Although the country is one of the world’s poorest countries, however, it is known as the “geologique scandale” (vast mineral wealth) and ranks among the richest countries in the world as regards metals, crude oil, fruit, coffee, etc. Specifically, Guinea holds about: a third of global bauxite reserves (about 18 billion tons) and recorded reserves of approximately 500 tonnes of gold and about 4 million kilo-carats of diamonds. The mineral wealth of the country includes large reserves of high quality iron ore, copper and manganese and other minerals and fossils. Very few countries can achieve such a concentration of mineral resources per square meter of surface.

The mining activities of SMSD are performed today with one (1) mining license.
Primarily the ongoing exploitation concerns the mining for gold and diamonds and covers an area of 10 km on the river Diana, in N’Zerekore in the Southeast part of the country. The river Diane is estimated to contain around 1.2 million kilo-carats of diamonds.

The company will continue persuading negotiations and future deals aiming to the purchase of several new high-quality mining licenses.