Conakry counting on Monaco Resources to bump up bauxite exports

The state company responsible for marketing Guinea's national mining output, Soguipami, is hoping a local subsidiary of the omnipresent Monaco Resources will help increase its sales, though the Monegasque firm has had trouble getting its projects off the ground in the country. [...]
Published on 05.05.2020 at 05:00 GMT Reading time 2 minutes
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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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