Côte d’Ivoire: gold production continues on its upward trend

The gold sector, which contributes 5% to Côte d’Ivoire’s GDP, reached a production of 41.8 tons in 2021 according to data from the Ministry of Mines. This represents an annual increase of approximately 8%.

Booming over the past 5 years, production has almost doubled over this period. If the turnover in 2021 was 1.112 billion FCFA, the gold sector alone contributes to more than 80% of the sector’s revenue. And 90% of research permits in the mining sector relate to gold, whose tax revenues amounted to 140.585 billion CFA francs in 2021.

The sector is dominated by seven large industrial mines, according to the Ministry of Mines. These are the Tongon mine of the British Rangold, the Sissingué Yaouré mine of the Australian Persus Mining, the Agbaou mine, the Bonikro mine of Allied gold, the Ity mining complex of British Canado and three other new mines at Seguela, Daloa and Dabakala. Alongside the big brands, semi-industrial mines and artisanal mines also operate.

“Our country is resolutely committed […] to make the mining sector the second pillar of our growth”, declared Thomas Camara, the minister in charge, at the start of the year during a symposium on mining in Côte d’Ivoire.

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