Mining

Côte d’Ivoire: Australian Miner WIA Gold Kicks Off 10,000 m RC Drilling at Bouaflé

Côte d’Ivoire: Australian Miner WIA Gold Kicks Off 10,000 m RC Drilling at Bouaflé
Monday, 27 May 2024 18:36

Several mining firms acquired projects in Côte d’Ivoire in recent years. WIA Gold is among them. The Australian mining junior has been looking for an economically viable gold deposit in the country. 

WIA Gold has launched a 10,000-meter reverse circulation drilling program at its Bouaflé gold project in Côte d'Ivoire. The investment aims to test ten high-grade gold mineralized trends over more than one kilometer.

“We are delighted to launch this RC program at Bouaflé as a logical and systematic follow-up on the exploration work previously completed there. Bouaflé is an exciting exploration project in Côte d’Ivoire, which has already demonstrated a strong mineralised gold footprint at significant scale,” commented Josef El-Raghy, Executive Chairman of WIA.

This project shows foreign investors’ growing interest in Côte d'Ivoire's mining industry, especially gold. WIA Gold has not disclosed the investment’s amount.

The country's gold production has increased from less than 10 tonnes in the early 2010s to 50 tonnes in 2023, making it one of the largest producers in a decade. New projects like Bouaflé could help keep this up.

WIA Gold also holds the Bocanda and Mankono gold projects in Côte d'Ivoire and the Kokoseb project in Namibia.

On the same topic
Newcore Gold increases Enchi project resources to 1.50 million ounces Growth follows drilling across four deposits, boosting development...
Up to 16 Nigerian power plants offline, cutting generation capacity Output drops to 3,700-4,000 MW amid gas shortages, sector...
Mozambique LNG is offering contracts to local firms across construction, logistics, and services The move aligns with government efforts to boost local...
Guinea is preparing export restrictions to support falling global bauxite prices The move follows a sharp price drop and rising logistical...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
03

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
04

ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...

ECOWAS Considers Regional Platform to Enforce Air Passenger Compensation
05

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
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


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.