guinea threatens to withdraw rio key asset, page-13

SDL owns 90% CamIron, balance belongs to Cameroon Govt. SDL already contributing to local community and building infrastructure such as school etc. Majority SDL employees are locals, TOTAL SDL project would represent 8% GDP of Cameroon at current ore prices and close to double that when ore price negotiations come through (as per May pres), Cameroon Govt has set up separate project committee to deal with SDL Mbalam project. Conclusion, Cameroon has large vested interest in success of project and SDL management should be commended on the dynamic approach to involving local community. The greater local involvement the less political risk. RIO story on Guinea does not reflect on SDL project