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· Making mining work for Guinea. Feb 16, 2016. EITI Report. Share. Print. RSS. Reforming data collection for improved governance . In 2013, 28% of Guinea’s total state revenue came from the mining sector. However, revenue fell by 20% from USD 369m in 2012 to USD 294m in 2013. Phase 1 would see the development of a greenfield bauxite mine in
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· The mining industry of Guinea was developed during colonial rule. The minerals extracted consisted of iron, gold, diamond, and bauxite. Guinea ranks first in the world in bauxite reserves and 6th in the extraction of high-grade bauxite, the aluminium ore. The mining industry and exports of mining products accounted for 17% of History · Production and impact · Commodities · See also · References
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· Guinea is a country on the West Coast of Africa with a population of around 10.5 million people. The name of the country is derived from the Portuguese word Guinè which is a generic term for black people who live below the Senegal River.
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· Tri-K is a gold project in northeast Guinea with a total Mineral Resource of 3.0 million ounces. In 2013, Feasibility Study work completed on the basis of a heap leach development of only the oxide portion of the orebody showed that the project can support a 7 year life of mine, producing an average of 55,000 ounces of gold per year.
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· Nimba iron ore project is a high-grade, direct shipping ore (DSO) deposit in south-east Guinea, Africa. It is one of the biggest undeveloped on or near-rail DSO projects in West Africa. The project is being developed by West Africa Exploration, a subsidiary of …