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Ivory Coast 2009 Gold Production At 6,943 Kg - Mines Ministry

15/02/2010 3:59pm

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Gold production in Ivory Coast increased to 6,943 kilograms in 2009, an increase of 142% on the 2,874 kg mined in 2008, a senior official in the ministry of mines and energy announced in the state newspapers, Fraternite Matin.

Jacques Chevalier, director-general of planning, documentation and training at the ministry, also said production would increase strongly with the start of operations at the Tongon gold mine, run by Randgold Resources (RRS.LN).

The mine is expected to produce around 7.8 tons annually and will dwarf the country's three current gold operations run by Lihir Gold Ltd. (LGL.AU) (Bonikro (Hiré) near Divo), Cluff Gold PLC (CLF.LN) (Angovia) and La Mancha (Ity).

This year's growth was prompted by the start of the production in Bonikro, the ministry said.

-By John James; Dow Jones Newswires; +225 20221805; james_john@hotmail.com