Guinea
Feasibility studies approved for Santou and Houda, making SMB's railway look all the more profitable

SMB's Boffa-Boké Bauxite Project
SMB's Boffa-Boké Bauxite Project © Africa Intelligence/Indigo Publications 2021
Guinean authorities approved the feasibility study to mine bauxite on the Santou II and Houda blocks early January. SMB is currently building a railway to use for export. [...]

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Guinea
Monaco Resources runs into conflict with its Garafiri bauxite partners

Monaco Resources is facing protests over its management of the Garafiri bauxite project. It has been threatened with legal action over payments arrears by the company building the infrastructure needed for the project, while its fellow shareholder is contesting an increase in the capital of their joint project company which he says has diluted his stake in the company.

LogoSubscribers only Infrastructure, Mining 04.03.2021

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