The move is key to Guinea’s economy and Simandou's development, which has been complicated by its location far from the coast and the cost of infrastructure.
The Economic Community of West African States Court found Guinea responsible for the killing of six villagers and the wrongful arrest, injury or torture of 15 others at a 2012 protest.
The emeralds and rubies miner doesn't know when it might be able to host its next auction, or generate meaningful revenue from sales, due to the “severe” impact of covid-19 restrictions.