Guinée : 41 career exploitation permits revoked by government

Economics

Guinea

The Guinean Ministry of Mines and Geology has immediately revoked 41 quarry exploitation permits, targeting local and international companies whose titles had mostly expired. This administrative purge aims to end the "passive occupation" of mining titles and open areas to new investors.

Key points

  • The decision was announced via a decree made public on Tuesday, March 10, 2026.
  • The legal basis for the revocation includes articles from the Mining Code, a 2014 decree on title management, and 2021/2022 laws on local content.
  • Permits revoked cover the exploitation of dolerite, granite (the most affected substance), sand, and laterite.
  • Specific companies affected include Simfer S.A., Guiter Mining / Guiter S.A. (five titles), and China Road and Bridge Corporation (CRBC).

Why it matters

This action by the transitional authorities signals a strong intent to clean up the mining registry and ensure that mining concessions are actively managed according to legal requirements.

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