Search Results for: BSG Resources

By News Brief On Friday, November 20th, 2015

Steinmetz, BSG Resources Win Dismissal of Billion Dollar Rio Tinto Lawsuit

(CN) – A federal judge has thrown out Rio Tinto’s lawsuit claiming Brazilian mining giant Vale S.A. and an Israeli diamond magnate conspired to steal an iron ore reserve in southeast Guinea potentially More...

By Clive Minchom On Thursday, May 8th, 2014

Beny Steinmetz’ BSG Resources Starts Arbitration Process Against Guinea Government In Mining Dispute

  –  – Beny Seinmetz’s African mining exploratory and development company, BSG Resources, yesterday announced it had taken what it termed was the first preparatory step to initiate arbitration More...

By Clive Minchom On Wednesday, April 9th, 2014

Beny Steinmetz’s BSG Resources May Lose Guinea Iron Ore Concession : Enquiry Report Published

– – The West African nation of Guinea today published the findings of a study it had undertaken into the propriety of the award by the Government of Guinea six years ago of exceptionally valuable iron More...

By Jewish Business News On Monday, December 11th, 2017

Billionaire Beny Steinmetz’s BSGR will return to operate Simandou mine in Guinea

  The Guinea government has initiated secret negotiations with the BSGR mining company owned by billionaire Beny Steinmetz to reach an agreement that will end the conflict between the two sides. As part of More...

By Shiri Hadar On Monday, August 14th, 2017

Corruption scandal: Israeli billionaire Beny Steinmetz Arrested Over Suspected Bribery, Money-laundering

  Israeli Police arrested on Monday morning the billionaire Beny Steinmetz, along with a well-known strategic adviser and three other business people and senior officials, for questioning under caution over More...

By Shai Genish On Saturday, April 15th, 2017

George Soros Sued by Israeli billionaire Beny Steinmetz in $10 Billion Mine Brawl, Bloomberg

  Israeli billionaire Beny Steinmetz’s company BSG Resources Ltd. filed a suit on Friday in Manhattan federal court, against the Jewish-billionaire philanthropist George Soros, for $10 billion, Bloomberg More...

By Clive Minchom On Monday, December 19th, 2016

Billionaire Steinmetz under house arrest for bribery Suspicion

A number of news sites are reporting that Beny Steinmetz, an Israeli billionaire, who has for some years been involved in a long-running dispute with authorities over rights to one of the world’s most valuable More...

By Clive Minchom On Saturday, July 26th, 2014

Former Middleman For Beny Steinmetz Gets Two Years In Jail In African Mining Case

– – Mining middle man Frederic Cilins was sentenced yesterday to two years in prison by a New York Judge, District Judge William H. Pauley III, for obstruction of justice in a case relating to More...

By Clive Minchom On Monday, May 19th, 2014

Beny Steinmetz Sees Guinea Mining Project Slipping Even Further Away

– – In a what may described as something of a preemptive strike, the CEO of mining giant Rio Tinto has launched a bazooka attack aimed directly at Beny Steinmetz’s BSG Resources and its erstwhile More...

By Tali Tsipori On Thursday, May 1st, 2014

Australian Rio Tinto sues Beny Steinmetz over Guinea mine

– Rio Tinto accuses BSG and Vale of stealing its rights in Guinea’s iron-ore concession. – – Australian mining giant Rio Tinto Ltd. (NYSE; LSE; ASX: RIO) accuses Brazil’s Vale SA (Bovespa: More...

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