Togo: In Q1 2019, small-size mines generated an output valued at XOF18 billion

Mining
Friday, 25 October 2019 10:57
Togo: In Q1 2019, small-size mines generated an output valued at XOF18 billion

(Togo First) - In Q1 2019, the output of small scale mines active in the country was valued at XOF18 billion. The performance was driven by a gold output of XOF9.3 billion, gravel output of XOF3.2 billion, 2.2 billion for other stones used in construction, and 3.1 billion for sand.

The figures were released yesterday at a session to validate the report on contributions of artisanal and small scale mines to Togo's gross domestic product (GDP). The report follows a thorough study of these mines' activities.

The study was led by the National Institute for Statistics, Economic and Demographic Studies (INSEED), and the ministry of mines and energy. It identified 1,621 small scale mines operating across the territory. These employ more than 10,000 people.

Séna Akoda

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