Gabon’s bold shift to mining as oil production declines

Faced with a sharp decline in oil output, the Central African nation of Gabon is making a strategic pivot toward mining. Over the past several months, the government has unveiled ambitious financial commitments totaling hundreds of millions of dollars. Exploration and research operations are already underway in multiple provinces, with officials projecting the country could emerge as a global leader in mineral production by 2030.

Eight major mining projects to launch between 2026 and 2030

Since assuming leadership of Gabon’s Mines Ministry seven months ago, Sosthène Nguema Nguema has outlined an aggressive expansion plan. The strategy centers on launching eight new mining operations by 2030, which would significantly diversify the country’s economic foundations.

Key projects include:

• Milingui mine for iron ore
• Potash mine
• Etéké mine for gold
• Baniaka mine for iron
• Mébaga mine for iron
• M’Bilan mine for iron

The minister emphasizes that these developments will create thousands of new jobs while boosting sector growth. Current output stands at 6%, but officials aim to achieve double-digit expansion in coming years, targeting 15-20% growth.

Infrastructure development critical to mining success

Economist Orphée Mouelé, a graduate of Omar Bongo University, stresses that mining potential can only be realized through robust infrastructure development. «Technical success depends on critical factors like transport infrastructure—roads, railways, ports, and bridges—to efficiently move minerals», he explains. «The sector also requires significant energy capacity expansion, as reliable power is fundamental to operations».

The government is simultaneously advancing a local processing policy to maximize value addition within Gabon. This approach aims to create additional wealth and employment opportunities for citizens.

Social impact remains a priority

While economic prospects are promising, civil society organizations like Éthique et bonne gouvernance emphasize that tangible social benefits must follow. Dr. Edmiaune Zouga, the organization’s president, states: «The most crucial aspect is social impact. These developments must improve the lives of ordinary citizens. Gabonese people need to feel this economic transformation in their daily lives».

The mining sector’s growth could mark a turning point for Gabon’s economy, reducing dependence on volatile oil markets while establishing the country as a significant player in Africa’s mineral resources landscape.