Study hints Predictive Discovery’s Bankan project could be Guinea’s ‘largest gold mine’
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value more than $210 million higher than its capital costs.
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Guinea junta names new mines minister
Guinea’s junta named a new mines minister on Wednesday, state television said, citing a decree that showed the role was given to Bouna Sylla, former head of the state company that managed infrastructure projects on the giant Simandou iron ore project.
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Guinea talks carbon tax on mines as it seeks $4.3 billion loans
Guinea is planning to introduce a carbon tax on mining companies as it started talks with United Arab Emirates investors to raise $4.3 billion to fund development projects.
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Guinea Alumina Corporation offers Guinea its fuel berth, bulk storage for use after blast
Mining News Pro - Guinea Alumina Corporation (GAC), owned by major producer Emirates Global Aluminium, has offered the Guinea government the use of GAC’s fuel berth and bulk storage infrastructure to help deal with the aftermath of an oil terminal blast.
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Guinea halts Simandou iron ore project again
Mining News Pro - Guinea’s mines minister has once again ordered a full suspension of activities related to the Simandou iron ore mine project after the two companies involved missed an extended deadline to agree on a joint venture.
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Guinea gives Simandou iron ore mine developers 14-day deadline
Mining News Pro - Partners in Guinea’s Simandou iron ore mine have 14 days to finalise a joint venture, interim president Mamady Doumbouya said at a meeting with the miners, Rio Tinto and Chinese-backed Winning Consortium Simandou (WCS) on Friday.
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Guinea junta turns up the heat on bauxite miners
Mining News Pro - The military junta that took control of Guinea in September is heaping pressure on multinational miners to refine raw bauxite, a raw material used to make aluminium, to more advanced materials before export.
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Guinea reaches deal with miners to resume Simandou iron ore development
Mining News Pro - Guinea’s ruling junta has reached an agreement with Rio Tinto and a Chinese-backed consortium to resume activities at the huge Simandou iron ore deposit, the mines minister said, after resolving infrastructure disputes.
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A look inside the Guinea mining sector
Mining News Pro - Guinea’s government plans to export half of miners’ output in a push to exert more control over the lifeblood of its economy.
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Guinea junta leader names Savane to top mining ministry post
Mining News Pro - Guinea’s Interim President Col. Mamadi Doumbouya appointed Mohamed Lamine Sy Savane as secretary general of the Ministry of Mines and Geology, state-broadcaster Radio Television Guineenne said late Saturday.
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Guinea’s Junta Urges Miners to Help Break “Resource Curse”
Mining News Pro - Guinea’s military ruler urged miners to support the local economy, even as he reassured the industry that production would be allowed to continue unhindered following a Sept. 5 coup.
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AngloGold Ashanti's Siguiri mine in Guinea operating normally
Mining News Pro - AngloGold Ashanti said its Siguiri gold mine in Guinea was operating normally after the apparent ouster of Guinea's long-serving President Alpha Conde on Sunday.
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Fifteen killed in landslide at Guinea gold mine
Mining News Pro - A landslide at an artisanal gold mine has killed at least 15 people in northeastern Guinea, the government said on Sunday.
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Papua New Guinea’s Ok Tedi mine suspends operations
Mining News Pro - Papua New Guinea’s Ok Tedi Mining Ltd will suspend copper mining for two weeks from Friday because of a steep rise in coronavirus infections in the South Pacific nation, including the mine site.
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Australia restricts travel to Papua New Guinea
Mining News Pro - Australia’s mining industry is bracing for travel interruptions after Prime Minister Scott Morrison barred fly-in, fly-out (FIFO) workers from traveling to and from Papua New Guinea.
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Guinea President retains Magassouba as Mines Minister
Mining News Pro - Guinea President Alpha Conde has retained Abdoulaye Magassouba as mines minister overseeing the West African nation`s bauxite, iron-ore, gold and diamond wealth, according to a decree read on state television on Thursday.
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Guinea approves railroad and port plan for Simandou
Mining News Pro - Guinea’s government has approved a multi-national group’s plan to build a railroad and deep-water port to export output from the massive Simandou iron ore deposit to key markets including China, the world’s top consumer of the commodity.
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Guinea approves infrastructure plan for Simandou iron mine
Mining News Pro - Guinea`s government approved on Thursday a basic agreement for a multi-national consortium to build a railroad and deep-water port to export minerals from the giant Simandou iron ore project.
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West Africa judge finds Guinea guilty of 2012 mine site killings
Mining News Pro - West Africa’s top court ruled on Tuesday that Guinea was responsible for the death of six villagers and the illegal arrest, injury or torture of 15 others during a 2012 protest near an iron ore project owned by Vale and BSG Resources.
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Predictive raises Guinea exploration funds
Mining News Pro - Predictive Discovery will raise A$10.6-million through an institutional placement to fund exploration at its Bankan gold project, in Guinea.
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Coronavirus case emerges at second mine in Papua New Guinea
Mining News Pro - The novel coronavirus has been detected at a second mine in Papua New Guinea, after an employee at the Lihir Mine owned by Newcrest Mining Ltd tested positive for the disease.
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Guinea signs Simandou iron deal with SMB-Winning consortium
Mining News Pro - Guinea on Tuesday signed an agreement with a consortium for the development of its giant Simandou iron ore reserve, another step towards the realisation of a project which it hopes will bring a $15 billion windfall over the 25-year lifespan.
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Papua New Guinea accuses Barrick of plan to illegally export gold
Mining News Pro - Papua New Guinea`s mining regulator said on Friday it is planning to bring criminal proceedings against a Barrick Gold joint venture over what it says was an attempt to illegally export $13-million in silver and gold to Australia.
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Zijin warns Papua New Guinea of anger over end of Porgera
Mining News Pro - China’s Zijin Mining has warned Papua New Guinea that its failure to renew the lease of a gold mine it jointly owns with Barrick Gold Corp there could damage bilateral relations.
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Papua New Guinea forces Barrick out of Porgera
Mining News Pro - Papua New Guinea has swooped in to take control of Barrick Gold’s Porgera gold mine after refusing to extend a special mining lease with the Canadian company.
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