Moussa Dadis Camara made the remarks during a debate about mining broadcast on state television late on Tuesday night. A representative from AngloGold and workers at Crew Gold's operations in Guinea also took part in the discussion.
"We are going to set up a commission and send a team on the ground to see what's going on. But already, we want to have an overview of the mining process through to the refinery," Moussa Dadis Camara said during the debate.
"We are going to totally review the situation because we can no longer work on the same basis as before. If our demands are not taken into account, we would prefer to close these gold mines and turn to other sectors," he said.
Camara has made a series of threats to mining firms with operations in the world's biggest bauxite producer, a trend analysts say is destabilising an already fraught business environment for miners due to the economic slowdown.
A good way to summarize this is to say: Guinea will shut down gold mines that mainly fuel it's good economy because they are afraid of what the process will do to the environment. This means that Guinea's economy will be in the sewers if they go through with the plan, also this will impact the rest of the world by crippling its main gold mining industry and further worsening the bad economy of the rest of the world. This could mean that Guinea will be less productive in the way of health and antiviral research so this could erupt in several new lethal viral-diseases.
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