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Guinea mining guide

Guinea mining guide

Guinea has some of the world’s largest high-grade bauxite and iron ore reserves, but has been largely unable to benefit from its mineral resources, due to sustained instability, political risks and lack of infrastructure.

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The government instability has increased markedly since the failed coup in 2011 and continues to be the biggest impediment in Guinea’s economic growth.


Guinea holds in excess of a quarter of global bauxite reserves and has large quantities of high-grade iron ore reserves, with most reserves exceeding 60 percent grade. These deposits are largely untapped and thus present significant opportunity to mining companies. The West African nation is expected to become the world’s fourth-largest bauxite producer by 2017.

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Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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