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Gold: historic, after years of shutdown, this North African country will soon relaunch its mine

The restarting of historic gold mines and the implementation of structuring projects mark a turning point in Algeria’s economic policy.

After more than a decade of inactivity, the Amesmassa and Tirek mines, located in the Tamanrasset region, are preparing to resume their activities.

This revival, announced by Belkacem Soltani, CEO of the industrial mining group Sonarem, should lead to a significant increase in national gold production in the years to come.

To support this growth, Algeria has awarded 46 gold mining licenses in 2024 to various companies, demonstrating the growing attractiveness of its mining sector.

The figures already recorded underline this dynamic: between 2022 and the end of 2024, gold production exceeded 351 kilograms, a positive signal for a country wishing to diversify its sources of income.

Beyond gold, Algeria is also developing large-scale projects in other strategic segments.

The CEO of Sonarem confirmed that work related to large mines, such as the iron mine of Gara Djebilet (Tindouf), the integrated phosphate mine of Bled El Hadba (Tébessa) and the zinc and lead mine of Tala Hamza-Oued Amizour (Béjaïa), are progressing in accordance with the established objectives.

These projects, considered essential by the Algerian authorities, should be delivered on time.

They embody a clear desire for modernization and strengthening national capacities in the mining field, in accordance with the instructions of President Abdelmadjid Tebboune.

In 2024, the Sonarem mining industrial complex achieved exports valued at $200 million, including $193 million from phosphate.

These performances are part of the government’s overall strategy aimed at reducing imports of raw materials, meeting national demand and increasing non-hydrocarbon exports.

According to Belkacem Soltani, the results obtained this year demonstrate the effectiveness of this roadmap.

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