Côte d’Ivoire’s gold sector has long held promise. Its neighbours Burkina Faso, Mali and Ghana have substantial reserve and geologists have often suggested that similarly rich deposits were plausible in Côte d’Ivoire too.

On 2 May, Canadian-headquartered Montage Gold announced that its Koné project, in the northwestern departments of Kani and Dianra, as the largest gold mine in Côte d’Ivoire and the third largest mine of its kind in West Africa. The mine has reserves of around 5 million ounces and is due to start production in 2027.

“If the estimates are accurate, this would enable the country to increase its yearly national gold production by roughly 20% once the project is underway. This could have significant repercussions on government revenues in the long term”, says Bryon Cabrol, Sub-Saharan African analyst at Dragonfly Intelligence.

The discovery is big news for Côte d’Ivoire, whose economy was for many years dominated by cocoa production.

Read more here: https://african.business/2024/05/resources/cote-divoire-strikes-gold-again-in-timely-boost-for-ouattara

Cousin9999:
Côte d’Ivoire’s gold sector has long held promise. Its neighbours Burkina Faso, Mali and Ghana have substantial reserve and geologists have often suggested that similarly rich deposits were plausible in Côte d’Ivoire too.

On 2 May, Canadian-headquartered Montage Gold announced that its Koné project, in the northwestern departments of Kani and Dianra, as the largest gold mine in Côte d’Ivoire and the third largest mine of its kind in West Africa. The mine has reserves of around 5 million ounces and is due to start production in 2027.

“If the estimates are accurate, this would enable the country to increase its yearly national gold production by roughly 20% once the project is underway. This could have significant repercussions on government revenues in the long term”, says Bryon Cabrol, Sub-Saharan African analyst at Dragonfly Intelligence.

The discovery is big news for Côte d’Ivoire, whose economy was for many years dominated by cocoa production.

Read more here: https://african.business/2024/05/resources/cote-divoire-strikes-gold-again-in-timely-boost-for-ouattara

Gold that will still end up in the French Central Bank
Non sense and ingredients...

Michaeltreasure:

Gold that will still end up in the French Central Bank
Non sense and ingredients...

That gold not even reach the French banks, it will go straight to Morocco, into the bank account of this Jewish wife (Dominique Nouvian).
That criminal plunderer is an Algerian Jew whose estate is mostly in Morocco .