Prosperity came in 1960 after the start of exploitation of bauxite deposits. Touré was reelected to a seven-year term in 1974 and again in 1981. He died after 26 years as president in March 1984. A week later, a military regime headed by Col. Lansana Conté took power.
In 1989, President Conté announced that Guinea would move to a multiparty democracy, and in 1991, voters approved a new constitution. In Dec. 1993 elections, the presidents Unity and Progress Party took almost 51% of the vote. In 2001, a government referendum was passed that eliminated presidential term limits, thus allowing Conté to run for a third term in 2003. Despite the trappings of multiparty rule, Conté has ruled the country with an iron fist.