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GUINEA

Beijing triggers new dynamic at Simandou

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“Transition in Guinea: what's next after the coup?”

GUINEA

Transition in Guinea: what's next after the coup?

The coup that ousted Alpha Condé on 5 September 2021 in Guinea has ushered in a period of instability, despite the putschists' reassuring words from the start. There is much at stake over the coming months as leaders jostle for power and political alliances take shape, and pressing questions over the mining industry and international partnerships come to the fore.

The creation of Beijing's new iron ore purchasing arm, China Mineral Resources Group, led by Baowu Steel executives, is likely to entail changes for Chinese state firms involved in the two consortiums that own the colossal Guinean deposit. [...] (480 words)

Issue dated 15/09/2022 Reading time 2 minutes

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Mining

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GUINEA
Ansteel Group
Bernard Gomou
China Baowu Steel Group
China Hongqiao Group
China Mineral Resources Group
China Minmetals
Chinalco
Compagnie du TransGuinéen
Guo Bin
Mamadi Doumbouya
Rio Tinto
Simfer
SMB-Winning
United Mining Supply
Weiqiao Aluminium
Wining Constortium Simandou
Winning Shipping
Yao Lin

The $500m stand-off developing over Simandou

The two consortia involved in the Simandou iron ore project seem to be reluctant to pledge the $500m sought by the construction groups to restart the rail construction work that was stopped in 2022. These uncertainties are fuelling renewed tensions.

GUINEA Mining 28/02/2023

Rio Tinto hammers out Simandou final deal details with Conakry

The Anglo-Australian giant's negotiating team is in the home straight of its talks with Guinean authorities and with WCS, the other consortium on the Simandou iron deposit.

GUINEA Mining 08/12/2022

Rio Tinto seeks UN support at Simandou

Anglo-Australian mining giant Rio Tinto just approached UN Capital Development Fund for help developping projects for the local population around the enormous Simandou iron deposit in Guinea.

GUINEA Mining 25/10/2022

WCS works on new Simandou strategy

Winning Consortium Simandou has retained Franco-Australian lawyer Christophe Asselineau, indicating a shift of power between the three partners of the consortium that owns blocks 1 and 2 of the massive iron ore deposit in Guinea.

GUINEA Mining 10/10/2022

Rio Tinto and WCS in talks over Simandou

The Anglo-Australian giant Rio Tinto and Winning Consortium Simandou are finally seeking to coordinate their respective projects at the Simandou iron ore site. These discussions have been made possible by Winning International's newly ascendant position within WCS and a change in the personnel leading the discussions.

GUINEA Mining 27/09/2022

Robert Friedland's discreet meetings with Guinea coup leader Doumbouya

The mining magnate Robert Friedland was received three times in July and September by the Guinean junta leader Mamadi Doumbouya. The billionaire and the colonel discussed at great length projects and strategy for developing the country's mining sector.

Robert Friedland addresses the delegates at the African Mining Indaba 2022 conference in Cape Town, South Africa, May 11, 2022.

GUINEA Mining 31/08/2022

How Doumbouya and Gomou plan to take back control of mines ministry

With Moussa Magassouba's departure from the department now a certainty, the head of state and the prime minister are working to find a replacement. But they intend to continue to oversee the massive Simandou iron project in-person.

On our other sites

Intelligence Online 06/09/2022

China Mineral Resources Group serves as template for Xi's new key sector conglomerates

China Mineral Resources Group looks to be serving as a model for the Chinese Communist Party's efforts to boost the strategic influence of public sector companies in key sectors through the creation of conglomerates formed by existing state-owned groups.

Set up email notifications for these topics

GUINEA
Ansteel Group
Bernard Gomou
China Baowu Steel Group
China Hongqiao Group
China Mineral Resources Group
China Minmetals
Chinalco
Compagnie du TransGuinéen
Guo Bin
Mamadi Doumbouya
Rio Tinto
Simfer
SMB-Winning
United Mining Supply
Weiqiao Aluminium
Wining Constortium Simandou
Winning Shipping
Yao Lin

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Beijing triggers new dynamic at Simandou

Transition in Guinea: what's next after the coup?

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

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Set up email notifications for these topics

The $500m stand-off developing over Simandou

Rio Tinto hammers out Simandou final deal details with Conakry

Rio Tinto seeks UN support at Simandou

WCS works on new Simandou strategy

Rio Tinto and WCS in talks over Simandou

Robert Friedland's discreet meetings with Guinea coup leader Doumbouya

How Doumbouya and Gomou plan to take back control of mines ministry

China Mineral Resources Group serves as template for Xi's new key sector conglomerates

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Beijing triggers new dynamic at Simandou

Transition in Guinea: what's next after the coup?

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

Create your free account

create a free account

Set up email notifications for these topics

The $500m stand-off developing over Simandou

Rio Tinto hammers out Simandou final deal details with Conakry

Rio Tinto seeks UN support at Simandou

WCS works on new Simandou strategy

Rio Tinto and WCS in talks over Simandou

Robert Friedland's discreet meetings with Guinea coup leader Doumbouya

How Doumbouya and Gomou plan to take back control of mines ministry

China Mineral Resources Group serves as template for Xi's new key sector conglomerates

Set up email notifications for these topics

First visit

Contacts

Tools

Follow us

A website produced by

Indigo Publications also publishes: