Guinea revokes exploration permits of 129 mining companies

The Minister of Mines and Geology of Guinea has announced the withdrawal of exploration permits from 129 mining companies in the country in accordance with a directive broadcast on May 26 via national television, local media outlet Guineenews reported.

The directive was issued in line with the advice from the country's National Mining Commission and its Technical Committee for the Review of Mining Titles and Agreements, per the report. However, no detailed reasons were provided. The majority of the affected companies were involved in gold exploration. At least eight were involved in