The upcoming African Mining Week (AMW) will showcase Africa’s booming gold sector and provide a strategic platform for global investors to engage with key industry stakeholders, organisers said on Tuesday.
The event, scheduled for October 1-3 in Cape Town, will feature high-level panel discussions, project showcases and investment forums, highlighting the continent’s most promising gold projects and exploration prospects.
“The upcoming African Mining Week – Africa’s premier event for the mining industry – will showcase high-potential gold projects, investment opportunities and emerging exploration basins within Africa,” the organisers said.
Africa’s gold industry remains a key driver of foreign investment and revenue generation, with Ghana – the continent’s top producer – earning US$5 billion from its artisanal sector alone in 2024.
As nations strengthen partnerships with global investors, new projects are set to boost production and accelerate industrialisation.
Several major gold projects are poised for launch, reinforcing Africa’s position as a leading mining destination.
Ghana is bolstering its output with the upcoming Cardinal Namdini Mine, expected to begin commercial production by mid-2025 with an annual output of 358,000 ounces.
In addition, Newmont’s Ahafo South Mine in Ghana is targeting first production in early 2025, contributing 325,000 ounces per year, while Asante Gold Corporation has launched a US$525 million expansion to ramp up production at the Bibiani and Chirano Mines.
Elsewhere, Guinea is advancing its gold sector, with Predictive Discovery’s Bankan Gold Mine – a three-million-ounce project set to commence production in 2027 – yielding 269,000 ounces annually.
Another Guinean gold producer, Robex’s Kiniero Mine, is expected to start operations in 2025, adding 139,000 ounces to the country’s output.
In Mali, Resolute Mining’s Syama Phase 2 Expansion Project will push annual production to 400,000 ounces once commissioned in late 2025.
Burkina Faso is also ramping up production, with West African Resources’ Kiaka Gold Mine targeting 258,000 ounces per year from Q3 2025, while Orezone Gold’s Bomboré Mine is set to strengthen the country’s mining industry.
AMW will be held alongside the African Energy Week: Invest in African Energy 2025 conference, further positioning Cape Town as a central hub for discussions on Africa’s resource-driven growth.
JN/APA