Guinea: Can a raw gold export ban build a refining industry?
AI Summary
The Guinean government aims to ban raw gold exports to develop a domestic refining industry, hoping to retain more wealth within the country. Success depends on building the necessary industrial capacity to meet ambitious goals.
Conakry wants to stop exporting raw gold and start refining it at home. The plan could keep more wealth in Guinea, but only if the country can build the industry to match its ambition.
World Politics Commodities Guinea gold export ban gold refining commodities mining industry raw gold wealth retention