08 SEPTEMBER 2014AlCircle.com
Bauxite Angola to invest over US$500 million when re-launching the Madina Bose mining
Edited by : AL CIRCLE
1 min read
The chairman of Bauxite Angola said on Wednesday that they are planning to spend over US$500 million in Guinea-Bissau at the time it re-launches the Madina Boe bauxite mining which is located in the east of the country, in the Gabu region.
On April 12, 2012 a coup was organized by Carlos Gomes Junior that upturned the government forcing the company to suspend their operations at Guinea-Bissau.
The Prime Minister, Domingos Simões Pereira received Bernardo Campos on Tuesday and said, “we expect investments in the port, in railways, in the road and mine itself could exceed US$500 million,” according to the Portuguese News Network.
Bauxite Angola’s chairman also expressed plans about more bauxite mines that are in plans especially next to the border with Guinea Conakry.
On April 12, 2012 a coup was organized by Carlos Gomes Junior that upturned the government forcing the company to suspend their operations at Guinea-Bissau.
The Prime Minister, Domingos Simões Pereira received Bernardo Campos on Tuesday and said, “we expect investments in the port, in railways, in the road and mine itself could exceed US$500 million,” according to the Portuguese News Network.
Bauxite Angola’s chairman also expressed plans about more bauxite mines that are in plans especially next to the border with Guinea Conakry.
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