PUBLICATION

Global Business Reports

AUTHORS

Catherine Howe, Lina Jafari

MACIG 2019 West Africa Pre-Release

November 13, 2018

West Africa’s rich mineral resource potential presents a favorable investment proposition – significant gold discoveries have shone a spotlight on countries sharing the Birimian Greenstone Belts and, while mature mining countries like Ghana and Mali continue to lead the way in gold production, others are gaining ground as investors turn their attention to less-explored areas. While gold remains the focus for mining investment into West Africa, recognition of the region’s more diverse resource potential coupled with government efforts to mitigate risks associated with such heavy ties to just one commodity has led to a number of successful and promising projects in resources such as iron, lithium, copper and manganese. The positive impacts of increased political stability and attractive incentives for greenfield exploration are clearly visible in Côte d’Ivoire, which carries the torch for investor interest at this moment. Meanwhile, security concerns are unsettling investors in other parts of the region, and inter-regional dynamics continue to shift.

RELATED INTERVIEWS MORE INTERVIEWS

The move away from internal combustion engine to electric vehicles is accelerating more rapidly than many realize.
Lahri gives details about the use of new technologies in diamond mining and the impact of blockchain on traceability.
Mining Plus, which provides technical services around the world, is growing its South American presence.
Pioneers in the discovery of world-class gold deposits in the James Bay region, Sirios has discovered numerous showings in Nord-du-Québec and Eastern Canada.