Cote d'Ivoire: Major Local Funding for the Doropo Gold Mine in Côte d'Ivoire

Cote d'Ivoire: Major Local Funding for the Doropo Gold Mine in Côte d'Ivoire

On November 3 in Abidjan, the Australian mining group Resolute Mining signed financing agreements with seven Ivorian banks. These agreements secure 148 billion CFA francs for the construction of the Doropo gold mine project, located in northeastern Côte d'Ivoire. Led by its subsidiary Doropo Gold Mine SA, this project marks Resolute Mining's first mining operation in the country. It aims to develop a new gold mine approximately 650 kilometers fr…

Kobo Resources, Resolute Mining and Wheaton Precious Metals: The new financing landscape for gold mines in Côte d'Ivoire

Developments in Côte d'Ivoire are coming thick and fast, and the country is positioning itself as one of West Africa's most dynamic mining nations. With the aim of increasing gold production to 100 tonnes by 2035, the country faces enormous capital requirements for exploration and development projects. The government in Abidjan is driving this transformation to reduce dependence on agricultural commodities such as cocoa and establish industrial …