ISIS claims kidnapping and killing Canadian geologist in Burkina Faso

The government has cancelled all existing permits and will issue no new ones.

More than three years after the debut of the euro zone’s crisis,it is still difficult to map a lasting way out of the economic turmoil that plagues the old continent.

Guinea says the massive iron ore project will miss first production set for 2015.

The firm sold the rough piece in a profit-sharing agreement.

The company will divest its 40% share of leases 83 and 85 which hold the Madu and Anyala fields.

The official version is that the three small-scale miners lost their lives after inhaling excess smoke in a pit during a blast to extract the mineral.

The estimates are "highly uncertain and will remain so until they are extensively tested with production wells."

Company said it would wait until summer to begin.

Beny Steinmetz scores legal victory amid corruption probe into the sale of Guinea's Simandou iron ore licence.