Axis Minerals, casualty of Guinea mining purge, demands $1bn damages

Axis Minerals, casualty of Guinea mining purge, demands $1bn damages

[RFI - Africa] - 30/09/2025
An Indian businessman is seeking $1 billion in damages from Guinea after losing his mining licence for a bauxite deposit in the Boffa region. Pankaj Oswal has requested arbitration before a New York court, denouncing Conakry’s treatment of foreign investors.
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