the country wants to establish itself in the sub-region

the country wants to establish itself in the sub region

In Ivory Coast, the first International Exhibition of Extractive and Energy Resources (Sirexe) is being held for five days. The country is producing 51 tonnes of gold this year and is embarking on the exploration of numerous deposits of bauxite, coltan and even manganese. Côte d’Ivoire is gradually trying to establish itself as a hub in the sub-region, thanks to a favorable institutional and geological framework.

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With our correspondent in Abidjan, Bineta Diagne

The players in the sector are unanimous, the 2014 mining code was “ consensual ” And ” competitive “. This text grants a certain number of advantages to mining companies. Result: we went from 67 research permits issued in 2011 to nearly 189 in 2023.

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A new text is being developed. Some voices discreetly express their reluctance at the idea of ​​seeing conditions – particularly fiscal ones – change. On the authority side, Seydou Coulibaly, the director of mines, remains calm: “ There are always things to adjust. There is the tax aspect, because ten years ago, the situation we were in was no longer the same. So, we must try to adjust in the interest of all parties. »

Favorable geological setting

This week, a new world-class gold deposit was discovered in the east of the country. It must be said that Ivory Coast benefits from a favorable geological setting. As Adama Soro, president of the Federation of West African Chambers of Mines, explains: “ There Ivory Coast contains more than 35% of green rocks called Birimian rocks. To give you an order of magnitude, a country like Ghana, which is the leading producer – today – of gold in Africa, only has 18% of this type of rock. So, the Ivory Coast has the potential to double Ghana’s “. A mining investment fund was officially launched yesterday: it should help support Ivorian companies in this sector.

Also readIvory Coast: Endeavor Mining announces the discovery of a gold deposit in the east of the country

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