LeadStory

Africanews

Mass layoffs cast shadow over Guinea’s Simandou mega-mine

Africanews · New
Africanews
Africanews
New

The challenges facing Simandou underline the complexity of turning resource wealth into widespread prosperity for Guinea’s population, even as iron ore exports begin to flow.

Breakdown
  • Simandou iron ore mine begins output after decades of delays
  • Mass layoffs cloud hopes of economic transformation 13s
  • Workforce drops from over 60,000 to fewer than 15,000 jobs 16s
  • Thousands in rural southeast lose livelihoods, especially near Dantilia and Kamara 38s
  • Staff cuts raise risks of social unrest and safety concerns 50s