UEMOA: Various fortunes for extractive activities in 2020

During the year 2020, extractive activities in the countries of the West African Economic and Monetary Union (UEMOA) have experienced varying degrees of success with good performance in gold, uranium and phosphate production where that of oil appeared to be on the decline, according to data from the Dakar-based Central Bank of West African States (BCEAO).

The issuing institute thus indicates, in its 2020 annual report that the quantity of gold extracted in UEMOA in 2020 is estimated at 183,246 kg, up 7.5% compared to 2019 after a marked increase of 10 , 0% in 2019. “This development is the result of the increase in production in Burkina Faso (+ 10.8%), Côte d’Ivoire (+ 2.9%), Senegal (+ 1.0% ), and in Mali (+ 6.7%), attenuated by the decline in that of Niger (-88.9%) ”, explain the services of the BCEAO.

The quantities of gold produced in 2020 are estimated at 62,138 kg in Burkina Faso, 33,500 kg in Ivory Coast and 16,237 kg in Senegal. In Mali and Niger, they amount to 71,237 kg and 134 kg respectively.

As for the production of phosphates, it also increased by 23.5%, to stand at 2,970,345 tonnes in 2020, under the effect of the 87.8% increase in Togo’s supply, estimated at 1,321. 345 tons, attenuated by the decline of 3.1% of that of Senegal.

Uranium production is, for its part, up very slightly by 0.3%, standing at 2,991 tonnes in 2020 against 2,981 tonnes in 2019, due to a drop in SOMAIR production, following unfavorable conditions. of the international market.

On the other hand, crude oil extractions fell by 13.9%, due to the decline of 18.3% and 5.1% in the respective offers from Côte d’Ivoire and Niger.

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