Sycamore Mining signs deal with Guinea to redevelop Kiniero gold mine

Cyprus-based investment firm Sycamore Mining on Tuesday signed a pact with Guinea’s government to redevelop the Kiniero gold mine in the country’s east, the minerals minister said. Sycamore and three other mining companies had made takeover bids for the mine, which has been out of production since Canada’s Semafo placed it under care and maintenance in 2014 and sold it to New Dawn Mining.