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Guinea
Battle begins for top mining ministry job

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“Transition: what's next after the coup?”

Guinea

Transition: what's next after the coup?

The coup that ousted Alpha Condé on 5 September 2021 in Guinea has ushered in a period of instability, despite the putschists' reassuring words from the start. There is much at stake over the coming months as leaders jostle for power and political alliances take shape, and pressing questions over the mining industry and international partnerships come to the fore. [...]

The post of mines and geology minister, which involves overseeing Guinea's biggest economic sector, is highly coveted. With efforts currently under way to form a first post-coup government, it is attracting a lot of applicants. [...]

Published on 28/09/2021 at 06:00 GMT Reading time 4 minutes

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Mining

Read this article in our running story

“Transition: what's next after the coup?”

Guinea

Transition: what's next after the coup?

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Abdoulaye Magassouba
Ahmed Kante
Alpha Conde
Beny Steinmetz Group Resources
Centre for Mining Promotion and Development
Guinea Alumina Corp
Ibrahima Kassory Fofana
Lansana Conte
Malick N'diaye
Mamadou Doumbouya
Mamady Fofana
Mohamed Conde
Mohamed Diane
Mohamed Lamine Sy Savane
Moussa Dadis Camara
National Rally and Development Committee
Rusal
Saadou Nimaga
Soguipami
Soriba Cissé
Vale
Winning Consortium Simandou

Inner circles | Guinea
Doumbouya maintains ever tighter grip on mining sector

Moussa Magassouba, appointed head of the Guinean Ministry of Mines and Geology after the September 2021 coup, coordinates the beating heart of Guinean economy. However, he has been subject to frequent criticism from both civil society organisations and members of the government.

Subscribers only Mining 17.06.2022

Guinea's Minister of Mines Moussa Magassouba in front of a portrait of President Mamadi Doumbouya.

Guinea
Alpha Condé's RPG succession to be decided in crucial closed-door meeting

Having appointed Ibrahima Kassory Fofana as interim president of the RPG on 7 March, the party leadership is due to meet again on 10 March as several party officials are challenging the appointment of the former prime minister.

Subscribers only Politics 10.03.2022

Guinea's former prime minister Ibrahima Kassory Fofana.

Guinea
Doumbouya seeks slice of gold exports to replenish its coffers

Equipped with a brand new digital platform for processing foreign trade operations, the Guinean state intends to finally implement a rule that has been in place for several years requiring revenue from exports, especially gold, to be repatriated.

Subscribers only Mining 28.01.2022

Guinea
Junta leader Doumbouya forms government but retains tight control of mining sector

Having arrived in power after staging a coup against Alpha Condé, Mamady Doumbouya has now put the finishing touches to his government. But the mining portfolio, the most important in the country, has been divested of some its key prerogatives, ensuring that the junta leader remains in firm control of the engine room of the Guinean economy.

Subscribers only Mining 12.11.2021

Guinea
Gaby Peretz in Conakry

A Bombardier Global 5000 aircraft registered VP-CSB and operated by a Cayman Islands company was stationed in Conakry from 1 November at 6pm until around the same time on 4 November. Several Israeli businessmen were reportedly on the trip.

Subscribers only Defence, Business 08.11.2021

Guinea
Niron Metals still facing murky future on Beny Steinmetz's former Zogota iron ore project

On top of a state coup, the departure of its majority shareholder Sir Mick Davis and intrinsic logistical issues on its Zogota iron ore project, Niron Metals is facing yet another major hurdle: its rights to the site only covered a feasibility assessment which even that, it is struggling to finish.

Subscribers only Mining 25.10.2021

Guinea, Liberia
Rattled Nimba iron project shareholders launch charm offensive in Liberia

Robert Friedland's group, which operates the Nimba iron ore project in Guinea, has launched a website extolling its activities in Liberia to show the country that it can boost its economy. It is rattled by a new agreement between ArcelorMittal and Monrovia.

Subscribers only Mining 12.10.2021

The Canadian mining magnate Robert Friedland, who is also the chief executive of Ivanhoe Mines.

Guinea
Monaco Resources and its co-shareholder back in court

On 8 October, a hearing over a contested increase in capital by Société des bauxites de Guinée, majority-owned by Monaco Resources, will take place.

Subscribers only Mining 07.10.2021

Guinea
UMS call on TechnipFMC for steelworks and oil refinery

The Guinean mining logistics firm United Mining Supply has solicited TechnipFMC to conduct a feasibility study for two new projects.

Subscribers only Energy, Mining 04.10.2021

Fadi Wazni (right), CEO of UMS, signed an agreement in February with Diakaria Koulibaly, the then Minister of Hydrocarbons, to carry out a study on the construction of an oil refinery in Moribayah.

Guinea, Liberia
Post-coup, new ArcelorMittal-Monrovia deal problematic for iron explorers

On 10 September, the Liberian government signed an agreement with ArcelorMittal to expand the Yekepa iron mine, creating unrest among Guinean miners, who need the Liberian railway to develop their own iron projects.

Subscribers only Mining 27.09.2021

Guinea
Will junta respond to IMF concerns over fiscal transparency in mining sector?

Prior to the coup that toppled Alpha Condé, the government had been actively engaged in responding to the IMF, which had expressed reservations over the reliability of the tax declarations of mining companies active in Guinea, and of Chinese operators in particular.

Subscribers only Mining 16.09.2021

Spotlight | Guinea
Unpanicked by coup, mining groups start planning for transition

The ousting of President Alpha Condé by Col Mamady Doumbouya has not, as yet, affected the country's mining operations. In company headquarters, mining executives are waiting for the junta's next moves and making plans to manage the transition.

Subscribers only Mining, Business 07.09.2021

Inner circles | Guinea
Magassouba and Nimaga, the dynamic duo running the mining ministry

Abdoulaye Magassouba has been reappointed as Minister of Mines and Geology in Alpha Condé's first third-term government. His dominant position as head of the sector which brings in the most revenues for the state often comes under challenge, however, from the ministry's all-powerful secretary general, Saadou Nimaga.

Subscribers only Mining 07.05.2021

The Minister of Mines Abdoulaye Magassouba (left) and his secretary-general, Saadou Nimaga.

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Abdoulaye Magassouba
Ahmed Kante
Alpha Conde
Beny Steinmetz Group Resources
Centre for Mining Promotion and Development
Guinea Alumina Corp
Ibrahima Kassory Fofana
Lansana Conte
Malick N'diaye
Mamadou Doumbouya
Mamady Fofana
Mohamed Conde
Mohamed Diane
Mohamed Lamine Sy Savane
Moussa Dadis Camara
National Rally and Development Committee
Rusal
Saadou Nimaga
Soguipami
Soriba Cissé
Vale
Winning Consortium Simandou

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Guinea
Battle begins for top mining ministry job

Transition: what's next after the coup?

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Transition: what's next after the coup?

Set up email notifications for these topics

Inner circles | Guinea
Doumbouya maintains ever tighter grip on mining sector

Guinea
Alpha Condé's RPG succession to be decided in crucial closed-door meeting

Guinea
Doumbouya seeks slice of gold exports to replenish its coffers

Guinea
Junta leader Doumbouya forms government but retains tight control of mining sector

Guinea
Gaby Peretz in Conakry

Guinea
Niron Metals still facing murky future on Beny Steinmetz's former Zogota iron ore project

Guinea, Liberia
Rattled Nimba iron project shareholders launch charm offensive in Liberia

Guinea
Monaco Resources and its co-shareholder back in court

Guinea
UMS call on TechnipFMC for steelworks and oil refinery

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Post-coup, new ArcelorMittal-Monrovia deal problematic for iron explorers

Guinea
Will junta respond to IMF concerns over fiscal transparency in mining sector?

Spotlight | Guinea
Unpanicked by coup, mining groups start planning for transition

Inner circles | Guinea
Magassouba and Nimaga, the dynamic duo running the mining ministry

Set up email notifications for these topics

About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

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Guinea Battle begins for top mining ministry job

Transition: what's next after the coup?

This article may be accessed by subscribers

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Create your free account

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Transition: what's next after the coup?

Set up email notifications for these topics

Inner circles | Guinea Doumbouya maintains ever tighter grip on mining sector

Guinea Alpha Condé's RPG succession to be decided in crucial closed-door meeting

Guinea Doumbouya seeks slice of gold exports to replenish its coffers

Guinea Junta leader Doumbouya forms government but retains tight control of mining sector

Guinea Gaby Peretz in Conakry

Guinea Niron Metals still facing murky future on Beny Steinmetz's former Zogota iron ore project

Guinea, Liberia Rattled Nimba iron project shareholders launch charm offensive in Liberia

Guinea Monaco Resources and its co-shareholder back in court

Guinea UMS call on TechnipFMC for steelworks and oil refinery

Guinea, Liberia Post-coup, new ArcelorMittal-Monrovia deal problematic for iron explorers

Guinea Will junta respond to IMF concerns over fiscal transparency in mining sector?

Spotlight | Guinea Unpanicked by coup, mining groups start planning for transition

Inner circles | Guinea Magassouba and Nimaga, the dynamic duo running the mining ministry

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Guinea
Battle begins for top mining ministry job

Inner circles | Guinea
Doumbouya maintains ever tighter grip on mining sector

Guinea
Alpha Condé's RPG succession to be decided in crucial closed-door meeting

Guinea
Doumbouya seeks slice of gold exports to replenish its coffers

Guinea
Junta leader Doumbouya forms government but retains tight control of mining sector

Guinea
Gaby Peretz in Conakry

Guinea
Niron Metals still facing murky future on Beny Steinmetz's former Zogota iron ore project

Guinea, Liberia
Rattled Nimba iron project shareholders launch charm offensive in Liberia

Guinea
Monaco Resources and its co-shareholder back in court

Guinea
UMS call on TechnipFMC for steelworks and oil refinery

Guinea, Liberia
Post-coup, new ArcelorMittal-Monrovia deal problematic for iron explorers

Guinea
Will junta respond to IMF concerns over fiscal transparency in mining sector?

Spotlight | Guinea
Unpanicked by coup, mining groups start planning for transition

Inner circles | Guinea
Magassouba and Nimaga, the dynamic duo running the mining ministry