Rio Tinto’s Simandou project launches in West Africa, aiming to become the world’s largest mining venture. This $20 billion project combines iron ore extraction with railway and port development in Guinea, pioneering mining operations. The Simandou mountain range in southeast Guinea spans over 100km. Its subsoils contain the world’s largest untapped reserve of high-grade iron […]
Related Posts
Industrial production in Brazil advances in 10 of the 15 locations surveyed by IBGE in May
Industrial production showed positive growth in May across 10 out of 15 surveyed locations in Brazil, according to the Regional Monthly Industrial Survey (PIM Regional) released by the Brazilian Institute of Geography and Statistics (IBGE). The overall growth of the Brazilian industry was 0.3% compared to April. The largest increases were observed in Amazonas (12.8%), […]
El Salvador’s Prisoners Triple, Tops U.S. Rates
El Salvador now has about 100,000 prisoners, says the Security Ministry. This spike follows President Nayib Bukele’s steps against gangs. Since March 2022, police have arrested over 72,600 people for suspected gang links, says Justice Minister Gustavo Villatoro. The country jailed 1.6% of its 6.3 million residents. This is three times higher than the U.S., […]