[miningmx.com] – GUINEA has signed infrastructure sharing agreements with two mining firms in an effort to accelerate the development of bauxite mines in the west African country, said Reuters.
The agreements are with state-owned Compagnie des Bauxites de Guinee (CBG), a local unit of Russia’s Rusal, known as COBAD, and GAC, owned by Emirates Global Aluminium (EGA), the newswire said.
CBG is both the concessionaire and a user of the infrastructure which is managed by the state mining infrastructure agency, ANAIM.
“The multi-user railway contract between ANAIM, CBG, GAC and COBAD defines the common user rules for the Boke railway,” Saadou Nimaga, legal adviser at Guinea’s mines ministry, told Reuters.
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