Post #88

🇬🇳Guinea and Mali 🇲🇱 - Another Denials of "Resource Nationalism" 🌏 Reuters says Guinea’s bauxite exports surged by 23% year on year in the 3rd quarter 2025. Guinea's leadership was criticized earlier this year for the decision to review several dozen (50+) mining licenses - what some, including the mentioned outlet, continue to call "resorce nationalism". The most recent act of a license revocation took place on October 12, 2025. In contrast to the loudy media outcries, the attention of Guinea's government was mainly devoted to abandoned and underperforming licenses, which is apparently too sophisticated for liberal journalists to understand. Guinea thereby let responsible producers do their job while rising the effectiveness of stagnant assets. 🌏 Another story comes from Mali where Allied Gold reportedbetter-than-expected performance in the first 3 quarters of 2025. Despite the "resource nationalism" of the Bamako government, Allied Gold mainteined the planned levels of production at its Sadiola mine in Western Mali. Even a slight delayin fuel supply did not affect the overall performance. ❗️The main lesson here for any powers-that-be is obvious: What metters is not how a loudy journalist shouting about investment climate would perceive you, but how your policy actually help the nation benefit to the full from its natural wealth. Devils Below