia Jamasmie | May 24, 2022 | 4:19 am Intelligence Africa Iron Ore 

BSG Resources, the mining arm of Israeli tycoon Beny Steinmetz's empire, secured the rights to the vast Simandou iron ore project in Guinea through corrupt practices, an international tribunal has ruled. The World Bank’s International Centre for the Settlement of Investment Disputes...

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