Côte d’Ivoire: Boundiali gold project surpasses 3 million ounces in resources
The gold potential of the Boundiali project, located in northern Côte d’Ivoire, has reached a new milestone, with estimated resources now exceeding 3 million ounces of gold. The updated estimate represents an increase of about 26 percent, according to information reported by Sika Finance.
The project is being developed by the Australian mining company Aurum Resources, which has been conducting an intensive drilling campaign in recent months to expand and better define the mineralized zones within the site. The latest results confirm the scale of the deposit and strengthen prospects for the development of a future gold mine in the northern part of the country.
According to the company, the growth in resources is largely linked to ongoing exploration activities across several targets within the Boundiali project area. The drilling program has identified additional mineralized extensions and improved the overall estimate of the site’s gold potential.
The project is now entering a key stage of development. Feasibility studies are expected in 2026 to assess the economic viability and technical conditions required for potential mining operations. If the outcomes are positive, a final investment decision could be taken between 2027 and 2028, paving the way for the possible construction of a mine.
The development of the Boundiali project comes at a time when Côte d’Ivoire is experiencing strong growth in its mining sector. The government is seeking to increase the contribution of natural resources to the national economy while attracting more investment in mineral exploration and extraction.
With the discovery and assessment of new deposits, Côte d’Ivoire aims to strengthen its position among gold-producing countries in West Africa, alongside nations such as Ghana and Mali, both well known for their gold production. However, the project’s future development will depend on the results of upcoming technical and economic studies as well as conditions in the global gold market and the country’s regulatory environment.
