Bureau of Mines / Minerals yearbook area reports: international 1965
Year 1965, Volume IV (1967)
Stipp, Henry E.
Ivory Coast, pp. 811-814 PDF (420.8 KB)
811The Mineral Industry of the Ivory Coast By Henry E. Stipp In 1965 the mineral industry of the Ivory Coast produced commodities valued at $7.4 million,2 a sum equal to less than 1 percent of the estimated gross national product of about $830 million. Principal mineral commodities produced and exported in 1965 were manganese ore and diamonds. Imports of metals and minerals consisted chiefly of iron and steel products, cement and other building materials, fertilizers and petroleum, crude and refined products. The Ivory Coast enjoyed a favorable overall balance of trade, but *the mineral trade balance was unfavorable. In December 1964, the French Government granted $1.3 million for a number of projects in the Ivory Coast including $518,367 for geological and mineral studies. Later in 1964, a second phase of the assistance program was approved, which included an additional $338,776 for other projects in the mineral field. The Bureau de Recherches Géologiques et Minières (BRGM) conducted a general geologic study of the southwest section of the Ivory Coast for the State-owned company, Société pour le Développment Mmièr de la Côte d'Ivoire (SODEMI).4 BRGM also experimented on the use of an aeromagnetic survey to locate sulfide mineralization in the volcanic-sedimentary basin east of Bouake, and conducted drilling and exploratory mining in a mineralized area north of Toulepleu. In addition, two occurrences of cinnabar northeast of Bouake were being prospected thoroughly by BRGM, and the company conducted geologic, photogeologic, and geochemical studies in the diamondiferous area northeast of Korhogo. SODEMI initiated its second triennial plan for mineral development.5 The Ivory Coast Government and the United Nations started a 3-year mineralprospecting program that was expected to cost about $1.9 million. The purpose of the program was to evaluate the economic potential of mineral resources discovered in the southwestern part of the country. PRODUCTION Diamond mining operations with an output valued at about $3.6 million and manganese ore output valued at $3.8 million accounted for the largest part of the Ivory Coast's total recorded mineral production of $7.4 million. Diamond production continued at about the same level as in 1964, while output of manganese ore increased by nearly one-third. Columbium-tantalum output decreased almost 27 percent. 1 Physical scientist, Division of International Activities. Where necessary values have been converted from francs (CFAF) to U.S. dollars at the rate of CFAF245=US$1.00. U.S. Embassy, Abidjan, Ivory Coast. State Department Airgram 157, Jan. 20. 1965, pp. 1—2. ~ Bureau de Recherches Coologiques et Minières (Paris). Rapport Annual 1965. Jan. 31. 1965, p. 49. Mining Annual Review (London). Ivory Coast, Mining J. May 1966, p. 237.
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