French-Israeli mining tycoon Beny Steinmetz largely lost on Tuesday his appeal in Switzerland against a 2021 corruption verdict linked to mining rights in Guinea. Steinmetz immediately announced he would now take the case to Switzerland's highest court after his setback at the Geneva court of appeals. His team said in a statement that he believed "he will be completely cleared of all charges". Steinmetz was first found guilty by a lower court two years ago of setting up a complex financial web to pay bribes to ensure his company could obtain permits in Guinea's southeastern Simandou region. The area is estimated to contain the world's biggest untapped iron ore depos
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