0.00 (1.37%) 
Capital City - Conakry
Population - 9,600,000
Official Language - French
Currency - Guinea Franc (GNF)
Rainy Season
Guinea’s rainy season lasts from June through September.
Governance
Guinea became a French protectorate in 1849 and a colony in 1891. The Republic of Guinea was granted independence in 1958 and has held free and democratic elections since 1993. French civil law forms the basis for the country’s legal system.
Economy
Guinea possesses major mineral, hydropower, and agricultural resources, yet remains an underdeveloped nation. The country posses over 30% of the world’s bauxite reserves and is the second largest bauxite producer.
Mining Code
The Guinea Mining Code is a modern, workable system of reconnaissance, exploration and exploitation permits and mining concessions. The government retains a 15% carried interest in any developed mines. Mining concessions are granted for 25-year periods with 10-year extensions. Guinea has an attractive mining tax regime that is competitive with world standards.
Mining in West Africa
West Africa is one of the fastest growing gold producing region in the world. Growth and investment are fueled by the discovery of new mines, not only in well established mining countries like Ghana and Mali, but increasingly in Guinea. In West Africa, growth in gold production from 1998-2002 was 34% only second to the growth in gold production in Russia.