Wednesday, September 19, 2012
Investor cheers fade as Guinea tightens grip on mining
CONAKRY (Reuters) - Investors cheered when Guinea's President Alpha Conde took office nearly two years ago vowing to revamp its mining sector and end the West African state's decades of investment-curbing turmoil. They're not cheering any more. Guinea's President Alpha Conde attends a session at the World Economic Forum (WEF) in Davos, January 26, 2012. REUTERS/Christian HartmannTheir hopes have been replaced by the harsh reality of a review of existing mining deals and permits, renewed
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