Canadian miners dig deeper in West Africa

By Christophe Le Bec, Honoré Banda, Amadou Oury Diallo in Dakar
Posted on Thursday, 25 February 2021 18:17, updated on Wednesday, 3 March 2021 13:13

Ghana's centrREUTERS/Zohra Bensemra

In the underexplored and booming gold-mining areas of West Africa, Canadian miners are moving fast to expand their operations.

Mining firms large and small are exporting the expertise gained in their home market to Francophone West African countries where governments are keen to boost their revenue. Canada is home to gold giants like Barrick Gold, as well as minnows that are far from being household names.

“West Africa has more potential than any other region in the world. Its geology is similar to that of northern Ontario, Quebec or Western Australia – exceptionally prolific belts,” says Richard Young, head of the Canadian mining group Teranga Gold Corporation, which is active in Senegal and Burkina Faso.