West Africa mining proves resilient to the pandemic and thrives off the gold revival.
Rising metals prices and industry resilience have helped miners weather the storm.
The under-explored gold-bearing grounds of West Africa are the “last frontier” in the gold space.
Peru’s mines are making up for the time lost during lockdown.
Gabon’s maturing fields and decreasing production levels, together with the low price regime over the past five years, have brought the country’s oil industry to a turning point.
The funding secured by Total in July represents the biggest foreign direct investment in Africa to date, which is larger than the entire GDP of Mozambique (US$14.93 billion in 2019, as per the World Bank).
