Guinea’s leading opposition politician, Cellou Dalein Diallo, said the country’s stability will hinge on the transparency of a 2015 presidential election, in which he plans to run against President Alpha Conde.
Alpha Conde , a long-time opposition leader in Guinea, the world’s biggest bauxite exporter, claimed victory in a presidential run-off election, triggering riots by the supporters of his rival, Cello Dalein Diallo, who later also said he had won.
Billionaire Beny Steinmetz approved millions of dollars in payments to a wife of the former president of Guinea as he fought to keep part of the world’s largest iron-ore deposit, a suspect in a U.S. graft investigation said in conversations secretly taped by the FBI.
Guinea will seek to preserve Vale SA’s interests in Simandou, one of the world’s largest untapped iron-ore deposits, even though its partner is being investigated on corruption allegations, President Alpha Conde said.
Alpha Conde , the former university professor and opposition leader who was named winner of Guinea’s Nov. 7 election, will be inaugurated as president tomorrow, ending a contentious campaign that saw at least seven killed.
Rio Tinto Group, the world’s second- biggest mining company, agreed financial terms with the government of Guinea for a potential $20 billion iron-ore mine, port and rail project that may start by the end of this decade.