Mineral Substances or fossil substances contained in the subsoil or existing on the surface, as well as ground waters and geothermal deposits are, on the territory of the Republic of Guinea and in the exclusive economic Zone, the property of the State and cannot be the object of any form of private appropriation, save as otherwise provided in this Code, and in the Code on Private and State-Owned Land (Code Foncier et Domanial).
However, holders of Mining Operating Titles or Mining Operating Authorisation for Quany or Mineral Substances acquire ownership of the extracted substances. The rights of ownership to the substances are distinct from the ownership of the surface.