Guinean Election Result May Lead to a Review of Mining Deals, Eurasia Says

The election of a new president in Ggold ore grinding milluinea, the world’s biggest bauxite exporter, may lead to reviews of multibillion-dollar deals with companies including Rio Tinto Group and United Co. Rusal Plc, Eurasia Group said.

Twenty-four candidates competed in the first round of elections on June 27, a year and a half after army Captain Moussa Dadis Camara seized power following the death of former President Lansana Conte, who ruled for two decades. Guinea hasn’t had a democratic transfer of power since it gained independence from France in 1958. The winner of the second round of voting, whether Diallo or Conde, will probably stop the practice of “arbitrary and erratic presidential decrees enacting and annulling contracts,” seek to normalize relations with mining investors, institutionalize mining laws and scrutinize existing deals, Akinola said...