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Ivory Coast's mining sector braces for election-related risks, stockpiling supplies and relocating staff amid political tension over President Ouattara’s contested fourth term.
Ivory Coast’s mining sector is preparing for possible disruptions ahead of the October 25 presidential election, as President Alassane Ouattara pursues a contested fourth term amid political unrest.
Gold production has surged from 10 to over 58 metric tons since 2011, with a target of 100 tons by 2030, driving international investment from firms like Barrick Gold and Chinese miners.
Fearing violence following protests, a protester’s death, and mass arrests, companies are stockpiling supplies and relocating staff to northern safe zones.
Despite a temporary slowdown in deals, analysts say the investment climate remains stable, with no major capital flight, and precautionary measures are seen as prudent given past election-related violence.
El sector minero de Costa de Marfil se prepara para los riesgos relacionados con las elecciones, acumulando suministros y reubicando personal en medio de la tensión política por el disputado cuarto mandato del presidente Ouattara.