Guinea

Africa Mining: “Guinea GDP growth surges on mining sector rebound” – IMF

Posted on May 4, 2018 by Mozambique Resources Post

Guinea’s economy expanded by more than 8% in 2017 and is on track to grow by around 6% this year on the back of a rebound in the mining sector, the International Monetary Fund (IMF) said on Wednesday.

Opinion: “Mining firms will remain key target for anti-government protesters” – Analyst

Posted on March 23, 2018March 23, 2018 by Mozambique Resources Post

The repeated instances of civil unrest during recent weeks offer yet more evidence that large numbers of Guineans hold the government in complete contempt amid mass school closures and controversy over the recent local elections.

Africa Oil & Gas: Total to Join Guinea Exploration Hunt

Posted on October 9, 2017October 9, 2017 by Mozambique Resources Post

French oil major Total has signed an agreement with Guinea’s national oil company, ONAP, to carry out seismic mapping of deep and ultra deep offshore blocks with an option to acquire three of them, according to a report by Reuters and other news outlets citing a statement released by ONAP on Friday.

Global Markets: Vale transfers stake in Simandou joint venture to BSGR

Posted on March 17, 2015 by Mozambique Resources Post

Vale transferred to BSG Resources (BSGR) the shareholding held in the VGB, a joint venture created with the BSGR to develop an iron ore project in Simandou, Guinea. According to Vale, the transfer of participation does not mean any waiver of Vale´s right to charge BSGR for the loss of investment in the partnership.