Published on 12 April 2012

Conde and Ouattara put stamp on mining

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.

This article may be accessed by subscribers and e-wallet holders (EUR 40)
Log in to read more

Subscribe or Pay-Per-Article
Discover our offers
GUINEA 24/04/2012

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 [...]

Spotlight IVORY COAST 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 [...]

Spotlight IVORY COAST 20/03/2012

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. [...]

Spotlight GUINEA 06/03/2012

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 [. [...]

Spotlight GUINEA 21/02/2012

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 [...]

Spotlight IVORY COAST 10/01/2012

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 [...]

Spotlight GUINEA 27/09/2011

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 [...]

Spotlight GUINEA 12/07/2011

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 [...]

New: Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

By continuing your visit to this site, you accept the use of cookies allowing us to adapt and enhance your experience. Read more