Guinea bans exports of raw gold to boost local refining (opens original article in a new tab)

Guinea has banned the export of unrefined gold to encourage domestic processing and boost the economy. A new refinery in Conakry will handle the country's gold production, and foreign companies must comply with the regulation or face license revocation.

• Guinea bans export of raw gold to promote domestic refining
• New refinery in Conakry will process gold before export
• Foreign companies risk losing licenses for violating the ban