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Ivory Coast is launching a national gold refining company and enhancing its state gold-buying counter to boost domestic production and value capture. The country aims to increase gold output from 58 tons in 2024 to 100 tons by 2030, driven by significant investment in mining infrastructure and a revised mining code targeting critical minerals.

The initiative seeks to reduce smuggling and enhance economic returns by processing gold domestically. Recent investments in the sector have surged to $3.8 billion over the past decade.