R/€ = 15.47 Change: -0.01
R/$ = 13.27 Change: -0.01
Au 1228.13 $/oz Change: -15.98
Pt 818.50 $/oz Change: -10.77


Guinea retains mining minister in Cabinet reshuffle

By: Bloomberg     28th May 2018 Guinea’s President Alpha Conde appointed a new 33-member Cabinet in which Abdoulaye Magassouba was retained as mines and geology minister, according to a decree read on the West African country’s state-owned broadcaster on Saturday. Mamady Camara, who was Guinea’s ambassador to South Africa, was... 

Guinea gives preliminary go-ahead for new bauxite project

By: Reuters     30th April 2018 Guinea's government said on Friday that it had approved plans to award a mining contract to a Netherlands-based company to develop a $1.4-billion bauxite mine and alumina refinery. Guinea is Africa's top bauxite producer and output more than doubled last year to about 50-million tonnes on the... 

Violent protests in Guinea disrupt some bauxite shipments

By: Reuters     13th March 2018 Opposition supporters in Guinea protested and erected barricades in the mining towns of Boke and Kamsar on Tuesday, disrupting some shipments of the aluminium ore bauxite, industry officials said. The unrest sparked by a row over local elections held in February spread from Conakry, paralysing... 

Guinea's GDM ships first bauxite ore

By: Reuters     1st February 2018 Guinean bauxite mining company La Guineenne des Mines (GDM) shipped the first ore from its project in the western Boke region on Thursday and will target exports of two- to four-million tonnes this year, its chief executive said. The first cargo of 174 000 t of the aluminium ore was loaded onto... 

France-based miner AMR starts bauxite production in Guinea

By: Reuters     13th December 2017 Paris-based miner AMR began production at its Guinean bauxite mine on Tuesday, aiming to produce between 6 million and 10 million tonnes a year of the aluminium ore, the company said. Alliance Miniere Responsable (AMR) was founded by two French businessmen, and major shareholders include former... 

Service impresses, leads to ongoing work at Balama

By: Nadine James     1st September 2017 Prefabricated buildings manufacturer Kwikspace Modular Buildings expects to complete a multimillion-rand project for Mozambique mining company Twigg Exploration & Mining by the end of next month. Kwikspace CEO Shaun McCormack notes that the company first started work on Twigg’s Balama graphite... 

Guinea to host alumina-bauxite symposium in September

By: Ilan Solomons     14th July 2017 The International Bauxite, Alumina and Aluminium Society (IBAAS), in association with geological services provider Camen Resources, will host the sixth edition of the International Bauxite-Alumina Symposium on September 21 and 22 in Conakry, Guinea. The conference will be held in Africa for the... 

Guinea stable, predictable investment destination – Ministry

By: Johane Turkstra     14th April 2017 Guinea is suitable for mining investment, says the Guinea Ministry of Mines and Geology, which will host Symposium Mines Guinea 2017 in Conakry, the country's capital, next month, in partnership with emerging markets-focused business-to-business event organiser AME Trade. The Ministry says the... 

Symposium Mines Guinea

14th March 2017 Now in its 5th edition, Symposium Mines Guinea organised by the Ministry of Mines and Geology, in partnership with AME Trade Ltd, is firmly established as the largest mining event in West Africa and will take place from 9 – 11 May 2017, in Conakry, Republic of Guinea. 

Siguiri mine, Guinea

By: Sheila Barradas     2nd September 2016 A gold mine located about 520 km north-north-east of Conakry, in Guinea. 

Guinea blames Rio Tinto’s ‘rambling’ London team for mine delay

By: Bloomberg     17th August 2016 Guinea’s mineral management company said Rio Tinto Group overstated the Ebola virus’s effect on developing the world’s biggest iron-ore deposit and delayed its plans for the mine to focus on operations in Australia amid a rout in prices for the steelmaking material. “The real causes of the delay... 

Guinea says Rio bound to $20bn mine

By: Bloomberg     6th July 2016 Guinea said Rio Tinto Group must honour its commitment to develop the world’s largest untapped iron-ore deposit, after the company’s CEO signalled it may delay building the $20-billion mine and related infrastructure because of low prices. Guinea is counting on Rio and other investors, including... 

Rio Tinto chief shelves giant Guinea iron-ore project – newspaper

By: Reuters     5th July 2016 Rio Tinto has shelved its $20-billion Simandou iron-ore project in Guinea because of a sustained slump in prices, the company's new CE Jean-Sebastien Jacques said in an interview with The Times newspaper. Rio Tinto declined to comment on the article. 

Three Canadian provinces in top ten of Fraser Institute’s Policy Perception Index

By: Henry Lazenby     10th March 2016 Three Canadian provinces rated tops in the Fraser Institute’s Policy Perception Index (PPI), although Australia surpassed Canada in 2015 to become the most attractive region in the world for investment. However, only two Canadian jurisdictions (Saskatchewan at 2 and Quebec at 8) were in the top... 

Guinea project’s maiden resource confirms potential to stakeholders

By: Natasha Odendaal     6th January 2015 The independent maiden inferred mineral resource estimate for the Toubal bauxite deposit, in Guinea, West Africa, has been labelled an important milestone for Irish-registered Anglo-African Minerals (AAM) subsidiary Tougué Bauxite and Alumina Corporation (Toubal). AAM CEO James Lumley said in an... 

Mali eyes $9.5bn rail projects to unlock iron ore, bauxite deposits

By: Reuters     27th October 2014 Landlocked Mali aims to diversify its mining sector away from gold with Chinese-built rail projects worth $9.5-billion that would link it to the Atlantic coast, even as slowing Chinese growth and falling commodity prices cool investment. The West African nation - the continent's third-largest... 

Bellzone announces dispute with Guinea JV trans-shipper

By: Natalie Greve     20th June 2014 After delivering 268 000 t of iron-ore to market thus far this year, Aim-listed Bellzone Mining’s 50%-owned Forecariah joint venture (FJV) operation, in Guinea, is now in dispute with its contracted barge operator. The iron-ore producer said in a statement on Friday that it had recently been... 

Simandou bodes well for Cape Lambert project

By: Esmarie Swanepoel     19th June 2014 ASX-listed Cape Lambert Resources on Thursday noted that mining giant Rio Tinto’s development of the $20-billion Simandou iron-ore project, in Guinea, could offer an infrastructure solution for its own Sandenia project. Rio and its partners Chinalco and the International Finance Corporation last... 

The indaba’s value lies in its networking opportunities

By: Ilan Solomons     24th January 2014 Iron-ore, diamonds and ferronickel mining company BSGR Mining & Metals CEO Marc Struik says he will attend the 2014 Investing in African Mining Indaba to network with potential investors and other mining industry stakeholders. “Meeting with bankers, financiers and mining juniors and majors, as... 

China increasingly looking to Africa for iron-ore supply

By: Leandi Kolver     26th July 2013 A decrease in the grades of iron-ore produced in China, and reduced Indian exports, as a result of high taxes and mining bans, were providing an opportunity for new iron-ore supply to come on line to fuel China’s urbanisation, minerals industry consultancy Kai Batla geologist Anika Solanki said... 

Guinea publishes mining deals online in transparency bid

By: Reuters     15th February 2013 Guinea's government published contracts it has signed with mining firms including majors Rio Tinto and Rusal in a bid for more transparency in a sector plagued by corruption and mismanagement. President Alpha Conde vowed after taking office in 2010 following his election to revamp the... 

Guinea targets 3 firms in resource contract review - source

By: Reuters     9th November 2012 Guinea is focusing a review of its resource contracts on three deals that it says were signed under murky conditions, including an agreement involving one of the world's biggest iron-ore deposits, a source close to the review said. They include BSG Resources' deal to obtain half of the giant... 

CIM launches branch, initiatives for West African mining

By: Henry Lazenby     12th October 2012 The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) on Friday said it had launched its first African branch in Dakar, Senegal, from which it intended to manage a number of new initiatives aimed at improving collaborative endeavours with West African countries. The CIM said the... 

West Africa emerging as new Pilbara as miners race to develop iron-ore projects

By: Joanne Taylor     5th October 2012 A ‘new’ iron-ore deposit in West Africa is being explored and global analysts claim that it could be as abundant as the Pilbara deposit in Australia. 

Company Announcement:AIOG and SOGUIPAMI form JV for 51% ownership of Simandou South Infrastructure Company SPV Simfer

25th May 2012 Conakry, Geneva and London: African Iron Ore Group Limited and Société Guinéenne du Patrimoine Minier, the Government of the Republic of Guinea’s investment vehicle, are pleased to announce their agreement to form a joint venture company, Infrastructures Minières de Guinée Holdings Ltd 


By: Site Administrator     25th May 2012 Tenders for work in the rest of Africa excluding South Africa  


By: Site Administrator     18th May 2012 Tenders for work in the rest of Africa excluding South Africa  


By: Site Administrator     11th May 2012 Tenders for work in the rest of Africa excluding South Africa  


By: Site Administrator     4th May 2012 Tenders for work in the rest of Africa excluding South Africa  


By: Site Administrator     27th April 2012 Tenders for work in the rest of Africa excluding South Africa  

Rio says Simandou JV formed, Chalco makes $1.35bn payment

By: Creamer Media Reporter      25th April 2012 Diversified mining group Rio Tinto and a consortium led by Chalco, a subsidiary of State-owned Aluminium Corporation of China, have completed the Simandou joint venture (JV), after receiving Chinese regulatory approval. The Chinese approval triggered an earn-in payment of $1.35-billion from... 


By: Site Administrator     20th April 2012 Tenders for work in the rest of Africa excluding South Africa  


By: Site Administrator     13th April 2012 Tenders for work in the rest of Africa excluding South Africa  


By: Site Administrator     6th April 2012 Tenders for work in the rest of Africa excluding South Africa  


By: Site Administrator     30th March 2012 Tenders for work in the rest of Africa excluding South Africa  


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