Guinea has voluntarily suspended its EITI Candidate status in the EITI starting from 19 December 2009, following the EITI Board's approval. The Government of Guinea and the EITI Guinea Steering Committee in Guinea had unanimously made this request in view of the difficult political situation in the country. Meanwhile, they informed the Board of their intention to continue unilateral EITI implementation during suspension. Guinea’s Candidate status will be suspended for up to one year.
At its meeting in Paris on 1 March 2011, the EITI International Board agreed to lift the suspension of Guinea’s EITI Candidate status, following a request made by the Guinean government. Guinea has until 29 February 2012 to complete EITI Validation.
The Board had approved Guinea's request for suspending its EITI Candidate status on 19 December 2009, when the political and security situation in the country had made EITI implementation impossible.
Avocet Mining PLC is a gold mining and exploration company listed on London Stock Exchange and on Oslo Børs. The company's principal activities are gold mining and exploration in Burkina Faso (as 90 per cent owner of the Inata gold mine and 100 per cent owner of eight exploration licences in the Bélahouro region surrounding Inata) and exploration in Guinea and
The international EITI Board decided to renew Guinea's ‘EITI Candidate’ status for 18 months and to request a second EITI Validation by 24 April 2014. The Board recommended that Guinea EITI improves its work plans for implementation, ensures that EITI Reports cover all companies making material payments to the state for exploring and exploiting mines, and that these reports are better disseminated to Guinean citizens to contribute to public debate.
The EITI Board designated the country 'Compliant'.
Reforming data collection for improved governance
Which areas are mining revenues coming from? Which companies are paying? Where is the money going? How can local communities see concrete benefits from mining?
Citizens across Guinea boldly raised these concerns, among others, when representatives from the government, civil society, mining companies, the media and the EITI national secretariat travelled to 18 “prefectures” and four mining zones nationwide to communicate the findings of the 2012 EITI Report. In addition,
Fourteen countries are meeting in Abidjan, Cote d’Ivoire, for a week of training and peer learning. Chair Fredrik Reinfeldt joined the participants on the first day of the training to discuss the impact the EITI is having in their countries. Please see the programme attached below.
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Please consult the French version of this page for all training materials.
The EITI Chair, Fredrik Reinfeldt, visited West Africa during the week of 22-26 August. He visited a region emerging from the Ebola crisis and struggling with low mineral prices. The former Swedish Prime Minister met with his counterparts in Guinea and Cote d’Ivoire. Both Guinea’s Prime Minister Mamady Youla and Cote d’Ivoire’s Prime Minister Daniel Kablan Duncan reaffirmed the commitment of their governments to using the EITI to improve the governance of their extractives sectors.
43 countries publish roadmaps to disclose the real owners of companies in oil, gas and mining by January 2020. 20 commit to public registers.
The EITI Standard requires that companies that “bid for, operate or invest in extractive assets” should publicly disclose the identity of their beneficial owners. Over the past month, 43 EITI countries have published their plans for how to disclose the real owners of companies in their extractive sector by January 2020.