Ivory Coast has recorded its first responsible, traceable and commercially viable Gold.
This was announced by the European Union today saying that due diligence system from mine site to the international market for artisanal gold from Côte d’Ivoire has been successfully implemented as part of the Just Gold project.
According to the EU, The Just Gold project supports artisanal gold miners, traders, and exporters to ensure artisanal gold in Côte d’Ivoire is produced and sold according to international standards.
According to media reports, the country’s gold reserves are estimated to be 600 tons and Côte d’Ivoire is currently the 7th largest gold producer in Africa.
There are believed to be over 240 illegal gold mining sites across the country, mined by tens of thousands of unlicensed miners.