Assurances by the leaders of the weekend military coup in Guinea have been welcomed by several international miners operating in the West African nation, one of the world’s major producers of bauxite and rich in minerals including iron ore, gold and diamonds.
Coup leader Colonel Mamady Doumbouya has urged mining companies to continue their operations and exempted them from a nationwide curfew.
Lindian Resources, which is pursuing low-capex early production scenarios for its three bauxite projects, says the situation remains fluid but its contractors and employees in-country are able to continue their daily business.
Fellow Australian company Polymetals Resources, which is exploring gold opportunities in Guinea’s Siguiri Basin, says its employees are well distanced from any military action in the capital Conakry and operating as normal.
Global miner AngloGold Ashanti says its giant Siguiri gold mine is operating normally.
GUINEAN COUP LEADERS PROMISE MINERS A SYMPATHETIC HEARING - |