El Salvador lawmakers overturn mining ban in win for president
The legislation will grant the Salvadoran government sole authority over mining activities within the country's land and maritime territory.
Ivory Coast is planning to revise its mining code in order to increase state profits, the country’s mines minister Mamadou Sangafowa Coulibaly said on Monday.
The world’s top cocoa producer, is seeking to develop its long-neglected mining sector to diversify its income sources. The west African country’s mining code was last revised in 2014.
“For the benefit of the state, for the benefit of mining companies, for the benefit of the population, this code deserves to be revised,” the minister said.
In five years, Ivory Coast’s gold output could reach at least 100 metric tons per year, he added.
Its gold output hit a record high in 2023, helped by the opening of new mines, and is expected to continue to grow.
Mining companies operating in Ivory Coast include Barrick Gold, Endeavour and Perseus Mining.
(By Loucoumane Coulibaly; Editing by Anait Miridzhanian, Chris Reese and Alexander Smith)
Comments
Jerome Jesse Thomas
The New GOLD / Assets Digital local counties money’s is going to boom theses 3rd world and African countries, theses countries New to create a gas & carbon law for the people for the elements under there feet share the profits as the middle east Oil producers do with the people in not feasible the let the United States 🇺🇸 & the European stay there and continue to Rape the country resources for Penny’s on the Fiat Dollars & Euro’s simple as that Leaders of Africa 🌍