RusAl/Friguia: a strike to test Alpha Conde
Tension is near breaking point between RusAl and president Alpha Conde. The Friguia alumina refinery that the Russian group manages [...]
Published on 12 April 2012
Conde and Ouattara put stamp on mining
Guinea and Ivory Coast's presidents Alpha Conde and Alassane Ouattara have become heavily involved in their countries' mining industries and diminished the roles of their respective ministers for mining. Whether this is a transitory measure or something longer term remains to be seen. What is clear is that the power shift in mining in Guinea has led to some major changes in the way the industry is conducted, and similar changes are on the cards in Ivory Coast. It has therefore become more important than ever to understand who is pulling the strings in these two strategic West African countries.
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GUINEA
24/04/2012
President quashes mining reform bill
An attempt by mines and oil minister Adama Toungara to win back control of Ivory Coast’s mining sector (AMI 270/271) by submitting a new mining bill looks unlikely to succeed. Indeed, the opposite seems the case. [...]
GUINEA
03/04/2012
Mining code : Avocet asks for clarification
Brett Richards, president of Avocet Mining, the parent company of [...]
IVORY COAST
03/04/2012
Ivory Coast weighs its options
Ivory Coast’s government is about to embark on new mining reforms. According to Africa Mining Intelligence’s sources in Abidjan, current [...]
IVORY COAST
20/03/2012
Tau Gold boss on a special mission
Jonathan Schneider, chairman of the Taurus Gold mining company, made a quick trip to Ivory Coast on March 6 to [...]
Toungara to start issuing licenses in April
The license drought could be ending for mining companies that have been applying in vain for over a year for new mining rights. Hopeful signs have emerged from the mines ministry to indicate licenses could shortly be awarded. [...]
CBG: Secret pact with UAE’s Mubadala
A long-standing stakeholder in Guinea with a holding in the Sangaredi alumina refinery project managed by the Guinea Alumina Corp (GAC), the United Arab Emirate’s Mubadala Development Co has signed a highly discreet framework agreement with Conakry that enables it [. [...]
Mines ministry could be shorn of powers
Formed under new mining legislation last September, the Societe Guineenne du Patrimoine Minier (SOGUIPAMI) henceforth enjoys a lot of new powers, and that could well be at the mines ministry’s expense. What is certain is that the new organization underscores [. [...]
GUINEA
24/01/2012
George Soros
The key role that American billionaire George Soros is playing with regards Guinea’s leadership has been confirmed (AMI 242/ 245). [...]
GUINEA
24/01/2012
Semi-freeze on mining rights
Ever since the management of mining licenses was reorganized and [...]
Toungara not the master in his mansion
The works seem totally gummed up at Adama Toungara’s mines, oil and energy ministry even though he is close to president Alassane Ouattara. Mining companies which applied for concessions in 2011 are losing patience waiting for green lights. [...]
GUINEA
20/11/2011
Conde forced to suspend mining code
Adopted on Sept. 9 by the National Transition Council and promulgated the same day by the president, new mining legislation [...]
GUINEA
08/11/2011
Aly Berete
Two close associates of Guinea president Alpha Conde, Aly Berete and Elhadj Daouda Cisse, have found themselves battling for control [...]
GUINEA
27/09/2011
Mining Code slammed
The GIM consultancy staffed by around 20 former ministers and [...]
All the president’s men, and mines
Mining companies operating in Guinea are coming under growing "administrative" pressure. Early September, a few days before the voting of the new mining code, president Alpha Conde, threw a spanner of sorts into the management of companies involved in mining [. [...]
GUINEA
13/09/2011
Aboubacar Kagbe Toure Free
On Sept. 2, Guinea president Alpha Conde confirmed Aboubacar Kagbe Toure in the highly coveted post of deputy managing director [...]
GUINEA
29/08/2011
Conde locks up mining sector
A mere blueprint before this summer, reforms of Guinea’s mining sector speeded up in August with prodding from president Alpha [...]
Conde’s family ties to mining industry
Although elected president only six months ago, Alpha Conde has long had connections with the mining industry, particularly through his family. Along with farming, mining ranks as Guinea’s big money-spinner. As soon as he came to office, Conde named one of [. [...]
GUINEA
28/06/2011
Nationalisation in store for Guinea?
The office of Guinea’s president has just completed drafting a new mining code (No.06/PRG/mccm/2011) that replaces a code drawn up [...]
GUINEA
18/01/2011
How Soros is backing new leader Free
According to Africa Mining Intelligence’s sources, Guinea president Alpha Conde called on billionaire George Soros early this month for assistance [...]