Côte d’Ivoire Greenlights Underground Expansion at Yaouré Gold Mine

In a landmark move for West African mining, Côte d’Ivoire’s President has issued a formal decree authorizing underground development at the Yaouré Gold Mine operated by Perseus Mining. The central mineralized area (CMA) will now transition from surface operations to a full-scale underground project, unlocking deeper reserves and extending mine life by at least a decade.

The announcement comes amid rising gold prices and investor confidence in the region’s regulatory stability. Perseus Mining, listed on both the ASX and TSX, has committed to ESG benchmarks and community engagement as part of the expansion. Local contractors are expected to benefit from increased employment and procurement opportunities, while the government anticipates a boost in royalties and foreign exchange inflows.

This development positions Côte d’Ivoire as a rising star in Africa’s gold belt, rivaling Ghana and Mali in terms of production growth and operational sophistication.
Tags: Côte d’Ivoire mining, underground gold, Perseus Mining, West Africa