Ivory Coast’s gold output is anticipated to reach a record high this year, with the Lafigue mine contributing significantly. The total production is expected to rise to 62 metric tons in 2025. Industry leaders foresee the country potentially matching Ghana’s gold output by 2030, driven by substantial investments in mining.
Ivory Coast’s gold production is projected to achieve a record high this year, largely driven by the performance of the Lafigue mine, inaugurated in 2024. Industry official Jean-Claude Diplo confirmed that the nation aims to diversify its economy, which has predominantly relied on cocoa production.
The Lafigue mine, situated approximately 500 kilometers north of Abidjan and managed by Endeavour Mining, anticipates gold production between 180,000 to 210,000 ounces in 2025. Diplo mentioned that Ivory Coast’s overall gold production is expected to increase from 58 metric tons in 2024 to 62 metric tons this year.
Diplo attributed this growth to the Lafigue mine’s full production capabilities and substantial investments in another significant mining project. He expressed confidence that Ivory Coast’s gold output will soon surpass that of neighboring Mali and Burkina Faso, targeting output levels similar to those of Ghana by 2030.
Other notable mining companies such as Barrick Gold, Perseus Mining, and Roxgold are currently operational within Ivory Coast, contributing to the sector’s growth.
In conclusion, Ivory Coast is set to achieve a record gold output in 2025, primarily due to the Lafigue mine’s production gains. The country’s strategy focuses on diversifying its economy through enhanced mining activities. As production continues to rise, projections indicate that Ivory Coast could match Ghana’s output levels by 2030, reinforcing its position as a significant player in the global gold market.
Original Source: www.graphic.com.gh
