Roxgold has opened a gold mine in Côte d'Ivoire's northwestern region with an annual production target of 130,000 ounces of gold.
The Canadian firm has spent about 78 billion CFA francs ($127 million) to construct the Seguela gold mine, which is located 500 kilometres north of Abidjan.
"We have more than 10 years of mining production ahead of us at Seguela and our ambition is to continue exploring and developing here," Roxgold chief executive Jorge Ganoza was quoted as saying by Reuters.
Côte d'Ivoire, the leading cocoa producer in the world, is working to revitalise the West African country’s mining industry.
Mining minister Mamadou Sangafowa Coulibaly said the country's annual gold output will increase to 50 tonnes from 48 tonnes in 2022.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
