Focus GUINEA Issue dated 25/01/2021

Conakry seeks to make Monaco Resources go-to firm for bauxite trade

The Guinean government, pushing pooling in the mining sector to the extreme, is seeking to impose Monaco Resources as the go-to firm for marketing bauxite produced by firms less experienced in trading. The move comes as mining companies are experimenting with sharing capacity or infrastructure, an often fraught process. [...] (1112 words)
Loading of bauxite from CBG's Sangaredi mine.
Loading of bauxite from CBG's Sangaredi mine. © Jean-Claude Moschetti/Réa
The Guinean government, pushing pooling in the mining sector to the extreme, is seeking to impose Monaco Resources as the go-to firm for marketing bauxite produced by firms less experienced in trading. The move comes as mining companies are experimenting with sharing capacity or infrastructure, an often fraught process. [...] (1112 words)
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