Boké

African Development Bank to Loan Guinea US$100 MM for New Bauxite Mine in Boké Region

African Development Bank to Loan Guinea US$100 MM for New Bauxite Mine in Boké Region

The African nation of Guinea has garnered more investment into its budding bauxite industry, this time in the form of a US$100-million loan from the African Development Bank (AfDB). According to the press release published by the AfDB on Saturday, the multilateral...

Events

Unrest Halts Bauxite Operations in Guinean Port City Kamsar

Rioting has again taken hold of the Guinean port city of Kamsar, blocking roads and rails and disrupting bauxite mining operations. State agencies and Companie Bauxite de Guinee (CBG) officials confirmed the reports, saying that the unrest has caused the company’s bauxite operations to grind to a halt on Tuesday. According to reports, protesters barricaded […]

Deadly Riots Again Grip Guinea’s Bauxite Hub

Deadly rioting has again broken out in the Republic of Guinea’s bauxite capitol according to witnesses who spoke to the media. According to locals, over the course of two days rioters destroyed a police post and vehicle, leading to a lethal response by government forces. They say that rioters also attempted to block bauxite miners […]

China to Loan Guinea US$20 Billion for Access to Bauxite Reserves

The Republic of Guinea will be the recipient of a US$20 billion loan from the People’s Republic of China in exchange for concessions on its significant bauxite ore reserves. According to reporting yesterday by Reuters, the loan will be disbursed over twenty years. The loan will be guaranteed by in-country projects 125 miles northeast of […]

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 Responsable (AMR) sealed a deal earlier this week allowing the latter to mine […]

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 […]