With the recent discovery of a deposit of 1.59 million ounces of gold, Ivory Coast is increasingly establishing itself as a key player in the gold industry in West Africa.
This announcement, made by the mining company Aurum Resources, marks an important step in the exploitation of Ivorian mining resources and demonstrates the dynamism of the sector.
The Boundiali project, led by Aurum Resources, an Australian company backed by Chinese capital, stands out for its potential contribution to the expansion of the Ivorian mining industry.
With five deposits identified to date, this new discovery highlights the geological attractiveness of the region and opens up interesting prospects for local economic development.
Since October 2023, Aurum Resources has carried out an ambitious drilling campaign, totaling nearly 64,000 meters.
This intensive program confirmed the existence of significant resources, as Caigen Wang, Managing Director of Aurum Resources, highlighted:
« We have made considerable progress in a short time, and we are confident that other significant resources can be discovered in the years to come. »
Ivory Coast reached record production of 51 tonnes of gold
For 2025, the company is planning a new drilling program of 100,000 meters, with the aim of refining data on the deposit and preparing a feasibility study.
This step will be crucial to determine the viability of the project and evaluate the investments necessary for the construction of a mine.
Ivory Coast, rich in mineral resources, has seen its gold production increase significantly over the past decade.
In 2023, the country reached a record production of 51 tonnes of gold, almost triple the production recorded ten years earlier.
This performance is part of the national strategy aimed at making the mining sector an essential pillar of the Ivorian economy.
The government’s objective is clear: double gold production by 2028 to reach 100 tonnes per year. The discovery of new deposits, such as those identified by Aurum Resources, plays a central role in this dynamic.
These initiatives also strengthen Côte d’Ivoire’s position as a preferred destination for international mining investors.
The discovery of the Boundiali project reflects not only the gold potential of Côte d’Ivoire, but also its capacity to attract major international players.
The partnership between Aurum Resources and Chinese investors illustrates this trend and highlights the importance of international cooperation in the development of the sector.
By focusing on projects of this scale, Côte d’Ivoire is affirming its desire to become a regional leader in the mining industry.
Ultimately, these initiatives could not only transform the country’s economy, but also improve the living conditions of local populations through economic benefits and employment opportunities.
