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Côte d’Ivoire: 733 Billion CFA in Investments to Extract 179 Tonnes of Gold from Two Major Projects

Côte d’Ivoire: 733 Billion CFA in Investments to Extract 179 Tonnes of Gold from Two Major Projects

The Ivorian government is strengthening its gold sector with major investments in two strategic mining projects. During the Council of Ministers meeting on February 4, 2026, decrees were adopted granting exploitation permits to mining companies, highlighting the government’s commitment to developing the country’s geological potential and attracting private investment.

The first project, led by Etruscan Resources Côte d’Ivoire SARL in the departments of Koun-Fao and Tanda, focuses on the Assafo-Didibango mine. It involves an investment of 451.31 billion CFA francs, with an average annual production of 7.99 tonnes of gold, totaling approximately 120 tonnes over 19 years. The project is expected to create several hundred jobs during both the construction and operational phases.

The second project, operated by Ampella Mining Côte d’Ivoire SARL in the Doropo department, aims for a total production of 59 tonnes of gold over 14 years. With an investment of 281.4 billion CFA francs, it will provide significant employment opportunities, especially during the construction phase.

These initiatives underscore Côte d’Ivoire’s growing attractiveness for mining investors and reflect the government’s strategy to diversify the economy and sustainably develop the extractive sector.