Once cause for Beny Steinmetz's undoing, mining title review is back on the cards
The Guinea government has decided to review all existing mining contracts in the country to detect - and flush out - any tax exemption inconsistences. Its previous review cost Beny Steinmetz's company its rights to the Simandou iron ore mine. [...]
Stampede on bauxite to fuel Chinese refiners
Rocketing Chinese demand for bauxite is transforming Guinea, home to vast reserves of the ore, into an Eldorado. New foreign players are trying to muscle in alongside giants Compagnie des Bauxites de Guinee (CBG) and Societe Miniere de Boke (SMB), [. [...]
Is the Banque de developpement de Guinee Malaysia's Trojan horse?
The Banque de Developpement de Guinee (BDG), 75% owned by Asian funds and directed by Malaysians, is racking up precious metals projects in Guinea. The bank's directors also have their own companies in the sector, operating under the protection of [. [...]