Bauxite Mining – Guinea

Guinea holds in excess of a quarter of global bauxite reserves and has large quantities of high-grade iron ore reserves, with most reserves exceeding 60 percent grade. These deposits are largely untapped and thus present a significant opportunity for mining companies .The Mining Sector occupies a place of first order in the Guinean economy. The signing of major investment agreements since 2013 heralded the arrival of even more companies into Guinea, introducing a new surge in momentum for the bauxite industry. This growth confirmed the position of Guinea as a major player in the international market for bauxite and a destination for substantial investment.

Guinea is the 2nd largest producer and 2nd largest exporter of Bauxite (16% of global sales). It holds two-thirds of the world’s known reserves of high-alumina bauxite (45-60%).

With the recent entry of a number of new industrial players into production and an increase in the production capacity of its current operators, the country has the capacity to reach an annual production level of 40 up to 60 million tons from 2018, with the ultimate goal of producing 100 million tons per year.

Gold purity in Siguiri’s lands goes up to 95% – 99%

Ordiamex International offers gold in Coins, Ounces and bars with 18, 22, and 24 karats. Ordiamex’s project portfolio is unsurpassed in the gold industry, and represents a source of optionality and value.

Bauxite Lands

Guinea has the world’s largest reserves of bauxite, both in terms of quality and quantity, the ore used to produce aluminum. Containing a content of alumina, Guinean bauxite reserves are estimated at over 40 billion tons, 23 billion tons of which are located in the north western region. Guinean bauxite is amongst the highest quality worldwide.

The reserves are mainly located in the following regions: Boké, Kindia Fria, Boffa in Lower Guinea; Tougué, Pita, Mali, Mamou, Dalaba in the Fouta Djallon, in Middle Guinea; and Dinguiraye, Dabola and Siguiri in Upper Guinea.

With key projects in the development phase and moving into production soon, Guinea is poised to become a leading global platform for the production of bauxite and alumina. In parallel with the objective of significantly increasing production of bauxite, the country is implementing an ore processing strategy in unison with its technical and financial industrial partners. Guinea’s highly competitive level of output allows it to supply all major world markets. Central banks are also a strong source of demand, with volumes having increased steadily over the past decade

Bauxite Lands