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Guinea

Guinea

Population: 12.39 mn.
GDP: $8.2 bn.
Debt: $1.37 bn.

news from Guinea

Category: all

Found 134 articles.

Displaying 21-30 out of 134 results.

Condé pushes for new mine

The President wants at least one new mining project up and running by the time of this year’s presidential election

In his haste to make new mining deals with Chinese bauxite companies, President Alpha Condé has stepped on some toes, including those of the British government.


Massacre? Moi?

January saw the birth of a new party – Forces patriotiques pour la démocratie et le développement (FPDD). The similarity to the name the last military junta gave itself, the Consei...


A dream deferred

The economic slowdown, low steel demand and law suits block the development of the world’s largest iron ore deposit

Potential can be a heavy burden. That is the feeling in Conakry as President Alpha Condé and his advisors watch the prospects of economic development financed by minerals re...


Never give it up

Tycoon Beny Steinmetz is using every device he can to contest the Conakry government's decision to take away his iron-ore mining licence. Steinmetz, who is under investigation, alo...


Capital flight

A storm broke over President Alpha Condé's government after Senegalese customs seized US$8 million in US dollar and euro banknotes from a small aircraft that had flown from ...


Rio's grand suit

No sooner had the Guinean government cancelled the licences of Beny Steinmetz and Brazil's Vale for the Simandou iron ore deposit than Rio Tinto sued them in New York. The claim fo...


Beny fights on

If the Guinean government cancels the licences of the Beny Steinmetz Group Resources to exploit Blocks 1 and 2 of the Simandou iron-ore reserves, the BSGR will continue its legal f...


Condé tests Steinmetz

This month, ministers in Conakry are due to announce a landmark decision on the future of the world's biggest iron ore reserves

Beny Steinmetz, the Israeli billionaire whose stake in Guinea's giant Simandou iron ore deposit is in dispute, is having a bad year. Last month, Beny Steinmetz Group Resources rece...


Reform gives way to politics

Convening Parliament might take debate off the streets but it won’t heal divisions. A weak metals markets will delay resolution of mining disputes

Guinea completed the transition to democracy late last year, when it confirmed its first elected National Assembly in over a decade (AC Vol 54 No 21, Troubled polls favour Cond&eac...


Displaying 21-30 out of 134 results.