Alufer Mining announced this week the start of production of its bel Air bauxite mine in Guinea and first shipment to China. Project construction lasted 18 months and was completed on time and within budget.
The company also erected its own port, berth, export facilities and a 25 km road. During construction, it employed over 1,500 people, 85% of the workforce being Guinean and more than half from local communities.
“We are very proud to reach this milestone. Building a mine within such a short timeframe on a Greenfield site, on time, on budget and with an exemplary safety record is a rare achievement,” commented CEO Bernie Pryor.
Work at Bel Air will now target stable production of 5.5 million tons per year, in addition to Guinea's current production of over 40 million tons. The country is the world’s third-largest aluminum producer.
Located in the Boffa region, the Bel Air mine was financed with up to $205 million by a consortium composed of Africa Finance Corporation, Orion Mine Finance and Resource Capital Funds. This financing is the "first and largest foreign investment in Guinea since the Ebola crisis in 2014".
Louis-Nino Kansoun
Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...
Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...
African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Talks continue on fiscal terms for the Toliara, now Vara Mada, mining project Updated feasibility outlines strong output and cash flow over a 38-year...
Silo Construction & Engineering has opened its only official African office in Abidjan The hub targets West Africa and the Middle East amid rising...
(AfDB) The African Development Bank Group will host a High-Level Consultation with the Arab Coordination Group, bringing together heads of Arab...
Ethiopia begins construction of Africa’s largest airport near Addis Ababa Bishoftu airport planned to handle 110 million passengers annually Project...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...