• Latest
  • Trending
  • All
SPECIAL REPORT ON NIGERIA

Guinea increases control over mining sector, to ship 50% of miners’ output

April 7, 2022
Ban on exports causes massive Lithium build up in Zimbabwe, off-take agreements threatened

Ban on exports causes massive Lithium build up in Zimbabwe, off-take agreements threatened

March 21, 2023
Gold Fields, AngloGold joint venture creates Africa’s largest gold mine in Ghana

Gold Fields, AngloGold joint venture creates Africa’s largest gold mine in Ghana

March 20, 2023
Nigeria launches digital mineral title platform

Nigeria launches digital mineral title platform

November 12, 2022
South Africa’s mining industry posts 4th consecutive quarter of production decline.

Concern rises over South Africa’s coal addiction

September 8, 2022
Sabodala-Massawa, Senegal’s largest gold mine set to increase production

Sabodala-Massawa, Senegal’s largest gold mine set to increase production

September 6, 2022
Nigeria discovers commercial quantity high grade lithium, woos investors

Nigeria discovers commercial quantity high grade lithium, woos investors

September 4, 2022
Low nickel prices halt reopening of ARM’s Nkomati mine

Low nickel prices halt reopening of ARM’s Nkomati mine

September 3, 2022
China, Australia battle for control of massive untapped lithium lode in the Democratic Republic of Congo

Nigeria moves to develop her battery minerals

September 2, 2022
Nigeria, Africa & the $8 Trillion Global Gold Market

Six killed in Burkina Faso gold convoy attack

August 29, 2022
South Africa’s mining industry posts 4th consecutive quarter of production decline.

South Africa’s mining industry posts 4th consecutive quarter of production decline.

August 27, 2022
Asante Gold begins operations at Bibiani mine processing plant

Nigeria, Africa & the $8 Trillion Global Gold Market

August 22, 2022
Platinum-rich Zimbabwe announces new taxes on platinum and lithium

Platinum-rich Zimbabwe announces new taxes on platinum and lithium

July 29, 2022
  • About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, March 22, 2023
  • Login
African Mining & Minerals
  • HOME
  • CENTRAL AFRICA
    • ANGOLA
    • CAMEROON
    • CENTRAL AFRICAN REPUBLIC
    • CHAD
    • CONGO, REPUBLIC OF (BRAZZAVILLE)
    • DEMOCRATIC REPUBLIC OF CONGO (KINSHASA)
    • EQUATORIAL GUINEA
    • GABON
  • EAST AFRICA
    • BURUNDI
    • COMOROS
    • DJIBOUTI
    • ERITREA
    • ETHIOPIA
    • KENYA
    • MADAGASCAR
    • MALAWI
    • MAURITIUS
    • MAYOTTE
    • MOZAMBIQUE
  • NORTH AFRICA
    • EGYPT
    • LIBYA
    • MAURITANIA
    • MOROCCO
    • TUNISIA
    • WEST SAHARA
    • ALGERIA
  • WEST AFRICA
    • BENIN
    • BURKINA FASO
    • CAPE VERDE
    • CÔTE D’IVOIRE
    • THE GAMBIA
    • GHANA
    • GUINEA
    • GUINEA-BISSAU
    • LIBERIA
    • MALI
    • NIGER
    • NIGERIA
    • SENEGAL
    • SIERRA LEONE
    • TOGO
  • SOUTHERN AFRICA
    • BOTSWANA
    • ESWATINI (SWAZILAND)
    • LESOTHO
    • NAMIBIA
    • SOUTH AFRICA
  • MINES
  • MINERALS
  • TRADING
  • TECHNOLOGY
  • BENEFICIATION
  • TRAINING
  • ENVIRONMENT
  • COMPANIES
  • CONTRACTS
  • FINANCE
  • MARKETS
  • FINISHED PRODUCTS
  • EVENTS
  • CONTACT US
African Mining & Minerals
No Result
View All Result
Home Minerals

Guinea increases control over mining sector, to ship 50% of miners’ output

by admin01
April 7, 2022
in Minerals, Guinea, Markets
0
SPECIAL REPORT ON NIGERIA

Bauxite Mining

506
SHARES
1.4k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Bloomberg News

Guinea’s government plans to export half of miners’ output in a push to exert more control over the lifeblood of its economy.

The world’s top bauxite exporter has a law that gives it the right to ship 50% of mining companies’ exports, but it hadn’t put it into effect until now, government spokesman Ousmane Gaoual Diallo said in an emailed statement.

This will now be exercised directly or through an entity acting on behalf of the state, Diallo said. “The implementation will be done in accordance with international best practices,” he said without specifying how logistics would be handled.

Guinea has been expanding government control over its mining sector since President Mamadi Doumbouya seized power in a Sept. 5, 2021 coup. The announcement comes after Doumbouya suspended mining operations at Simandou, one of the world’s largest untapped iron ore deposits, to force miners to agree on an infrastructure financing plan and provide clarification on how Guinea would benefit. 

Despite endemic levels of poverty, the West African nation vies with Australia as China’s largest supplier of bauxite, a reddish ore used to make aluminum. 

Ismael Diakite, president of Guinea’s mining chamber, which brings together the country’s miners, including a Rio Tinto Plc unit, China-backed Societe Miniere de Boke, didn’t immediately answer calls requesting comment.

(By Ougna Camara)

 

Share202Tweet127Send
admin01

admin01

  • Trending
  • Comments
  • Latest
The History of Mining in Africa

The History of Mining in Africa

October 5, 2020
SPECIAL REPORT ON NIGERIA

Top 10 Risks and Opportunities for the Mining Sector in 2021

April 12, 2021
Nigeria moves to become West Africa’s largest steel producer

Nigeria moves to become West Africa’s largest steel producer

June 25, 2020
The DRC and China’s Sicomines: why future deals should be different

The DRC and China’s Sicomines: why future deals should be different

2

Buy, Rent or Lease- Homes, Offices or Lands NIGERIA

0

PMI Limited: Your energy partner for success

0
Ban on exports causes massive Lithium build up in Zimbabwe, off-take agreements threatened

Ban on exports causes massive Lithium build up in Zimbabwe, off-take agreements threatened

March 21, 2023
Gold Fields, AngloGold joint venture creates Africa’s largest gold mine in Ghana

Gold Fields, AngloGold joint venture creates Africa’s largest gold mine in Ghana

March 20, 2023
Nigeria launches digital mineral title platform

Nigeria launches digital mineral title platform

November 12, 2022
African Mining & Minerals

Copyright © 2020 African Mining and Minerals.Com. A PAN MEDIA COMPANY ABUJA, NIGERIA.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

No Result
View All Result
  • HOME
  • CENTRAL AFRICA
    • ANGOLA
    • CAMEROON
    • CENTRAL AFRICAN REPUBLIC
    • CHAD
    • CONGO, REPUBLIC OF (BRAZZAVILLE)
    • DEMOCRATIC REPUBLIC OF CONGO (KINSHASA)
    • EQUATORIAL GUINEA
    • GABON
  • EAST AFRICA
    • BURUNDI
    • COMOROS
    • DJIBOUTI
    • ERITREA
    • ETHIOPIA
    • KENYA
    • MADAGASCAR
    • MALAWI
    • MAURITIUS
    • MAYOTTE
    • MOZAMBIQUE
  • NORTH AFRICA
    • EGYPT
    • LIBYA
    • MAURITANIA
    • MOROCCO
    • TUNISIA
    • WEST SAHARA
    • ALGERIA
  • WEST AFRICA
    • BENIN
    • BURKINA FASO
    • CAPE VERDE
    • CÔTE D’IVOIRE
    • THE GAMBIA
    • GHANA
    • GUINEA
    • GUINEA-BISSAU
    • LIBERIA
    • MALI
    • NIGER
    • NIGERIA
    • SENEGAL
    • SIERRA LEONE
    • TOGO
  • SOUTHERN AFRICA
    • BOTSWANA
    • ESWATINI (SWAZILAND)
    • LESOTHO
    • NAMIBIA
    • SOUTH AFRICA
  • MINES
  • MINERALS
  • TRADING
  • TECHNOLOGY
  • BENEFICIATION
  • TRAINING
  • ENVIRONMENT
  • COMPANIES
  • CONTRACTS
  • FINANCE
  • MARKETS
  • FINISHED PRODUCTS
  • EVENTS
  • CONTACT US

Copyright © 2020 African Mining and Minerals.Com. A PAN MEDIA COMPANY ABUJA, NIGERIA.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In