Cote d'Ivoire has high hopes for gold mining - CNBC Africa

Cote d'Ivoire has high hopes for gold mining

Mining

by Chris Bishop 0

Cote d’Ivoire, once famous for agriculture, has a golden dream.

The West African nation plans to open a gold mine every year for the next five years as part of its economic diversification, according to mining minister Jean-Claude Brou.

Gold mining in Cote D'Ivoire has grown rapidly in the last five years. In 2009, the country produced 7 tonnes of gold, in 2014 it mined 18.6 tonnes. The country plans to increase production to 30 tonnes in the next five years.

"That is a very conservative target," said Brou.

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