On June 16th, Ivorian Prime Minister Manbe announced an exciting piece of news to the whole country - the third world-class gold mine in the Doropo region in the northeastern part of the country was discovered.
According to the exploration data, this gold mine covers an area of 1,850 square kilometers, with an expected reserve of 100 tons and a Mining life of more than 20 years. It is being developed by Resolute Mining of Australia. According to the plan, the mine will start construction in the first quarter of 2026 and be built in two phases. After full production, the annual output of gold can reach 15 tons.
Cote d 'Ivoire is a West African country, bordering Ghana, Liberia, Guinea, Mali and Burkina Faso. The coastline is approximately 500 kilometers long, with a land area of 322,463 square kilometers. The capital is Yamusukro, and the population is 28.1 million (in 2022). There are 69 ethnic groups in the country, which are divided into 4 major ethnic groups.
In 2022, Cote d 'Ivoire's gross domestic product (GDP) was 65.1 billion US dollars, with a per capita GDP of 2,200 US dollars and a GDP growth rate of 6.5%.
In recent years, a series of gold mines have been discovered in Cote d 'Ivoire. The Doropo gold mine is the third large gold mine found in Cote d 'Ivoire within just two years. These three gold mines are distributed in the northern and northeastern parts of Cote d 'Ivoire, forming a "golden triangle", which has enabled this West African country to leap into a new gold-producing power in Africa.
In early 2024, the country successively announced the exploration results of the Kone Gold mine and the Tanda Gold Mine. The reserves of the two mines reached 155.5 tons and 150 tons respectively. The total reserves of these three gold mines are expected to exceed 400 tons. According to the current development progress, the annual gold output is expected to exceed 100 tons within the next five years. This will bring Ivory Coast's gold output close to that of Ghana, a traditional gold-producing country in Africa.
At present, Ivory Coast's gold export volume has become the third largest export commodity after cocoa and oil.
