logo
Guinea Moves to Cancel Mining Rights of Non-Compliant Companies

Guinea Moves to Cancel Mining Rights of Non-Compliant Companies

Bloomberg09-05-2025

Guinea's transitional President General Mamadi Doumbouya instructed his government to withdraw permits and concessions from mining companies that don't respect their legal commitments to the country.
The head of state has 'reiterated that compliance with contractual commitments and deadlines is non-negotiable,' Minister of Information and Communication Fana Soumah said late Thursday on state broadcaster Radio Television Guineenne.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Mali's government adopts bill granting junta leader 5 more years in power
Mali's government adopts bill granting junta leader 5 more years in power

Washington Post

time2 hours ago

  • Washington Post

Mali's government adopts bill granting junta leader 5 more years in power

BAMAKO, Mali — Mali's Council of Ministers on Wednesday adopted a controversial bill granting the head of the military junta an additional five years in power. Gen. Assimi Goita has led the West African nation since orchestrating two coups in 2020 and 2021. The move follows the military regime's dissolution of political parties in May. According to the government's cabinet statement, the bill will lead to the 'revision of the Transition Charter, granting the Head of State a five-year renewable mandate starting in 2025.' It implements the recommendations of the national dialogue consultations organized by the military regime in April, which the political parties boycotted. The bill now awaits ratification by the National Transitional Council, the legislative body overseeing the transition. Earlier in May, Gen. Goita signed a decree dissolving political parties, a decision made against a backdrop of burgeoning opposition. It coincided with a surge in kidnappings of pro-democracy activists in the capital, Bamako, and just days after a demonstration by several hundred activists. Mali, a landlocked nation in the semiarid region of Sahel, has been embroiled in political instability that swept across West and Central Africa over the last decade. The nation has seen two military coups since 2020 as an insurgency by jihadi groups linked to al-Qaida and the Islamic State group worsened. The junta had promised a return to civilian rule by March 2024, but later postponed elections. No date has been set yet for the presidential election. ____ Follow AP's Africa coverage at:

Mali's government adopts bill granting junta leader 5 more years in power
Mali's government adopts bill granting junta leader 5 more years in power

Associated Press

time2 hours ago

  • Associated Press

Mali's government adopts bill granting junta leader 5 more years in power

BAMAKO, Mali (AP) — Mali's Council of Ministers on Wednesday adopted a controversial bill granting the head of the military junta an additional five years in power. Gen. Assimi Goita has led the West African nation since orchestrating two coups in 2020 and 2021. The move follows the military regime's dissolution of political parties in May. According to the government's cabinet statement, the bill will lead to the 'revision of the Transition Charter, granting the Head of State a five-year renewable mandate starting in 2025.' It implements the recommendations of the national dialogue consultations organized by the military regime in April, which the political parties boycotted. The bill now awaits ratification by the National Transitional Council, the legislative body overseeing the transition. Earlier in May, Gen. Goita signed a decree dissolving political parties, a decision made against a backdrop of burgeoning opposition. It coincided with a surge in kidnappings of pro-democracy activists in the capital, Bamako, and just days after a demonstration by several hundred activists. Mali, a landlocked nation in the semiarid region of Sahel, has been embroiled in political instability that swept across West and Central Africa over the last decade. The nation has seen two military coups since 2020 as an insurgency by jihadi groups linked to al-Qaida and the Islamic State group worsened. The junta had promised a return to civilian rule by March 2024, but later postponed elections. No date has been set yet for the presidential election. ____ Follow AP's Africa coverage at:

Ivanhoe Restarts Part of Congo Copper Mine Impacted by Flooding
Ivanhoe Restarts Part of Congo Copper Mine Impacted by Flooding

Bloomberg

time3 hours ago

  • Bloomberg

Ivanhoe Restarts Part of Congo Copper Mine Impacted by Flooding

Ivanhoe Mines Ltd. has restarted underground operations in part of its giant copper mine in the Democratic Republic of Congo while another section remains offline after seismic activity caused flooding deep below ground. In an update late Wednesday, the Canadian company said equipment and mining crews returned on June 7 to the western side of the Kakula mine, with underground operations there resuming in a 'conservative manner.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store