RE: No movement9 Jul 2020 11:43
I am an Investor in IRR and GGP and I disagree
Ivory Coast is a much more stable nowadays and Major Gold companies are happy to have successful mines in operation. The potential there is well documented and IRR fought off a major to snap up the Zaranou project.
Ivory Coast is essential to evaluate its future prospects. The economic boost that the country has enjoyed since 2012 is supported by President Ouattara's government's strategic plan to promote the mining sector as the country's main source of economic and social development, which in turn depends on the Ivory Coast's capacity to attract international mining companies.
With major gold players such as Randgold Resources and Endeavour Mining planning to increase the life expectancy of their mines, gold mining should remain the principal driver of the mining sector in the next few years despite its slight decline in 2018. The government intends to double the gold production in the country by 2025.