Guinea
Ghantoot boss travels to Conakry amid Monaco Resources scuffle

The Emirati businessman Zayed al Bloushi was recently in Guinea to meet with the authorities to discuss both Ghantoot's projects in the country and its subsidiary MCI's battle with its bauxite partner, Monaco Resources. [...]
Published on 16.04.2021 at 06:00 GMT Reading time 2 minutes
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Guinea
Monaco Resources runs into conflict with its Garafiri bauxite partners

Monaco Resources is facing protests over its management of the Garafiri bauxite project. It has been threatened with legal action over payments arrears by the company building the infrastructure needed for the project, while its fellow shareholder is contesting an increase in the capital of their joint project company which he says has diluted his stake in the company.

LogoSubscribers only Infrastructure, Mining 04.03.2021

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