Extractive Industry: Minister Mamadou Sangafowa Coulibaly Inaugurates the Lafigué Gold Mine (Dabakala Department)

On Saturday, October 19, 2024, Minister of Mines, Petroleum, and Energy, Mamadou Sangafowa Coulibaly, inaugurated Côte d'Ivoire's 13th industrial gold mine in Lafigué, located in the Dabakala department.

"The mining sector, which has gained increasing attractiveness, continues to see progress marked by significant mineral discoveries. The mine we are inaugurating today is the 13th industrial gold mine and the 4th we have inaugurated," he stated.

According to Minister Coulibaly, this growth has been driven by the mining code adopted in 2014, which will undergo significant reforms to usher the country into an era of prosperous and sustainable exploitation.

The minister expressed the government's satisfaction in seeing a project with an estimated annual production of 5.6 tons of gold starting in 2025 and 66 tons over the mine's lifetime come to fruition in this region. The state of Côte d'Ivoire is expected to receive nearly 400 billion FCFA in revenues.

Coulibaly emphasized that mining will become a key contributor to the Hambol region's economic development and the social progress of its population. The mine is set to create 500 direct jobs and more than 1,000 indirect jobs.

Following the Yaouré gold mine in the Bouaflé department, the Séguéla gold mine, and those in Grégbeu-Zaibo (Zoukougbeu department) and Lafigué, Mamadou Sangafowa Coulibaly promised that "more inaugurations will follow."