Afrique Gold Stock

Afrique Gold

Afrique Gold Stock

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Afrique Gold is a new mineral exploration company formed by Forbes & Manhattan, Canada's private natural resource focused commercial bank, and Africa Finance Corporation, a pan-African financial institution specializing in infrastructure and natural resources. Afrique Gold acquired the Cote d'Ivoire Bonikro gold mine from the Australian group Newcrest Mining Limited in March 2018. Bonikro is a world-class gold producing asset operated by an experienced management team inherited from Newcrest. The mine has produced over one million ounces of gold from 2008 - 2017. Since taking control of Bonikro in April 2018, material improvements have been made to both short-term operating efficiencies and long-term growth prospects. Cote d'Ivoire's GDP growth rate has been amongst the highest in the world at greater than 7% over the past five years and is the largest economy in West Africa.