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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.
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 ...
Guineans should brace for power cuts, the government has warned, as the country grapples with the aftermath of a deadly explosion at an oil terminal in the capital Conakry that destroyed fuel ...
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.
STORY: Here are five business stories making headlines in sub-Saharan Africa this week.Nigeria's central bank surprised analysts and traders on Tuesday (May 24) by raising the benchmark interest ...
Formerly known as French Guinea, it is today sometimes called Guinea-Conakry to distinguish it from its neighbor Guinea-Bissau and the Republic of Equatorial Guinea. [1] Guinea has abundant natural resources including 25 percent or more of the world's known bauxite reserves. Guinea also has diamonds, gold, and other metals.
(Reuters) -The death toll from a blast and fire at an oil terminal in Guinea's capital, Conakry, has increased to 23 from 13 earlier, and the number of injured has risen to 241 from 178, the ...