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