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Steinmetz sentenced to jail as Simandou concerns persist

Israeli mining magnate Beny Steinmetz found guilty of bribing public officials over Simandou.

The Simandou iron ore deposit located in Guinea's south east

The Simandou iron ore deposit located in Guinea's south east

Steinmetz was found guilty of bribing Mamadie Touré - the fourth wife of Guinea's late president Lansana Conté - with payments of $8.5 million.   In addition to jail time, the court fined Steinmetz...

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