Guinean President Defends Decision to Void Major Mining Permit Owned by Israeli Magnate’s Firm
Global Post – Guinean President Alpha Conde has defended a decision to void hundreds of mining permits, including to the world’s biggest untapped iron-ore deposit, which was nixed after a corruption probe of an Israeli magnate’s firm.
“We decided to review all permits. We maintain those which are regular. Those which don’t meet requirements get a deadline to fall into line and those which are way off get withdrawn,” Conde said this week in Geneva, a global commodities trading hub.