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Monday, 23 May, 2022

Mining
BSG Resources won Guinea mining rights through bribery, arbiter says
Arbitration ruling over licences for Simandou iron ore project cites ‘overwhelming evidence’ of ‘corrupt practices’
Monday, 29 March, 2021

Legal fight between Vale and Beny Steinmetz takes new twist
Businessman claims miner hid from shareholders the risks of multibillion-dollar deal
Saturday, 6 February, 2021

Beny Steinmetz battles to stay out of jail
Swiss bribery conviction narrows options for Israeli mining tycoon fighting claims for billions of dollars
Thursday, 7 May, 2020

Mining
Vale launches New York front in bitter battle with Beny Steinmetz
Brazilian group alleges tycoon’s family-controlled mining arm fraudulently funnelled $500m into Manhattan real estate
Friday, 29 November, 2019

Steinmetz fails to overturn $1.25bn arbitration award
London High Court tells mining group BSGR ‘no apparent bias or procedural irregularity’
Thursday, 5 September, 2019

Vale SA
Vale and Steinmetz’s BSGR face off in London court
Tuesday, 13 August, 2019

Africa
Beny Steinmetz denies Swiss bribery charges over mining deal
Prosecutor accuses tycoon of ‘bribing foreign officials and forgery’ in Guinea between 2005-10
Wednesday, 24 April, 2019

Mining
Niron Metals Guinea deal plunged into doubt
Wednesday, 24 April, 2019

Mining
Beny Steinmetz group found liable for misrepresentations
BSGR ordered to pay Vale $1.25bn over case involving ill-fated Guinea joint venture
Monday, 15 April, 2019

Mining
Mick Davis comeback orchestrated by Beny Steinmetz’s group
Industry veteran’s vehicle was asked to develop iron ore deposit in Guinea
Wednesday, 10 April, 2019

Vale SA
Vale to pursue BSG Resources for $1.3bn
Wednesday, 7 March, 2018

African companies
Mining arm of Steinmetz business empire falls into administration
Move follows legal battles stemming from allegations it orchestrated bribery scheme
Monday, 14 August, 2017

Energy sector
Israeli police detain billionaire Beny Steinmetz
Five people had been held on suspicion of crimes spanning fraud to money laundering
Thursday, 4 May, 2017

African companies
Ex-Guinea minister convicted of laundering bribes
Former UBS banker Mahmoud Thiam ‘channelled $8.5m to mansion purchase and school fees’
Wednesday, 4 January, 2017

African companies
Beny Steinmetz released from detention in connection with bribery probe
Monday, 19 December, 2016

Energy sector
Beny Steinmetz arrested in Israel in bribery probe
Israeli billionaire detained in case involving African mining rights
Monday, 12 December, 2016

Energy sector
BSGR demands compensation from Rio Tinto over African battle
Anglo-Australian group to defend itself ‘robustly’ in dispute about Guinea iron ore
Thursday, 17 November, 2016

World
Timeline: the battle for Simandou
Simandou has been dogged by delays and disputes
Friday, 28 October, 2016

European companies
Rio Tinto agrees $1.3bn sale of Simandou stake to Chinalco
Deal marks an admission of defeat over the Guinea project by Anglo-Australian miner
Friday, 20 November, 2015

African companies
Court throws out claim that rivals stole Rio Tinto’s Guinea rights
Mining group Vale and Israeli tycoon Beny Steinmetz accused of conspiring over Simandou iron
Friday, 10 July, 2015

European companies
Swiss step up corruption probe into Steinmetz and BSGR
Investigators visit Guinea to interview witnesses as part of inquiry into mining deal
Thursday, 7 May, 2015

African companies
UK anti-corruption agency wins battle for documents in BSGR case
Decision is setback for people linked to Israeli tycoon Beny Steinmetz’s mining arm
Thursday, 26 February, 2015

Energy sector
Vale misses profit forecasts as ore price fall compounds problems
Brazilian mining group hit by write off on fertiliser operation and dispute over Guinea project
Tuesday, 10 February, 2015

African companies
US deports man linked to BSGR probe
Departure after jail term raises questions over fate of bribery inquiry
Sunday, 21 December, 2014

African companies
Israeli billionaire fails to silence critic over mine deal
Beny Steinmetz loses key UK privacy law case against Global Witness