Guinea has a third of the world's bauxite reserves, as well as gold, diamonds, iron ore and vast hydroelectric potential.

ECONOMIST: Ramshackle Guinea

But, over the past few days a string of gloomy steel production and iron ore price forecasts has trimmed the share prices of all iron ore miners with the potential for worse to come if the price projections are accurate.

FORBES: Connect

At the time of acquisition, drill results for the ore body at Chimiwungo indicated significant potential for copper.

FORBES: Barrick Gold Can Still Sparkle Despite Higher Costs And Impairment Charges In Results

Barrick drilled the ore body further to establish the full extent of its potential.

FORBES: Barrick Gold Can Still Sparkle Despite Higher Costs And Impairment Charges In Results