West Africa Gold Mining Market by Reserves and Production, Assets and Projects, Fiscal Regime Including Taxes and Royalties, Key Players and Forecast to 2030

West Africa Gold Mining Market by Reserves and Production, Assets and Projects, Fiscal Regime Including Taxes and Royalties, Key Players and Forecast to 2030

Summary

GlobalData's West Africa Gold Mining Market by Reserves and Production, Assets and Projects, Fiscal Regime Including Taxes and Royalties, Key Players and Forecast to 2030 provides a comprehensive coverage on the West African gold industry. It provides historical and forecast data on gold production by country, production by company, reserves by country, global gold prices. The report also includes a demand drivers section providing information on factors that are affecting the gold mining industry. It further profiles major gold producers, information on the major active, planned and exploration projects.

Collective gold production in Ghana, Burkina Faso, Mali and the Republic of Guinea, after increasing by an estimated 2.9% in 2022 is projected to grow by another 5.4% to 10.8 million ounces (moz) in 2023. Ghana will be the largest contributor towards this growth alongside support from Burkina Faso and the Republic of Guinea. Collective output from these three countries is forecast to increase from 7.87moz in 2022 to 8.49moz in 2023 – a 7.8% increase. In contrast, output from Mali is expected to decline by 2.7% to 2.28moz in 2023.

Looking ahead, gold production over the forecast period (2024-2030), is expected to decline by a CAGR of -3% to a little over 9.3moz in 2030 due to schedules closures, mainly in Ghana. Additionally, political instability and unregulated illegal mining are some of the key barriers that are expected to impair West Africa’s gold production in the coming years. Other West African countries, including Ivory Coast, Senegal and Sierra Leone are working to develop their gold mining industries by encouraging foreign investment.

Scope

• The report contains an overview of the West Africa gold mining industry including key demand driving factors affecting the gold mining industry. It provides detailed information on reserves, production by country (Ghana, Burkina Faso, Mali and the Republic of Guinea), production by company, major operating mines, competitive landscape, major exploration and development projects.

Reasons to Buy

• To analyse gold mining trends in West Africa, relevant driving factors
• To track the latest developments in gold mining industry
• To identify major active, exploration and development projects
• To analyse upcoming project developments in the mining industry
• To understand historical and forecast trend on West Africa's gold production (Ghana, Mali, Burkina Faso and the Republic of Guinea)
• To identify key players in the West African gold mining industry