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The mineral economy of Guinea.

Authors
Morgan-GA; Izon-D; Sow-NO
Source
Washington, DC: U.S. Department of the Interior, Bureau of Mines, MP 3-92, 1992 Jul; :1-24
Link
NIOSHTIC No.
10011694
Abstract
Guinea is the second largest producer of bauxite in the world and possesses the world's largest known resources of that commodity. Guinea's economy is dominated by bauxite, with minor production of diamonds and gold, which together account for about 90 pct of the country's foreign exchange earnings. Large resources of high-grade iron ore also exist, but their development remains uncertain owing to lack of infrastructure, cost, and regional difficulties. Information available to the Bureau of Mines indicates that potential for expansion of output of bauxite is good, given adequate infrastructure and demand. Further downstream processing to alumina and aluminum likewise remains a goal, having the additional dependency of new electric power capacity. Increased output of gold is dependent upon investment funding. A review of mining policy is underway by the government, which, coupled with a continuation of privatization schemes for government services, may lead to increased exploration, development, and diversification of the mineral industry.
Keywords
Commodity-management; Gold; Diamond; Iron; Aluminum-oxide; Reserves; Africa; Legislation; Labor; Infrastructure; Transportation; Government-policies; Bauxite; Mineral-economics
Publication Date
19920701
Document Type
IH
Fiscal Year
1992
NTIS Accession No.
PB97-120406
NTIS Price
A04
Identifying No.
MP-3-92
NIOSH Division
WO
Source Name
Washington, DC: U.S. Department of the Interior, Bureau of Mines, MP 3-92
State
DC
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