BSGR ordered to pay Vale $1.25bn over case involving ill-fated Guinea joint venture

Industry veteran’s vehicle was asked to develop iron ore deposit in Guinea

Move follows legal battles stemming from allegations it orchestrated bribery scheme

Five people had been held on suspicion of crimes spanning fraud to money laundering

Former UBS banker Mahmoud Thiam ‘channelled $8.5m to mansion purchase and school fees’

Israeli billionaire detained in case involving African mining rights

Anglo-Australian group to defend itself ‘robustly’ in dispute about Guinea iron ore

Simandou has been dogged by delays and disputes

Deal marks an admission of defeat over the Guinea project by Anglo-Australian miner

Mining group Vale and Israeli tycoon Beny Steinmetz accused of conspiring over Simandou iron

Investigators visit Guinea to interview witnesses as part of inquiry into mining deal

Decision is setback for people linked to Israeli tycoon Beny Steinmetz’s mining arm

Brazilian mining group hit by write off on fertiliser operation and dispute over Guinea project

Departure after jail term raises questions over fate of bribery inquiry

Beny Steinmetz loses key UK privacy law case against Global Witness

Authorities obtain permission to seize assets of dictator’s widow, including three properties

Miner’s move adds to legal tie-ups for Simandou site