The Indian company Dynamic Mining has obtained the renewal of a status granting it complete rights to build the infrastructures of its future bauxite mine at Bon Ami. Without this golden ticket, the project's progress could have been compromised.
Despite the coup, the government has taken action to remove a buoy standing in the way of the bauxite miner's plans to evacuate ore from its Guinean site by sea.
While Dynamic Mining, subsidiary of Indian group Jaguar Overseas, has not yet signed its convention miniere for the bauxite project it develops in the Boke region, Guinea, it has already named the new mine Bon Ami, or good friend. Talks over the terms of the future mining agreement between the Conakry government and Dynamic's senior management, headed by British National Danny Keating, CEO of Dynamic Mining.
Dynamic Mining successfully achieved this major milestone and was granted an Exploitation for its Boke Project, now known as the Bon Ami Project.