- published: 08 Nov 2009
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Subscribe to our channel http://bit.ly/AJSubscribe China is proving an important trade partner for the west African nation of Guinea. While Guinea's military rulers are facing sanctions from the African Union and others in the international community, China's recently committed to a $7bn mining and oil exploration deal. Al Jazeera's Yvonne Ndege, reporting from the mining town of Sangaredi, says Chinese investment in bauxite mining - which accounts for 95 per cent of Guinea's total economy - has come to the aid of an industry threatened by EU sanctions. The sanctions include bans on travel and the freezing of assets held outside Guinea by the military leaders, who seized power in a coup after the death of Lansana Conte, the president, last December. They were imposed after tro...
Guinea holds the world's largest reserves of bauxite, a mineral from which aluminum is obtained. Eighty to eighty-five percent of Guinea's export revenues come from sales of this resource. However, the impoverished country has not benefited from its mineral wealth. Guinea's first democratically elected president is trying to reverse that. For more go to: http://www.dw.de/global-3000-the-globalization-program-2012-11-19/e-16346933-9798
Guinea, Conakry where mining giant, Rio Tinto went into an agreement with the government to explore the Simandou iron deposits in the country is facing all sort of setbacks. From workers protesting unjustified dismissal to when the news that world bank's international finance corporation a partner in the 20 billion dollar deal said they are pulling out… as IFC is selling its 4.6 percent stake, Rio Tinto has a 46.6 percent stake in the project; its partner china's Chinalco has 41.3 percent while … READ MORE : http://www.africanews.com/2016/10/12/20-bn-guinea-iron-mining-project-falls-apart-the-morning-call Africanews is a new pan-African media pioneering multilingual and independent news telling expertise in Sub-Saharan Africa. Subscribe on ourYoutube channel : https://www.youtube.com/c/af...
Subscribe to our channel http://bit.ly/AJSubscribe Subscribe to our channel http://bit.ly/AJSubscribe The UN has commended Guinea's government for trying to restore calm after more than 50 people were killed in fighting between tribes over the last week. Guinea is the world's biggest exporter of bauxite, the main source of aluminium, but the increase in tensions could threaten multimillion-dollar contracts with a number of international mining companies. Al Jazeera's Nazanine Moshiri reports from N'Zerekoure. At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries acros...
From the diamond mine to your finger the history starts with you.
Global mining giant Rio Tinto has reportedly shelved a 20 billion dollar iron ore project in Guinea, following a sustained slump in the price of the metal. The miner had been seeking financing for the Simandou project, even after a one-point-one billion-dollar write-down in February. Last month Rio Tinto submitted a feasibility study to the Guinean government. But global oversupply of iron ore that has depressed prices has made the project not viable. Simandou would have comprised an iron ore mine in central Guinea, a railway and a deep-water port on the West African country's Atlantic Coast. At full production, the project would have generated about 7-point-5 billion dollars in revenue.
Bed rock. Ancient river bed
Alcoa is the world's largest miner of bauxite ore, which is rich in aluminum oxide. See how the company mines this ore around the world and also rehabilitates the land once mining has ceased.
A year ago mining potential in West Africa was referred to as a global economic frontier. Now the industry is besieged by setbacks, pullouts and standstill projects. Ebola is driving investors and workers away from West Africa in what is proving to be another fallout of the epidemic. CCTV's Stephanie Freid visited a hard hit diamond mine on the Guinea/Sierra Leone border and filed this report
Stock piling pay dirt
one of the big mining in western province papua new guinea
In Papua New Guinea, artisanal gold miners use mercury to extract gold from the ore. But this exposes the miners, their families, and their communities to mercury poisoning. So far, the government has not launched any public health measures to address the issue. For more information, please visit: http://www.hrw.org/features/png-golds-costly-dividend
Placer gold mobile washing and mining plant in Guinea Africa: The mobile washing and mining pant is composed by trommel screen, vibrating sluice box, carpet sluice box, shaking table and mobile platform, it also equipped with generator, water pump and control panel. It mainly used to placer (alluvial) gold ore or placer tin ore. Its advantage: less investment, less labor, fast return of investment, simple operation, flexible and mobile etc.
These is the local gold mine in our community.
The Grasberg Mine is the largest gold mine and the third largest copper mine in the world. It is located in the province of Papua in Indonesia near Puncak Jaya, the highest mountain in Papua, and it has 19,500 employees. It is mostly owned by Freeport-McMoRan, which owns 90.64% of PT Freeport Indonesia, the principal operating subsidiary in Indonesia, including 9.36% owned through its wholly owned subsidiary, PT Indocopper Investama. The Government of Indonesia owns the remaining 9.36% of PT Freeport Indonesia. FCX operates under an agreement with the Government of Indonesia, which allows Freeport to conduct exploration, mining and production activities in a 27,400-acre area (Block A). It also conducts exploration activities in an 413,000-acre area (Block B). All of Freeport's proven ...