Friday, 13 September 2013

West Africa Mining Report Q4 2013

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West Africa Mining Report Q4 2013
Sep 11th 2013, 00:00

Price: $ 1295  

West Africa's mining sector is set to grow rapidly as investment pours into the region's phenomenal mineral wealth. Much of this growth will be focused on iron ore and gold as the region has untapped and high-grade reserves of both metals. We expect the bulk of the growth in the mining sector to be towards the end of the forecast period as many of the projects are still in their early stages of development. We expect West Africa, particularly Sierra Leone and Guinea, to exhibit some of the fastest rates of growth in iron ore production over the coming years which will make both countries major global exporters by 2017. Elsewhere we see strong growth in gold production in Ghana, Côte d'Ivoire, Mali and Burkina Faso as elevated prices and an improved business climate attract investment. ...

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