Africa

French Firm Inks Mining Deal with French-Asian Consortium for Guinean Bauxite

French Firm Inks Mining Deal with French-Asian Consortium for Guinean Bauxite

Deadly protests earlier this spring in Boké did not slow down a recently-executed deal between the Guinean government and a Franco-Asian firm seeking to harvest bauxite ore in the area. Joint French-Chinese-Singaporean venture Societe Miniere de Boke (SMB) and France’s Alliance Miniere...

Events

Riots Wreak Havoc on Guinean Bauxite Production

Social unrest has crippled bauxite production in the Republic of Guinea, jeopardizing the flow of the ore out of the African country that sits atop about one-third of the world’s known reserves. Residents burned tires and set up barricades in Boke to protest power cuts and pollution they say has been the result of mining […]

Mali Triples Bauxite Estimates to 1.63 Billion MT

After a series of significant discoveries, the Republic of Mali’s Chamber of Mines now estimates a tonnage of 1.63 billion metric tons lies beneath the surface of its Falea project, which it says is equivalent to 572 million metric tons of primary aluminium. Chamber of Mines President Abdoulaye Pona informed Reuters earlier this week that […]

National Bauxite Authority to be Established in Months: Ghana’s Akufo-Addo

Ghana’s new president Nana Addo Dankwa Akufo-Addo revealed plans for his government to establish a bauxite and aluminium development authority within the next three months earlier this week. In comments made at the 5th Africa CEO Forum held in Geneva, Switzerland, Akufo-Addo said such a move would help establish a strong aluminium industry in Ghana […]

Ghana to Develop Integrated Aluminium Industry: Mines Minister

The Ghanian Minister of Finance Ken Ofori-Atta told domestic media last week of the government’s intention to fast-track economic development by developing an integrated aluminium industry. Ofori-Atta outlined a six-point plan for developing such an industry: establishing bauxite mines in Awaso, Nyinahin, and Kyebi; building an alumina refinery, most likely in Kyebi; establishing inexpensive and […]