Editing Guinea (section)

=== Mining ===
{{main|Mining industry of Guinea}}
[[File:Guinea Product Exports (2019).svg|upright=1.3|thumb|right|A proportional representation of Guinea exports, 2019]]
Guinea possesses over 25&nbsp;billion [[tonne]]s (metric tons) of [[bauxite]]—and perhaps up to one half of the world's reserves. Its mineral wealth includes more than 4-billion tonnes of high-grade iron ore, and diamond and gold deposits, and [[uranium]].<ref>'How a diamond tycoon lost his shine in 'difficult places' A bribery case goes beyond a mine in Guinea' Article by Rachel Millard in The Sunday Times 25 August 2019. Report on huge corruption in Guinea and the trial of diamond mogul Beny Steinmetz in Switzerland, alleging millions of dollars paid in bribes to Madamie Toure, wife of the late Lansana Conte.</ref>

Joint venture [[bauxite mining]] and alumina operations in north-west Guinea historically provide about 80% of Guinea's [[Foreign exchange reserves]]. Bauxite is refined into [[alumina]], which is later [[smelting|smelted]] into aluminium. The ''[[Compagnie des Bauxites de Guinée]]'' (CBG) exports about 14 million tonnes of high-grade bauxite annually. CBG is a joint venture, 49% owned by the Guinean government and 51% by an international consortium known as [[Halco Mining]], itself a joint venture controlled by aluminium producer [[Alcoa]], global miner [[Rio Tinto (corporation)|Rio Tinto]] and Dadco Investments.<ref>{{cite web|url=https://af.reuters.com/article/metalsNews/idAFL5N0YK4R020150529|title=Guinea bauxite miner CBG plans $1 bln expansion to meet demand|work=[[Reuters]]|access-date=23 July 2017|archive-url=https://web.archive.org/web/20171010190042/https://af.reuters.com/article/metalsNews/idAFL5N0YK4R020150529|archive-date=10 October 2017|url-status=dead}}</ref> CBG has exclusive rights to bauxite reserves and resources in north-western Guinea, through 2038.<ref>{{cite web |url=http://www.dadcoalumina.com/about/history.aspx |title=Dadco Alumina & Chemicals |access-date=31 May 2015 |url-status=dead |archive-url=https://web.archive.org/web/20120718025131/http://www.dadcoalumina.com/about/history.aspx |archive-date=18 July 2012 }}</ref> In 2008, protesters upset about poor electrical services blocked the tracks CBG uses. Guinea includes a proviso in its agreements with international oil companies, requiring its partners to generate power for nearby communities.<ref>
{{cite news
|url=http://www.minesandcommunities.org/article.php?a=8889
|author1=Saliou Samb
|author2=Daniel Magnowski
|title=One dead in Guinea protest, mine trains stop
|agency=Reuters
|date=1 November 2008
|work=Minesandcommunities.org
|access-date=24 August 2013
|archive-url=https://web.archive.org/web/20141019125412/http://www.minesandcommunities.org/article.php?a=8889
|archive-date=19 October 2014
|url-status=live
}}
</ref>

The ''Compagnie des Bauxites de Kindia'' (CBK), a joint venture between the government of Guinea and [[United Company RUSAL|RUSAL]], produces some 2.5&nbsp;million [[tonne]]s annually, nearly all of which is exported to Russia and Eastern Europe. [[Dian Dian]], a Guinean/[[Ukraine|Ukrainian]] joint bauxite venture, has a projected production rate of {{convert|1000000|t|ST LT|0|abbr=on|lk=on}} per year, and is not expected to begin operation for several years. The ''[[Alumina Company of Guinea|Alumina Compagnie de Guinée]]'' (ACG) which took over the former Friguia Consortium produced about 2.4&nbsp;million tonnes in 2004, as raw material for its alumina refinery. The refinery exports about 750,000 tonnes of alumina. Both Global Alumina and Alcoa-Alcan have signed conventions with the government of Guinea to build large alumina refineries, with a combined capacity of about 4 million tonnes per year.

The [[Simandou mine]] is an [[iron ore]] reserve.<ref>{{cite web
|url=http://www.riotintosimandou.com/FRA/project_overview/33_faits_et_chiffres.asp
|title=Faits et chiffres
|trans-title=Facts and Numbers
|year=2013
|publisher=riotintosimandou.com
|access-date=6 September 2021
|archive-date=24 January 2013
|archive-url=https://web.archive.org/web/20130124025819/http://www.riotintosimandou.com/FRA/project_overview/33_faits_et_chiffres.asp
|url-status=dead
}}</ref> In March 2010, Anglo-Australian corporation [[Rio Tinto (corporation)|Rio Tinto]] and its biggest shareholder, [[Aluminum Corporation of China]] (Chinalco), signed a preliminary agreement to develop Rio Tinto's iron ore project.<ref>{{cite news | url=http://www.news.com.au/business/breaking-news/rio-tinto-chinalco-agree-to-develop-guinea-iron-ore-field/story-e6frfkur-1225842910656 | work=[[News.com.au]]| title=Rio Tinto, Chinalco, agree to develop Guinea iron ore field | date=19 March 2010 | access-date=6 September 2021 | archive-date=4 June 2011 | archive-url=https://web.archive.org/web/20110604231919/http://www.news.com.au/business/breaking-news/rio-tinto-chinalco-agree-to-develop-guinea-iron-ore-field/story-e6frfkur-1225842910656 | url-status=dead }}</ref> In 2017, the [[Serious Fraud Office (United Kingdom)|Serious Fraud Office]] (SFO), Britain's anti-fraud regulator, launched an official investigation into Rio Tinto's business and mining practices in Guinea.<ref>
{{Cite news
|url=https://www.theguardian.com/business/2017/jul/24/rio-tinto-sfo-investigation-guinea-suspected-corruption
|title=SFO says it is investigating Rio Tinto over Guinea operations
|date=2017-07-25
|work=[[The Guardian]]
|language=en-GB
|issn=0261-3077
}}
</ref>

[[Tigui Camara]], a former model, is the first woman in Guinea to own a mining company which is partially run as a social enterprise.<ref>{{Cite web|title=TIGUI CAMARA: Leading In The Male Dominated Mining Industry|url=https://www.africanleadershipmagazine.co.uk/tigui-camara-leading-in-the-male-dominated-mining-industry/|access-date=2022-01-25|website=African Leadership Magazine|date=16 May 2018 |language=en-US}}</ref>