Globe Newswire
West Africa Mining Industry Report 2020 with Profiles of Aluminium Corp of China, Barrick Gold, and Newmont Mining, AngloGold Ashanti, Iamgold
Dublin, March 26, 2021 (GLOBE NEWSWIRE) — The “Mining in West Africa 2020” report has been added to ResearchAndMarkets.com’s offering. This report focuses on Mining in West Africa and includes information on mining resources and production across the region, trade statistics, developments, corporate actions, pertinent regulation and other influencing factors. There are profiles of 42 companies including major players such as Aluminium Corporation of China, Barrick Gold, and Newmont Mining, as well as AngloGold Ashanti, which restarted production at its Obuasi mine in Ghana, five years after mining was suspended, and Canadian company Iamgold, which has received the mining permit for its Boto gold project in Senegal. Mining in West Africa: Minerals produced in West Africa include bauxite, coal, copper, diamonds, gemstones, gold, ilmenite, iron ore, lead, manganese, nickel, phosphate rock, rutile, silver, columbite-tantalite, tin, uranium, zinc and zircon. A large number of companies and artisanal miners are involved in the region’s mining sector. In 2019, West African countries increased exports of minerals by more than 20%. Factors such as low economic growth in major mineral importers, the impact of the coronavirus pandemic, inadequate infrastructure, and security risks in some countries, continue to have an impact on the performance of West Africa’s mining sector.Opportunities: Dozens of companies are actively exploring the region, especially for gold, as West Africa’s gold deposits are generally shallow, which means they can be mined easily and at relatively low costs. In 2018, the region had more than 60 gold mines producing or under construction and hundreds of projects in the economic assessment and exploration stage. However, some challenges include a general lack of skilled workers and inadequate infrastructure such as roads and electricity.Government Involvement: The mining sector has been identified by most countries in the region as a potential catalyst for economic development, and there is a determined effort to develop the sector and to make it more attractive to investors. These include invitations for plans to develop mines and plants, plans to group artisanal miners into cooperatives and the granting of refining licences.Key Topics Covered: 1. Introduction2. Region Information3. Description of the Industry3.1. Geographic Position3.2. Industry Value Chain4. Size of the Industry5. State of the Industry5.1. Local5.1.1. Trade5.1.2. Corporate Actions5.1.3. Regulations5.2. Continental5.3. International6. Influencing Factors6.1. Economic Environment6.2. CoronavirUS6.3. Government Involvement6.4. Lack of Infrastructure6.5. Security Risks6.6. Labour Resources6.7. Environmental Concerns6.8. Technology, Research and Development (R&D) and Innovation7. Competition7.1. Barriers to Entry8. SWOT Analysis9. Outlook10. Industry Associations11. References11.1. Publications11.2. WebsitesAppendix Notable Exploration & Development and Mining Companies Involved in West AfricaCompany ProfilesAbosso Goldfields LtdAlliance Miniere Responsable SasAluminum Corporation of China LtdAmr Gold LtdAnglogold Ashanti LtdAvesoro Resources Inc.B2Gold CorpBalaji Group of CompaniesBarrick Gold CorporationCompagnie Des Bauxites De GuineeCompagnie Des Bauxites De Kindia S.A.Endeavour Mining CorporationGhana Bauxite Company LtdGhana Manganese Company LtdGold Fields Ghana LtdGolden Star Resources LtdGuinea Alumina Corporation S.A.Guineenne Des MinesHummingbird Resources plcIamgold CorporationKeras Resources plcKinross Gold CorporationKoidu LtdMultiverse Mining and Exploration plcNewfield Resources LtdNewmont Ghana Gold LtdNord Gold S.E.Orano S.A.Perseus Mining (Ghana) LtdResolute Mining LtdRoxgold Inc.Shiloh Manganese S.A.Sierra Mineral Holdings 1 LtdSierra Rutile LtdSociete Des Mines Du Liptako S.A.Societe Miniere De BokeTeranga Gold (Australia) Pty LtdThor Explorations LtdTrevali Mining CorporationUnited Company Rusal, International Public Joint-Stock CompanyVedanta Resources LtdWest African Resources Ltd Companies Mentioned B2Gold CorpWest African Resources LtdEndeavour Mining CorporationAvesoro Resources Inc.Balaji Group of CompaniesNord Gold S.E.Roxgold Inc.IAMGOLD CorporationTeranga Gold (Australia) Pty LtdThor Explorations LtdBarrick Gold CorporationTrevali Mining CorporationAbosso Goldfields LtdGold Fields Ghana LtdNewmont Ghana Gold LtdPerseus Mining (Ghana) LtdGolden Star Resources LtdAngloGold Ashanti LtdKinross Gold CorporationResolute Mining LtdGhana Manganese Company LtdGhana Bauxite Company LtdHummingbird Resources PLCAluminum Corporation of China LtdUnited Company RUSAL, International Public Joint-Stock CompanyCompagnie des Bauxites de GuineeAlliance Miniere Responsable SASGuineenne des MinesSociete Miniere de BokeGuinea Alumina Corporation S.A.Compagnie des Bauxites de Kindia S.A.Vedanta Resources LtdNewfield Resources LtdSociete des Mines du Liptako S.A.Orano S.A.Multiverse Mining and Exploration PLCAMR Gold LtdSierra Mineral Holdings 1 LtdSierra Rutile LtdKoidu LtdKeras Resources PLCShiloh Manganese S.A. 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