Mining News

Guinea junta names AngloGold executive as mines minister

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Guinea’s junta has appointed Moussa Magassouba, the director general of AngloGold Ashanti’s (JSE: ANG) (NYSE: AU) local subsidiary as the country’s mines and geology minister, two months after the elite army unit overthrew President Alpha Conde.

Magassouba, a western educated mining engineer and fluent English speaker, has more than 20 years’ worth of experience in the industry. He joined Anglo Gold Guinea in 2016 as a key legal advisor.

Experts, such as Eric Humphery-Smith, Africa analyst at risk consultancy Verisk Maplecroft, believe Magassouba’s nomination is a positive step towards putting mining executives’ minds to rest.

Moussa Magassouba. (Image: LinkedIn profile.)

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