Why is the mining industry booming in Ivory Coast?
This is still an upward trend. It is a fact that the mining sector is booming in Ivory Coast in particular and West Africa in general, generating several business opportunities in drilling, blasting, transportation and haulage, drainage, mineral resources, machinery procurement, chemical reagent management, and a lengthy etc.
How many gold mines are there in Ivory Coast?
In 2021, the total volume of investments in the sector is estimated at 762 million euros. Currently, Ivory Coast has seven gold mines in operation, four for manganese, one for bauxite and one for nickel/copper, and half a dozen more gold mines in the pipeline, two for iron, one for manganese, three for nickel and one for columbite/tantalite.
Does Ivory Coast have a mining investment code?
Ivory Coast, a member of the Extractive Industries Transparency Initiative (EITI), has a mining investment code that is very attractive to foreign direct investment (FDI). In 2021, the total volume of investments in the sector is estimated at 762 million euros.
Why is gold exploitation so important in Ivory Coast?
The number of explorations and mines under construction and/or operation is increasing every year in Ivory Coast, one of the ten fastest growing economies in the world. The promotion of gold and other mineral exploitation is part of the Ivorian government’s strategic action plan.