News
Huge Mining Deal Signed With China In Embattled Guinea
By: devona walker
(Add to your loop)
Tue, 10/13/2009 - 18:45
0
Votes
Oct. 13 (GIN) – A massive mining and oil deal was signed this week with China, even as anger continues to grow over a military takeover of government, and the unprovoked shootings and rapes by government soldiers – captured on cell phone cameras – killing some 157 protestors at a public rally.
Guinean Mines Minister Mahmoud Thiam said a Chinese firm would invest more than $7 billion in infrastructure and it would help the nation’s poorest people. In return, he said, the firm – said to be Hong Kong-registered China International Fund - would be a "strategic partner" in all mining projects in the mineral-rich nation.
Plus, the firm would help build ports, railway lines, power plants, low-cost housing and even a new administrative centre in the capital, Conakry. Meanwhile, the ruling junta under Gen. Moussa Dadis Camara, has been showing signs of strain. On Monday, Agricultural Minister Abdourahmane Sano resigned, saying he could no longer show solidarity with the government.
Also this week, the head of presidential security, Captain Claude Pivi, attempted to arrest the Chief of the Presidential Guard, Lieutenant Aboubacar Toumba Diakite, over the stadium incident, but the arrest was aborted.
As a part of a national mourning for those killed at the stadium, thousands of Guineans stayed home Monday and Tuesday. Guinea's government issued a statement saying it supported the trade unions' call for people to stay home for two days. (Global News Network)
Most Active Discussion on this Topic
Helping the Haitian people
by - Tue, 01/26/2010 - 10:39RELATED STORIES
-
Fox To Release 'Avatar' DVD Three Times In Next YearWed, 03/17/2010 - 17:17According to Reuters, the release date for Twentieth Century Fox's 'Avatar' to go to DVD and Blu-ray is next month, but fans will have to wait for the extra features and 3D version of the movie. Film features and extras for the movie will be released in November, and on an unspecified date in 2011 the 3D version will be announced. The initial release has been paired with E ...
-
First Lady Asks Food Companies To Get Going On Healthy ProductsWed, 03/17/2010 - 17:16According to Reuters, First Lady Michelle Obama wants U.S. food manufacturers to put more effort into producing more health-friendly foods. The first lady would like for the industry to re-package foods to make healthier snacks and ideal choice for kids, while President Obama promotes initiatives against childhood obesity. ...
-
New York Peforming Arts Center To Get $75 Million RenovationWed, 03/17/2010 - 17:15According to The New York Times, the City Center in Manhattan will renovate its1943 performing arts landmark with designs by Polshek Partnership Architects. Before making exterior changes to the neo-Moorish style building, Polshek Partnership Architects must approve the alterations. Seating, lighting, and sightlines in the building will be renovated as well. ...
-
Facebook Surpasses Google As Most Visited U.S. SiteWed, 03/17/2010 - 17:14According to Digital Media Wire, audience measurement firm Hitwise reported that Facebook became the most visited Web site in the U.S. last week, surpassing long-time leader Google. Posting close margins, Facebook garnered the top spot with 7.07 percent of Internet visits beating out Google's 7.03 percent. ...
COMMENTS
Post new comment