Hidalgo Mining International, an innovative mining company headquartered in Port Washington, NY, announced today that it has completed its acquisition of gold-rich Fifa area properties in Guinea, West Africa. These latest acquisitions effectively expand Hidalgo’s gold mining project to encompass the entire area comprising the Fifa license, bringing the company’s total mineable area to twenty-five [...]

Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., announced that it has completed acquisition of the balance of the Tinkisso property which adds an additional 26 kilometers of property, increasing their Tinkisso property to now encompass a total of 56 kilometers.
Mark Daniel Klok, President of HMIT, stated: “We have increased our [...]

U Mining Resources Inc. has today disseminated that the Company’s successful business endeavor to ally with an established Guinean firm will generate both short and long term improvements within the country. In addition, U Mining Resources Inc. and its new partners share an identical vision in Guinea and their interest in developing the country’s foundations [...]

Guinea, the world’s number one bauxite expor-ter, says it is with-drawing agreements made with a U.S. oil company and a Russian-managed bauxite producer as part of a planned review of minerals contracts.
The withdrawals were announced in a government statement read on state television Sunday.
They referred to a production-sharing contract with American oil company Hyperdynamics and [...]

While talks sputter to end Guinea’s deadly two-week nationwide strike, the country’s main export industry is starting to feel the effects. Guinea is the world’s largest exporter of bauxite, the raw material used to make aluminum. Phuong Tran reports from VOA’s West Africa bureau in Dakar on how the strike in Guinea is affecting the [...]

China has upgraded one hydropower dam in blackout-prone Guinea, the world’s top exporter of the aluminium ore bauxite, and plans to modernise another, state radio and diplomatic sources said on Wednesday.
China has ramped up investment and diplomatic activity in Africa as it seeks new supplies of energy and raw materials to fuel its fast-growing economy.
State [...]