Thor picks up exploration licences near Douta gold project in Senegal

The Douta project currently has 20.2 million tonnes of indicated resources grading 1.3 g/t gold for 874,900 oz. contained gold, and 24.1 million tonnes of inferred resources grading 1.2 g/t gold ...

Emergence of the Gulf of Guinea in the Global Economy: …

and 30 minutes to fly from New York to Dakar, Senegal. By the same token, the maritime distance between Luanda in Angola and Rio de Janeiro in Brazil is 3,489 miles. Therefore, traveling by sea at an average speed of 30 knots, it would take only slightly more than 4 days to connect both port cities.

Thor Explorations Ltd. Announces Positive Exploration …

The Douta Gold Project encompasses the Makosa gold deposit which currently comprises a total resource of approximately 1.78 million ounces ("Moz") of gold ("Au") that consists of an indicated ...

Senegal | Data

Senegal from The World Bank: Data. Free and open access to global development data. Data. ... Global Economic Prospects examines trends for the world economy and how they affect developing countries. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. ...

Global Economic Prospects

The latest global economic outlook for 2024-2025 from the World Bank. Learn about economic trends, policies, GDP growth, risks, and inflation rates affecting the world economy, stability, and development.

Rehabilitation of Mining Sites: The Case of the Gora/Sabodala Gold …

The study attempts to modelize the socio-economic and environmental impacts in the sustainable management of the Mayo-Darlé mine site. ... 2152-2219 ISSN Print: 2152-2197 Rehabilitation of Mining Sites: The Case of the Gora/Sabodala Gold Mine in Senegal Prospects for Sustainable Development of a Mine Dieye Pathé1*, Mall Ibrahim2, Samb ...

Senegal: Selected Issues in: IMF Staff Country …

Senegal has enjoyed an episode of high growth interrupted by COVID-19. An analysis of the growth spell suggests accelerating productivity growth will be needed to achieve faster income …

IMF Country Report No. 23/435 SENEGAL

The Senegalese economy continues to face headwinds. Some of the downside risks identified at the time of the program request are materializing, leading to a downward …

Top 10 African countries with the highest economic growth …

Business Insider Africa presents the top 10 African countries with the highest economic growth prospects for 2024. This list is courtesy of the UN's World Economic Situation and Prospects 2024,' report. A focus on climate change and investments are keys to growing the world's economy.

Senegal Raises $750mln in Fourth Sub-Saharan Eurobond of …

Senegal has successfully raised $750 million through its latest Eurobond issuance, marking its fourth such operation this year among sub-Saharan countries. The bond, maturing in 2031, underscores growing investor confidence in its emerging oil and gas economy under new leadership. According to Bloomberg, the issuance was split …

Senegal: Fortuna Sliver pumps $9.2 million into exploration …

The results should be included in the preliminary economic assessment due by the end of 2024. Emiliano Tossou. Follow @EcofinAgency; ... Thor Explorations Boosts Senegal's Gold Prospects with Douta Project Drilling Results 20:02. Cameroon's Banana Exports Up 15% in August 2024 Despite CDC's 19% Drop ...

Senegal GDP Growth Rate

The Gross Domestic Product (GDP) in Senegal contracted 2.20 percent in the first quarter of 2024 over the previous quarter. GDP Growth Rate in Senegal averaged 1.49 percent from 2010 until 2024, reaching an all time high of 27.10 percent in the fourth quarter of 2015 and a record low of -14.80 percent in the first quarter of 2014.

New Makosa "Bridge" Mineralisation at the Douta Gold Project, Senegal

The Douta Gold Project is a gold exploration permit that covers an area of 58 km 2 and is located within the Kéniéba inlier, eastern Senegal. The northeast trending permit (Figure 1) has an area ...

Gold in Senegal

The fastest growing export markets for Gold of Senegal between 2021 and 2022 were Australia ($10.9M), United Arab Emirates ($9.88M), and Guinea ($50.4k). Imports In 2022, Senegal imported $1.6M in Gold, becoming the 112th largest importer of Gold in the world. At the same year, Gold was the 523rd most imported product in Senegal.

The economic context of Senegal

Discover the economic context of Senegal through the key figures of the economy, the main sectors of activity and various economic indicators. Menu. ... gold, and limestone, as well as several types of precious stones. Although only 19.9% of the land is arable, agriculture employs 22% of the workforce and contributes to 15.5% of the GDP (World ...

Senegal's solid economic performance makes it a top …

This is the observation from the latest analysis published by Credendo on the eve of the Belgian Economic Mission to Senegal, chaired by HRH Princess Astrid. Tourism, phosphate, gold and agricultural products have long been the main strengths of Senegal's economy, but more recently oil and gas have been added to this already …

Thor Explorations Announces Updated Mineral

The Douta Gold Project is located within the Kéniéba inlier, in eastern Senegal, and comprises the northeast trending gold exploration permit, E02038 that covers an area of 58 square kilometres ...

Senegal approves 2023 finance bill focusing on 4 main issues

The expenditures are devised to address health, climate change, economic, and energy challenges. Health and climate change . ... Thor Explorations Boosts Senegal's Gold Prospects with Douta Project Drilling Results 20:02. Cameroon's Banana Exports Up 15% in August 2024 Despite CDC's 19% Drop ...

Senegal GDP and Economic Data

The West African nation has earned a reputation for its stable democracy, sustained economic growth, and relatively diversified and open economy. Over the past decade, Senegal has pursued an ambitious development program aimed at increasing investment in strategic industries, enhancing private sector competitiveness and creating job …

Senegal: Fortuna Sliver pumps $9.2 million into exploration …

Fortuna Silver Mines, a Canadian mining firm, has allocated $9.2 million to its 2024 exploration program for the Diamba Sud gold project in Senegal. In a statement …

Latest Gold Price Forecast & Predictions

The weaker the US dollar, the cheaper it is to purchase gold. Therefore, if economic factors predict a strengthening of the US dollar then this will tend to drop the price of gold, and vice-versa. According to the statistics (since 1973), the long-term correlation between the U.S. dollar index and the gold prices is -0.6 so this link is quite ...

Fortuna intersects 6.9 g/t Au over 33.3 meters at the

DSDD293: 6.9 g/t Au 32.4 g/t Au: over an estimated true width of 33.3 meters from 115.4 meters, including over an estimated true width of 3.9 meters from 127.1 meters

Senegal: New estimates put Mako gold mine's resources at …

Senegal's second-largest gold mine, the Mako mine, produced around 120,000 ounces of gold in 2023. This year, Resolute Mining, which owns the project, …

Senegal

Senegal's major export industries include fish, gold, phosphates, horticulture products, cement, peanuts, and nut oil. After a progressive recovery in 2021, rising food and energy prices severely affected the Senegalese economy. The Government of Senegal has taken measures to address the increased cost of living.

West Africa: Prospects for U.S. Exporters

Likewise, Senegal and Côte d'Ivoire have ties to the analogous, but smaller, West African Economic and Monetary Union (WAEMU). The eight states in this monetary union use the CFA Franc. Internationally, Nigeria and Ghana are also a part of the Global System of Trade Preferences among Developing Countries, whose preferential trade …

Senegal communities weigh impact of growth in …

About 1.5m ounces of gold have been produced and $500m invested since then, with a further 2.7m oz of proven and probable reserves still to recover. Additional exploration opportunities could...

Thor Explorations Ltd. | Thor Explorations Announces …

Priority will be given to extensional drilling at Makosa, Maka, Mansa and the newly discovered Sambara prospects. Introduction. The Douta Gold Project is located within the Kéniéba inlier, in eastern Senegal and comprises the northeast trending gold exploration permit, E02038 that covers an area of 58 square kilometres ("km2").

(PDF) Transition of power in Senegal: How realistic are the …

is the Kedougou gold mining region, one of the nation's poorest. It pose s a security risk for . ... geopolitical dynamics may impact Senegal's economic prospects in the long term. B y .

SENEGAL ECONOMIC UPDATE

Section 1: The State of the Economy and Outlook i. Senegal's economy maintained its wide‐based, strong growth in 2016 and the first half of 2017. GDP growth accelerated from 6.5% in 2015 to 6.7% in 2016, positioning Senegal among the fastest growing economies in the African continent.

Senegal's Growth Prospects are Strong

After slowing to 4.7 percent in 2022, growth in Senegal is projected to rebound to over 5.3 percent this year, due in part to an emerging oil and gas industry. …