Guinea Alumina Corp. plans to continue funding talks for a USD 4.78 billion mine and refinery after the army seized control of the African country three weeks ago. Guinea Alumina has held talks with "various potential lenders and organizations" and negotiations will continue, Guinea Alumina spokeswoman Renee Kearney said. Reports of a lender meeting in Guinea and that a financing deadline had been missed weren't correct, she added. Guinea, which has one-third of the world's reserves of bauxite, was taken over by a faction led by Moussa Dadis Camara on Dec. 23, a day after President Lansana Conte died. (Bloomberg)
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