Gold Mines In Burkina Faso

The Kiaka Gold Project in Burkina Faso, developed by West African Resources, has received the first tranche of a $265 million loan and is on track for 2025 production. ... Gold mining has emerged as a key sector in Burkina …

Solhan, a center of the gold-mining industry in Burkina Faso, was attacked by extremists on Friday, June 4, 2021, resulting in the deaths of over 130 people. As the deadliest attack in the country's history, it highlights the danger posed to ordinary civilians working in the gold industry in the area. For Burkina Faso, the death toll ...

Item 1 of 2 Artisanal gold mining pits are seen at a mining site near Dano, southern Burkina Faso May 5, 2020. Picture taken May 5, 2020. REUTERS/Moussa Bouboucari/File Photo

Essakane Gold Mine in Oudalan, was the largest mine in Burkina Faso, producing approximately 15.87 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) and primarily produced …

Burkina Faso has acquired 200 kilos of gold from Canadian miner Endeavor, the country's energy and mines ministry announced Tuesday. In a statement, the ministry said the decision to buy gold ...

The Inata Gold Mine is 90% owned by Avocet and 10% owned by the Government of Burkina Faso. The mining code of Burkina Faso entitles the state to a 10% ownership of a mining operation on a free carry basis. Avocet acquired its interest in Inata through its acquisition of Wega Mining in June 2009. The mine was commissioned that year and first ...

Burkina Faso's mining activities are governed by the 2015 Mining Code (Law n°036-2015/CNT) and associated decrees. Key authorities under the Ministry of Economy and Finance – including the General Tax Directorate (DGI), the General Treasury and Public Accounting Directorate (DGTCP) and the General Customs Directorate (DGD) – oversee the collection of mining …

The mining industry has grown in Burkina Faso as a result, along with the artisanal and small-scale gold mining (ASGM) sector. According to some estimates, gold production from the ASGM sector even equals that of the industrial sector in Burkina Faso and represents a primary source of income for a large part of the population.

Russia's gold mining firm Nordgold has closed its Taparko mine in Burkina Faso and declared force majeure over security concerns in the country, reported Reuters citing a company statement. Nordgold subsidiary Société …

Technical Report for the Yaramoko Gold Mine, Burkina Faso Fortuna Silver Mines Inc: Yaramoko Gold Mine, Burkina Faso Technical Report Effective Date: December 31, 2021 Prepared by Paul Criddle Chief Operating Officer – West Africa: Fortuna Silver Mines Inc. Paul Weedon Senior Vice President – Exploration: Fortuna Silver Mines Inc.

Driven by gold mining, Burkina Faso's mining sector accounts for 16% of GDP and 80% of exports, according to the latest EITI data. To increase the sector's contribution to the economy, the government said it will build a refinery to process gold locally. Burkina Faso's President, Ibrahim Traoré, laid the...

All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. Toronto, Ontario-(Newsfile Corp. - October 7, 2024) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") today shared an update on its operations in Burkina Faso in response to media reports following a radio interview that occurred on Saturday, October 5, …

The new "sovereignty"-focused measures of Burkina Faso's mining code will not be enough to offset the country's sluggish gold output (AI, 21/06/24).A confidential report produced in February by the ministry of mines, led by Yacouba Zabré Gouba, showed production is falling.In 2023, Burkina Faso produced 56.9 tonnes (t) of gold, compared to 57.7t in 2022 and 66.9t in …

Burkina Faso Insecurity drives down gold production. The deteriorating security situation is taking a heavy toll on Burkina Faso's gold mining industry, the backbone of the country's economy. According to a confidential …

The Canadian gold miner IamGold, which owns the Essakane gold mine in northeastern Burkina Faso, owes the country duties dating back to 2016 amounting to around 61bn CFA francs (€92m), according to a source close to Burkinabe customs.However, as per the terms of a settlement agreement signed on 22 December by the new finance minister …

Orezone Gold Corporation (TSX: ORE OTCQX: ORZCF) is a West African gold producer engaged in mining, developing, and exploring its flagship Bomboré Gold Mine in Burkina Faso. The Bomboré mine achieved commercial production on its oxide operations on December 1, 2022, and is now focussed on its staged hard rock expansion that is expected to ...

(Ecofin Agency) - Driven by gold mining, Burkina Faso's mining sector accounts for 16% of GDP and 80% of exports, according to the latest EITI data. To increase the sector's …

The project's owner, West African Resources, recently upscaled its expected output for the mine. A new gold mine in Burkina Faso, with an annual production capacity of 234,000 ounces, will start operations in the third quarter of 2025. West African Resources confirmed that its Kiaka mine (currently 50% developed), can deliver up to 258,000 ...

Gold mining has emerged as a key sector in Burkina Faso, with the country becoming Africa's fifth-largest gold producer in 2023, behind South Africa, Ghana, Mali, and Sudan, according to the US Geological Survey.

Establishing a mercury-free processing plant. Since 2019, the AGC has been piloting two mercury-free processing systems (MFPS) in Burkina Faso through the planetGOLD Burkina Faso project to prevent mercury usage, increase gold recovery of hard-rock gold ore processing, implement international standards on responsible ASM (ensure transparency of gold origin), …

Burkina Faso's mining sector is likely to play a key role in the country's economy in the near future with the gold mining industry all set to expand. This year, the country's mining sector will be able to generate an increased revenue of about $2 billion from the $1.4 billion revenue in 2011.

About 45 km south of West African Resources' (WAF's) existing Sanbrado gold mine, in Burkina Faso. Project Owner/s WAF (90%) and the government of Burkina Faso (10%).

Our Mine is located inTaparko in the Northern Central region, province of Namentenga, 200 km from Ouagadougou, the capital of the Burkina Faso. From the capital, our mine is accessible by an entirely paved road. The mine operates three pits inTaparko (3/5, 2N2K and GT) and two pits inBouroum 40 km (F12 and WS).

The Inata Gold Mine is 90% owned by Avocet and 10% owned by the Government of Burkina Faso. The mining code of Burkina Faso entitles the state to a 10% ownership of a mining operation on a free carry basis. Avocet …

Tajiri Resources Identifies high-grade, Shallow, Sub-horizontal, Gold Shoot, at least 200m Wide & Open in all Directions at K5NW, Reo Project, Burkina Faso

FILE - Informal gold miners are seen taking a break from work under the midday sun at an artisanal mining site near Dano, southern Burkina Faso, May 5, 2020.

The remaining 10% interest in Semafo Boungou SA is held by the State of Burkina Faso. 27 August 2024 – Endeavour Mining plc and Lilium Gold are pleased to announce that they have signed a settlement agreement, involving the State of Burkina Faso ("the State"), in respect of the divestment of the Boungou and Wahgnion mines.

Burkina Faso has nationalised two gold mines for a sum of around 80 million dollars, ending a legal row between rival companies Endeavour and Lilium Mining. As part of …

Burkina Faso's gold industry has already had a bad start to 2024, with one of the nation's biggest companies, Endevour Mining, hit hardest. In addition to the ousting of its global CEO following allegations of improper business conduct, a strike at its Hounde Gold mine, while resolved quickly, lead to a production shutdown.

From 1986 to 1997, when gold production was at its peak across the country, Burkina Faso produced over 26 tonnes of pure gold, including 13.93 tonnes from large scale industrial sites, and …