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Compagnie des bauxites de Guinée (CBG) is a Guinean mining company. Since 1963 it has extracted bauxite from the notable mine in Sangarédi, in Boké Region in Guinea.It is 49% owned by the Guinean State, with the remainder owned by the Boké Investment Company, a 100%-owned subsidiary of Halco Mining, a consortium opened in 1962 by Harvey Aluminum Company to run mining operations in Guinea.
The extent of the fallout from the blast is not yet clear or whether mining operations will be affected in the world's second-largest producer of bauxite. Guinea is not an oil producer and relies ...
Business as usual at Guinea's bauxite mines following a coup early this month and China's campaign to reduce domestic energy consumption have mitigated concerns about supply shortages of the ...
In recent years, the mining industry in Guinea has suffered from controversy, specifically with respect to the iron ore mining industry and the block of mines in Northern Guinea. [8] In 2019, the country was the world's 3rd largest producer of bauxite. [9] In 2023, Guinea became the top source of bauxite for China. [10]
Compagnie des bauxites de Kindia (CBK) is a Guinean company in the mining sector. Since 2001, it has mined the large Kindia Bauxite deposit in Kindia, in Guinea.. Guinea is the fifth largest producer of bauxite in the world, but the country possesses the largest ore reserves.
When Guinea's military toppled president Alpha Conde in a coup on September 5, it assured mining companies that they would be allowed to continue their activities. The military junta promised that ...
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Guinea's transitional authorities have presented a draft of a new constitution which will reduce and set presidential term limits, and potentially allow current military leader Mamady Doumbouya to ...