Gabon says BHP close to Winning Belinga Iron Ore Deposit Rights.January 30-2012.www.businessweek.com/news/2012-01-30/gabon-says-bhp-close-to.
Gabon is close to removing control of its largest iron ore project from China Machinery Engineering Corp,and awarding it to BHP Billiton Ltd"said an official from the African country's mining ministry.
China Machinery said they are still discussing with the Gabon Government on how to solve the problems.
The Mining Company may partner with India's Abhijeet Infrastructure Ltd.In the Belinga project,which requires the construction of a railway,Edzang the Mining Minister said.
BHP is expected to start production from its manganese mine in Gabon this quarter.
Regards Westcott.
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