International mining companies operating in Guinea have reported no impact on operations following the overthrow of President Alpha Conde on Sunday, with AngloGold Ashanti noting its Siguiri gold mine is operating normally.
South African-based AngloGold is maintaining close contact with mine management at Siguiri, 850km NE of Conakry, which produced 117,000oz gold at AISC of $US1,225/oz for the June half-year (H1FY2021). Its priority remains the safety of employees.
The BBC reports coup leader Colonel Mamady Doumbouya reopened the country’s land and sea borders on Monday, a day after troops detained the 83-year-old president and replaced regional governors.
Doumbouya urged miners to continue their operations in the country, one of the world’s largest bauxite suppliers. Aluminium prices hit their highest level in a decade following news of the coup.
GUINEAN COUP LEADERS PROMISE MINERS A SYMPATHETIC HEARING - |