SNIM delays $600m mining tender, EPSA and Norinco still in contention
Africa Business+ sources said Mauritania’s national mining company, its primary foreign exchange earner, is dragging its feet to award a major earthmoving tender to develop new iron ore resources.
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▪ SNIM delays $600m mining tender, EPSA and Norinco still in contention
▪ Africa Business+ sources said Mauritania’s national mining company, its primary foreign exchange earner, is dragging its feet to award a major earthmoving tender to develop new iron ore resources.
▪ https://www.africabusinessplus.com/en/811584/snim-delays-600m-mining-tender-but-epsa-and-norinco-still-in-contention/
The Société Nationale Industrielle et Minière (SNIM), 78.35% state-controlled, has not awarded a contract, declared the contract bid unsuccessful or proposed a new deadline for the validity of the bond to the two contenders – EPSA (Spain) and Norinco (China) – despite the bonding period expiring last February.
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