Niger - Gold MiningNiger - Gold Mining
Overview
Table 2 – Niger Gold Mining Production (USD Million)
Data Sources: National Institute of Statistics; estimates based on IMF projections
Niger’s gold mining industry is expected to undergo a period of significant growth as a host of international companies (mostly from Canada, Australia and South Africa) have expanded their exploration and development projects in-country. Current prospectors include AMI Resources Inc. of Canada, Western Australia-based Taruga Gold, and Trendfield Gold Mining Ltd, subsidiary of Hong Kong-based Trendfield Holding Inc. The Samira Hill deposit is believed to be one of a number of significant gold deposits within what is now recognized as an emerging gold belt known as the Samira Horizon. As a result the entire Liptako region is being explored for gold. Approximately 20,000 artisanal workers are active in the area, producing an estimated 1000kg/year.
The discovery of gold on the Djado plateau in April 2014 has created a gold rush in northeastern Niger. Artisanal gold mines deep in the Sahara have drawn an estimated 10,000 prospectors from Niger and beyond. Other potential gold deposits include also the Koma Bangou deposit.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
Table 2 – Niger Gold Mining Production (USD Million)
| Year | 2014 | 2015 | 2016 (est.) | 2017 (est.) |
|---|---|---|---|---|
| Total Market Size | ||||
| Total Production | 23,337 | N/A | N/A | N/A |
| Total Exports | 23,337 | 411 | 458 | 476 |
| Total Imports | N/A | N/A | N/A | N/A |
| Imports from the U.S. | N/A | N/A | N/A | N/A |
| Exchange Rate: 1 USD | 585 CFA | 585 CFA | 585 CFA | 585 CFA |
Niger’s gold mining industry is expected to undergo a period of significant growth as a host of international companies (mostly from Canada, Australia and South Africa) have expanded their exploration and development projects in-country. Current prospectors include AMI Resources Inc. of Canada, Western Australia-based Taruga Gold, and Trendfield Gold Mining Ltd, subsidiary of Hong Kong-based Trendfield Holding Inc. The Samira Hill deposit is believed to be one of a number of significant gold deposits within what is now recognized as an emerging gold belt known as the Samira Horizon. As a result the entire Liptako region is being explored for gold. Approximately 20,000 artisanal workers are active in the area, producing an estimated 1000kg/year.
The discovery of gold on the Djado plateau in April 2014 has created a gold rush in northeastern Niger. Artisanal gold mines deep in the Sahara have drawn an estimated 10,000 prospectors from Niger and beyond. Other potential gold deposits include also the Koma Bangou deposit.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.