Guinea has inaugurated its first gold refinery in Conakry as the government moves to require domestic processing of gold produced by artisanal miners and large-scale mining companies.
Compagnie des Bauxites de Guinée and its shareholders agreed an action plan in Paris to advance a domestic alumina refinery, which would become Guinea's fourth such project alongside three already under construction in Boké.
Guinea shipped a record 114.8-million tonnes of bauxite in the first half of 2026, up 15% year on year, as robust Chinese demand offset rising fuel and freight costs across the world's top bauxite exporter.
Arrow Minerals has been granted a new three-year exploration permit for its Niagara bauxite project in Guinea, restarting work after a year-long suspension.
The Kiniero gold mine in Guinea produced 54,252oz in the second quarter of 2026, up about 38% on the first, as throughput ran at roughly 9Mtpa against a 6Mtpa nameplate.
Guinea's Ministry of Mines and Geology on 18 June reviewed a feasibility study from Simfer and China Baowu Steel for a pellet plant with capacity of 2 million tonnes a year, meeting a Simandou co-development commitment.
Guinea's bauxite exports keep setting records in 2026, but free-on-board prices have slid to around $38-39 a dry tonne as oversupply and rising freight costs squeeze producer margins.
Iron ore exports from Guinea's Simandou project reached 2.2 million tonnes in May, up from a record 1.3 million tonnes in April, suggesting bottlenecks at the Morébaya port are starting to ease.
Mining at the Winning Consortium Simandou blocks in Guinea stopped from 28 April after an estimated 3,000 workers struck over pay, the first strike at the Baowu-led venture. Rail and port operations continued.
Guinea and Emirates Global Aluminium have settled an 18-month dispute over Guinea Alumina Corporation's bauxite licence, with Conakry paying a lump sum and taking over GAC's assets through a new state-backed company.
Predictive Discovery and Robex Resources completed their merger on 15 April 2026, creating a combined West African gold company targeting more than 400,000 ounces a year by 2029.
Robex Resources poured 39,367 ounces of gold in the first quarter at its Kiniero mine in Guinea, its first full quarter since reaching commercial production in February 2026.
China Baowu Steel Group completed an increase of its stake in the operator of Simandou's Blocks 1 and 2 to 51% on 30 January 2026, taking formal control weeks after the first iron ore shipments left Guinea for China.
Predictive Discovery chose a revised Robex Resources merger over a rival Perseus Mining bid in December 2025, combining Guinea's neighbouring Bankan and Kiniero gold projects in an A$2.35bn deal completed in April 2026.
The Simandou project in Guinea shipped its first iron ore cargo in December 2025, opening one of the world's largest untapped iron ore deposits after more than 20 years of delays.
