Reuters reported that Ivory Coast expects its manganese production to increase by nearly 18 percent this year as new projects begin operating. Gold production is also set to rise.
As quoted in the market news:
The West African nation, the world’s top cocoa grower, is pushing development of its long-neglected mining sector in an effort to diversify its economy, which is heavily dependent on agricultural commodity exports.
‘Gold production was 15.5 tonnes in 2013. We forecast 17 tonnes in 2014,’ [Mines Minister] Jean-Claude Brou told a mining conference in the commercial capital Abidjan.
‘Manganese production was 245,499 tonnes in 2013. Targeted production in 2014 is 300,000 tonnes,’ he said.