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
• Didievi gold resources rise to 989,000 oz, up 119%.• Based on Blaffo Guetto deposit, below 1M oz target.• New drilling set for July to expand...
• TDB, TDF, and World Bank launch ASCENT to provide energy to 3 million people• Burn and Ignite Power sign first deals to deploy clean cooking and solar...
Namibia signed an MoU with U.S. firm NANO Nuclear to boost uranium processing. The deal adds the U.S. to Namibia’s talks with China and Russia on...
Hasetins plans to build a 12,000-ton rare earths plant in Nigeria’s Nasarawa State The $400 million investment raises questions over project...
Most Read
01

• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...

Israel-Iran conflict raises new threats for global shipping and oil trade
02

Kenya tops African entries in 2025 IMD ranking at 56th globally. Botswana, Ghana, South Afric...

Six African Countries Rank Among Top Economies in 2025
03

Ucamwal plans three new funds in Côte d’Ivoire, including Halal and women-focused options Two...

United Capital to launch Islamic and women-focused funds in Côte d’Ivoire
04

Mauritius is the most peaceful country in Africa for the 18th year in a row Sub-Saharan Afric...

Global Peace Index 2025: Mauritius Leads Africa, Again
05

• Google unveils Veo 3, its latest AI tool for ultra-realistic video generation• Experts warn deepfa...

Deepfake Threat Becomes Alarming in Africa as AI Advances Faster Than Laws
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

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +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.