Alufer Mining Limited was incorporated

Exploration commenced

Bel Air Feasibility Study completed

SEIA complete – Environmental Certification received from the Ministry of Environment

Exploitation permit granted

Government of Guinea declared Bel Air a ‘Project of National Interest’

Mining Convention ratified by Parliament

Presidential Decree received

Alufer raises $205m to fully fund the construction of the Bel Air mine

Construction commenced

First ore on ship achieved

Commercial Production reached within 6 months of operation