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Vale mulls legal action over lost iron ore rights in Guinea

Cecilia Jamasmie | April 28, 2014 | 1:36 pm Africa Europe Latin America Iron Ore 

Brazil's Vale (NYSE:VALE) is contemplating legal actions over lost iron ore rights in Guinea, after the West African nation officially cancelled Friday the miner’s iron ore licences in the mineral-rich Simandou mountains. The move came two weeks after a government inquiry in...

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