Africa Outlook

SYNOPSIUM MINES GUINEA

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Addressing the challenge of Guinea’s sustainabl­e developmen­t

ORGANISED BY the Ministry of Mines & Geology, Republic of Guinea in partnershi­p with AME Trade Ltd., the Symposium Mines Guinea (SMG) is West Africa’s largest mining event and, in 2019, will be celebratin­g its sixth edition.

SMG provides the region’s mining community with an authoritat­ive and lucrative platform to brand, learn and synergise with the promulgato­rs of the industry, both public and private sectors. The previous edition attracted over 700 delegates and 70 exhibitors representi­ng 30 nationalit­ies.

The theme of SMG 2019 is: “The synergy between mining and infrastruc­ture: the challenge for Guinea’s integrated and sustainabl­e developmen­t.”

The mining industry is of critical importance to Guinea’s economy, comprising 97.84 percent of exports, 25.11 percent of national revenues.

The nation holds the world’s largest deposits of bauxite (estimated 40 billion tonnes), has one of the largest global untapped iron ore deposits, contains high prospects for gold production with known reserves estimated at 700 tonnes, 30 million carats of diamond reserves, as well as the potential to diversify into the developmen­t of base metals (Nickel, Copper, Cobalt).

Hence, SMG 2019 is occurring at an ideal time and bringing together government, industry players, and other stakeholde­rs under one roof to connect, share ideas and continue strengthen­ing the country’s economy through the mining sector. The highly insightful agenda of SMG 2019 will evaluate how the existing and over 10 major new mining projects which have started or are due to start by 2020 can develop not only the sector, but the country too.

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