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Source:
بوابة الأهرام
Guinea imposes raw gold export ban
Guinea has decided to ban the export of raw gold and to enable companies to process the mineral domestically in order to increase added value and strengthen the national economy. All producers will be required to process gold within the country, and raw exportation will no longer be permitted. This move comes at a time when the country is experiencing significant exploitation of its gold reserves, alongside its large bauxite production. Gold exports reached approximately 22.142 tons in the first quarter of the year. Gold will be smelted and processed within Guinea, with penalties imposed on any entity continuing to export raw gold directly.
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