Gold production in West Africa has increased by more than 68% over the past five years to about 190 t/y, and is expected to increase by 57 t/y by the end of 2013, trade and investment development agency the Australian Trade Commission (Austrade) reports. About 40% of Australian mining projects abroad are based in Africa, as about 30% of the world's mineral resources are found in Africa. To date, $20-billion has been invested in 38 countries across Africa. "Increased investment can be seen in West Africa, particularly in its gold reserves, mostly based in Ghana, Mali, Guinea, Burkino Faso, Mauritania and Cote d'lvoire, which are renowned for their gold deposits," Austrade senior trade commissioner Greg Hull tells Mining Weekly.
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