Market Research Report
West Africa Gold Mining to 2024 - Updated with Impact of COVID-19
|Published by||GlobalData||Product code||989966|
|Published||Content info||31 Pages
Delivery time: 1-2 business days
|West Africa Gold Mining to 2024 - Updated with Impact of COVID-19|
|Published: February 16, 2021||Content info: 31 Pages||
GlobalData's "West Africa Gold Mining to 2024 - Updated with Impact of COVID-19" provides a comprehensive coverage on West African countries, being emerged as a hub for gold mining in African continent. The report also provides historical and forecast data for the top three gold producing countries in West Africa including Ghana, Burkina Faso and Mali. It also evaluates the impact of COVID-19 over the gold production of these countries and production by major companies.
Gold mining in Africa has seen a paradigm shift from South Africa's dominance to the rising importance of the West African region in the last decade in terms of production. Ghana, Burkina Faso, and Mali the top three gold-producing countries in West Africa and together accounts for 33% of Africa's total gold production. The economic viability and geographical potential have been the prime reasons for investors' interest in gold mining in West Africa. COVID-19 has impacted production, with the collective output of these three countries falling by 4.7% in 2020, with the greatest declines in Ghana and Mali with falls of 7.5% and 5.6% respectively. However, production from Burkina Faso was estimated to have grown by 2% in 2020, despite the impact of COVID-19. AngloGold Ashanti Ltd, Newmont Corp., Gold Fields Limited, and B2Gold Corp. are the four largest gold producers in the West Africa region.