Gold producers hit by tax hike
The three companies which produce gold in Ivory Coast – Randgold Resources, Newcrest Mining and La Mancha Resources – are to see their tax bill rise. On Sept. 12, on a recommendation by mines minister Adama Toungara (…) Read more

Toungara to crack down on illicit mining
Mines, oil and energy minister Adama Toungara is poised to table a draft bill to fight against illicit extraction at gold and diamond mines in Ivory Coast. The areas targeted by the minister are all situated in the  (…) Read more

The license freeze lifted at last
Ivory Coast’s presidency has eased the iron grip it held for long months over the renewal or delivery of mining licenses (AMI >276/>270), prompting a sigh of relief in the mining community which can now hatch long-term investment plans.The country’s mines, energy and oil minister, Adama Toungara, issued a ministerial decree in July that renewed (…) Read more

Land owners in Toungara’s cross-hairs
Mines and oil minister Adama Toungara has fired an opening shot against owners of traditional land who threaten to block mining operations. According to our sources, Toungara is going to try to persuade President Ouattara to buttress (…) Read more

Newcrest in investment talks with Toungara
The Australian mining group Newcrest Mining is stepping up its program to extend the Bonikro gold mine in center-west Ivory Coast.The firm, which has already invested over CFA 157 million, plans to inject billions more over the coming five years. (…) Read more