In the midst of coup, Monaco Resources shakes up bauxite mine leadership

A few days before the coup that ousted Alpha Condé, Monaco Resources's subsidiary Société des Bauxites de Guinée, which operates a bauxite mine in the country, decided to part with its managing director. [...]
Published on 08.09.2021 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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