Steinmetz’s new lawyer disturbs Vale | Rio Tinto boosts PR in tax renegotiations

After starting a trial in the US to demonstrate that its former partner on the Simandou iron ore project, Beny Steinmetz, had fraudulently invested funds in New York property, the Brazilian mining group Vale believes its opponent's new lawyer has been picked to undermine the proceedings....

Published in the Mining section ?  GUINEA  _ _ FINANCING AND ADVISORY  _ _ 13/05/2021  _ _ Vale contests BSGR's new counsel in $2bn Simandou iron ore battle After starting a trial in the US to demonstrate that its former partner on the Simandou iron ore project, Beny Steinmetz, had fraudulently invested funds in New York property, the Brazilian mining group Vale believes its opponent's new lawyer has been picked to undermine the proceedings.  [...] ?  MADAGASCAR  _ _ EXPLORATION & PRODUCTION  _ _ 13/05/2021  _ _ Rio Tinto pushes its agenda in tax renegotiations QMM, Rio Tinto's division in Madagascar, has scheduled bi-monthly meetings with authorities to discuss its fiscal regime, up for renewal, and recruited a brand new communications team, as well as agency 35° Nord to reinforce public relations over the next year.  [...] ?  MADAGASCAR  _ _ POLITICS  _ _ 13/05/2021  _ _ Mining minister Ravokatra digs in heels over code revamp Fidiniavo Ravokatra has no plans to make concessions on his tax reforms despite an outcry from mining companies.  [...] Get unlimited access to Africa Intelligence's exclusive news SUBSCRIBE ?  ANGOLA  _ _ STATE STRATEGY  _ _ 12/05/2021  _ _ Luanda shuns Antwerp's courtship of its diamonds and stays loyal to Dubai Angola did not respond warmly to the arguments put forward by a delegation of diamond industry leaders from Antwerp, who travelled to Luanda to pursuade João Lourenço to end Dubai's virtual monopoly over the country's diamond production.  [...] ?  UGANDA  _ _ FINANCING AND ADVISORY  _ _ 12/05/2021  _ _ FREE  _ _ Australians warned about Museveni's new production sharing contracts Uganda is a risky place to invest due to lack of clarity on the future of existing exploitation permits and due to changes in taxation under the new Mining Act, according to a consulting firm advising Australian mining and energy groups.  [...] Don't miss out on any report about MINING SECTOR SET UP YOUR WEEKLY REPORT ?

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