Financed through loans from major international financial institutions including the International Finance Corporation (IFC), the United States Development Bank (DFC) and UK Finance, the expansion project will allow CBG to increase the production capacity of the mine and surrounding infrastructure such as the railway, processing plant, port, power plants, housing estates, as well as generate employment and increase its contribution to the Guinean government's internal revenue.
Demanding in terms of corporate social responsibility, promotion of employee health and safety, and environmental protection, CBG is committed to international standards, and this has resulted in its adherence to some of the highest standards in the world in this area.
Phase 1 of the project has been completed. The corrective measures from the independent review of Phase 1, required for the start of Phase 2, are being implemented.