Côte d'Ivoire increased its year-on-year gold production by 14% to about 48 tonnes in 2022, according to media reports citing a document from the Ministry of Mines, Petrol and Energy.
Reuters reports that gold output in the West African nation had been rising gradually for several years and is expected to reach 50 tonnes this year as two mines belonging to Roxgold, owned by Fortuna and Tietto Minerals are expected to commence production.
Côte d'Ivoire is also expected to produce 55 tonnes in 2024 when Endeavour’s new mine begins production.
Côte d'Ivoire already hosts major gold miners such as Barrick Gold and Perseus Mining.
The country is planning to develop its long-neglected mining sector to diversify its revenue from cocoa.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
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