Symposium Mines Guinea, Guinea Mining Conference and Exhibition (SMG 2011)
Venue: Palais du Peuple
|Event Date/Time: May 10, 2011||End Date/Time: May 12, 2011|
|Registration Date: May 01, 2011|
|Early Registration Date: Apr 01, 2011|
|Abstract Submission Date: Mar 01, 2011|
|Paper Submission Date: May 01, 2011|
Guinea: From Democracy to Prosperity.
Symposium Mines Guinea 2011, will take place against the backdrop of the countryâ€™s first truly democratic elections, after a two year period of an oscillating political landscape, Guinea is entering a new era with a new government elected, civilian rule and the hope for a brighter future for all its citizens.
Guinea is now back on the worldwide political agenda for the right reasons, with development partners and private sector investors now returning and showing their commitment to making sure that hand in hand with the government of Guinea, the country fulfils its vast potential and becomes a regional and continental economic powerhouse.
The main theme of SMG 2011: Mining: Good Governance - Sustainable Development
SMG 2011 main theme is very pertinent to the current situation in the Republic of Guinea.
If there is Good Governance with a sound fiscal and legal environment, and transparent mining sector policies and regulations, this will lead to increased investment in the mining industry.
As a result of this investment, the country will maximise the economic potential of its natural resources. The resulting funds can be allocated to education, healthcare and improving the transport infrastructure. In addition more jobs will be created, and sustainable development of Guineaâ€™s natural resources will occur.
Guinea: a mining paradise
Bauxite: The world's largest bauxite reserve: more than 40 billion tons (alumina content of more than 40%); accounts for more than half of the total world reserves, second largest world producer behind Australia. Due to well know recent stagnations, Guinea is presently the worldâ€™s fifth producer of this mineral.
Alumina: Production of 700,000 tons per year and a potential for 15 millions tons per year.
Iron: Two world-class iron deposits: Nimba(Nâ€™NzÃ©rÃ©korÃ©) and Simandou(Beyla-KerouanÃ©), as well as Kalia(Faranah) and also large deposits at Zogota (Nâ€™ZerekorÃ©) and Forecariah. Guinea has an estimated 25 billion tonnes of iron reserves.
Gold: More than 24 tons per year produced with a potential of several hundred tons. 500 tons of proven reserves and an estimated total reserve of more than 5000 tonnes.
Diamonds: Potential for 25 million to 30 million carats, but the potential remains open with kimberlites not yet completely recorded.
Oil and gas: Significant potential to be explored both offshore and onshore.
Uranium: encouraging preliminary results from metallurgical investigations. Important indices located at Kissoudougou (Firawaa), KerouanÃ© et Beyla.
Other resources: Limestone (estimated reserves, 200,000 tonnes), Nickel (est. reserves of 185,000 tonnes), titanium (est. reserves 192,000 tonnes), graphite, gemstones, cobalt, zinc and lead are all believed to be present.