Compagnie des Bauxites de Guinée

Fluor’s Expansion Of Guinea’s Kamsar Mine Yields First Bauxite Production

Fluor’s Expansion Of Guinea’s Kamsar Mine Yields First Bauxite Production

Fluor Corporation’s Compagnie des Bauxites de Guinée (CBG) has produced the project’s first ore according to a company press release. According to the statement, production at the Bauxite Production Expansion Project in Kamsar continues on schedule and within budget. Tony Morgan, president...

Events

Drop in Guinea’s Expected Economic Growth Blamed on Deadly Bauxite Riots

Riots this summer in Guinea’s Boké region sent ripples through the African nation’s economy, as the country’s budget minister blamed the unrest on the loss of nearly a full percentage point of forecast economic growth next year. According to comments by Budget Minister Mohamed Lamine Doumbouya, the government lowered its growth forecast from 6.7 percent […]

Rio Tinto’s First-Half Aluminium Production at Record Levels

Anglo-Australian mining titan Rio Tinto reported financial results for the first half of 2016 yesterday. The firm credits strong performances in bauxite and aluminium as contributing to their strong performance in the half. “Rio Tinto has generated net cash from operating activities of $3.2 billion and reported underlying earnings of $1.6 billion, against a backdrop […]

Fluor Wins Guinea Bauxite Expansion Contract

American multinational engineering and construction firm Fluor Corporation announced yesterday that it has been awarded an engineering, procurement and construction management contract for Compagnie des Bauxites de Guinée’s (CBG) Bauxite Production Expansion Project in Kamsar, Guinea. The firm says the contract will be worth US$501 million. The project in question will expand production by four […]