Guinea counting on mining post-Ebola

[miningmx.com] – GUINEA was hoping that mining would help restore its fortunes as the West Africa country recovered from the effects of the Ebola virus which saw 2,000 killed at a cost of $2bn to the economy, said Reuters.

The newswire, citing Guinea’s finance minister, Mohamed Diare, said the disease delayed feasibility studies on the Simandou iron ore mine. Diare was speaking at the Reuters Africa Investment Summit.

“The end of Ebola will immediately allow the big mining projects to get back on track. Our economic growth will be built around our mining hubs,” Diare said. Aside from Simandou, Guinea is rich in diamonds, gold and bauxite.

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