Saturday, 3 May 2014

West African Gold - Cote D'Ivoire Mining Code

Plenty of "he would wouldn't he" but here Mark Bristow of Randgold, who seems to have had more success than others in negotiating gold mines with African regimes, including a stake in the recent 600k oz pa Kibali mine in DRC, discusses Cote D'Ivoire's new mining code. Also discussion at Piercepoints
Of course a mining code cannot settle risks from civil war.
 There is enormous potential for gold mining in particular in Cote d’Ivoire which has some of the largest potentially gold-bearing greenstone formations in West Africa and is attracting enormous attention from gold explorers and miners with several mines now operating and some advanced very good sized gold exploration and development projects.........Indeed there have been suggestions that Cote d’Ivoire has the geological potential to become the largest gold mining nation in West Africa, even exceeding that of Ghana.

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