Sun is Rising on Gold in West Africa, an Industrial Info Market Brief

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West Africa is slowly becoming the hub of the continent's gold mining sector, as its total production of gold recently surpassed that of South Africa. The next gold boom is expected in nations such as Ghana, Nigeria, Burkina Faso, Mali, Guinea and Ivory Coast, which carry long-term potential.

Investors are looking at more opportunities in West Africa, where companies are investing in mine-life expansions. Regulatory issues are fueling much of the geographic shift.

Industrial Info is tracking 110 gold-mining projects in West Africa, worth a total of about $6.9 billion. Click here for a list, and see graph below for a breakdown by country.