For a long time focused on agriculture, particularly cocoa production, the economy of Côte d'Ivoire has shifted in recent years towards the wealth of its subsoil, with the discovery of significant deposits of minerals, oil, and gas

The production of a 'world-class' gold deposit in Tanda, in the east of Côte d'Ivoire, will begin in 2028, according to a statement from the presidency

The production from the deposit, discovered in 2022 and named 'Tanda-Iguéla', is estimated at about 11 tons of gold per year, said Endeavour Mining CEO Ian Cockerill, following a meeting with Ivorian President Alassane Ouattara in Abidjan
Total production will be 150 tons of gold over a 15-year lifespan, he added.

The deposit will create around 4,000 direct and indirect jobs and will receive an investment of 530 billion CFA francs

In May, a gold deposit was discovered in the western part of the country, the largest to date, announced Canadian mining group Montage Gold. Named the 'Koné Project', its resources are estimated at 155.5 tons of gold

In November 2023, Ivorian Minister of Mines, Petroleum and Energy, Mamadou Sangafowa Coulibaly, estimated the national gold production for 2024 at 55 tons, compared to 41.8 tons in 2021, a figure that already represents an increase over previous years

The country also has diamonds, iron, nickel, manganese, bauxite, copper, and discovered its first coltan deposit this year

Article source: lobservateur