Ten years after the creation of the Société Guinéenne du Patrimoine Minier (Soguipami), its managing director Aboubacar Kagbè Touré was notably upbeat when he attended Mining Indaba, the sector's showcase event in Cape Town in February. Having taken up the role a year ago, he boasted about a turnover of 135bn Guinean francs (more than €14m) and a net result of 80bn Guinean francs. He also managed to slip in the fact that Soguipami contributed 50bn in dividends to the state and paid 35bn in corporate