As it adjusts to post-coup Guinea, the local mining logistics provider UMS, headed by Fadi Wazni, is also facing an arbitration where the firm of French lawyer William Bourdon is representing a client who wants to regain control of a plane both parties are claiming ownership of.
Guinea's state-owned Soguipami mining firm has told the purchaser of Blocks 1 and 2 at Simandou iron ore project to halt the exploitation of granite used to build the site's infrastructure. It claims Winning Consortium hasn't paid the taxes due from this activity, which the firm contests.
Bauxites-Kimbo built a vast, cutting-edge port to evacuate its and its neighbours' bauxite production. For the time being, however, the port is merely a money pit, preventing the company from exploring its mining project.