Guinea Bans Exports of Raw Gold to Boost Local Refining
9 Articles
9 Articles
The President of Guinea banned the export of raw gold produced in the country's mines and imposed local refining, announcing at the same time the forthcoming entry into service of the Nimba Gold Refinery, presented as a major industrial project in the gold sector.
Guinea Places Ban On Export Of Raw Gold, Targets Local Refining Boost
By Enyichukwu Enemanna Guinea has banned the export of unrefined gold as it hopes to promote domestic processing of the precious metal to boost revenue and create jobs. The policy which takes immediate effect comes after a meeting between Guinea’s President Mamadi Doumbouya and industrial and artisanal gold producers and buyers. “Guinea will now require its gold to be processed within its own borders. Raw gold will no longer leave Guinea,” the P…
Guinea fosters local industry by restricting unrefined gold exports
Guinea has banned the export of unrefined gold in an effort to promote domestic processing of the precious metal. The policy – effective immediately – comes after Guinea’s President Mamadi Doumbouya met industrial and artisanal gold producers and buyers, and aims to boost the economy and create more jobs. “Guinea will now require its gold …
Guinea bans exports of raw gold to boost local refining
Guinea has banned the export of unrefined gold in an effort to promote domestic processing of the precious metal. The policy – effective immediately – comes after Guinea’s President Mamadi Doumbouya met industrial and artisanal gold producers and buyers, and aims to boost the economy and create more jobs. “Guinea will now require its gold to be processed within its own borders. Raw gold will no longer leave Guinea,” he said, adding that other co…
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