Mining

Côte d'Ivoire: Government Grants New Gold and Lithium Permits

Côte d'Ivoire: Government Grants New Gold and Lithium Permits
Friday, 18 October 2024 17:10

Côte d'Ivoire's gold potential is estimated at 600 tonnes. The country is looking for new viable deposits to bolster its gold production, which hit 51 tonnes in 2023.

During the Council of Ministers meeting on October 16, the Ivorian government issued four decrees granting mining exploration permits: three for gold and one for lithium.

The gold licenses were awarded to Smart Mineral Explorer SARL and Africa New Geological Technologies Côte d'Ivoire SARL, covering M'Bengué and Ouangolodougou, and Odienné and Gbéléban, respectively. Occidental Gold SARL received a permit for the Tengréla department, while Global Energy & Minerals SARL got a lithium permit for Sakassou, Tiebissou, and Bouaké.

Ivorian gold production has surged from 38.5 tonnes in 2020 to 51 tonnes last year. New exploration permits can attract investment, leading to discoveries that sustain this production growth.

Regarding lithium, the government has issued several exploration permits over the last two years, including one to Khaleesi Resources SARL, a subsidiary of Atlantic Lithium, which is developing Ghana's first lithium mine, Ewoyaa. 

A significant lithium discovery could position Côte d'Ivoire among future West African producers, following Mali and Ghana. Atex, owned by Firering Strategic Minerals, is the country’s most advanced lithium project.

Gold is the most mined ore in Côte d'Ivoire. The sector accounted for 13.7% of total exports in 2023. However, the country is also among the world's top 10 manganese producers.

Emiliano Tossou

On the same topic
South32 plans to revise its 2026 production forecast for the Mozal aluminium smelter due to unresolved energy supply negotiations. The current...
The world’s renewable energy capacity grew by 582 GW in 2024 but still falls short of the 2030 tripling target. Africa’s renewable capacity...
Guinea’s government terminated its deal with Emirates Global Aluminium’s (EGA) subsidiary, triggering over 2,000 job cuts. The dispute centers on...
Millenial Potash secured $3M from the U.S. DFC to fund a feasibility study for its Banio potash project in Gabon The study will assess the...
Most Read
01

• Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0....

UEMOA: Inflation Drops to 0.6% in May, Driven by Lower Food Prices
02

• Qatar Airways and Kenya Airways establish strategic agreement, introducing a third daily flight be...

Qatar Airways Expands its Network in Africa, Building Presence in Kigali, Johannesburg, and Nairobi
03

• Interbank volumes rose 18.7% in May, while rates declined across the market• The BCEAO cut its mai...

WAEMU Sees Easing Conditions on Regional Interbank Market
04

• EY is preparing to leave Francophone Sub-Saharan Africa by 2026• The exit could unlock $500 m...

EY’s Exit Creates $1bn Opportunity in Francophone Africa Consulting Market
05

As cybersecurity asserts itself as a pillar of digital sovereignty in West Africa, technology-free z...

Cybersecurity Key to Côte d'Ivoire's Tech Future– VITIB's N'ZI
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.