Mining Companies In Burkina Faso

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 …

After several months of discussions, a new Mining Code was adopted by the transitional national assembly of Burkina Faso on 18 July 2024 and promulgated as the Act No 016-2024/ALT enacting Mining Code in Burkina Faso on 31 July 2024 ("new Mining Code"). This new Mining Code will gradually replace the one from Act No 036-2015/CNT of 26 June ...

Complete list of Burkina Faso mining companies as well as stock quotes and recent news.

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 …

Semafo Burkina Faso | 3,555 followers on LinkedIn. SEMAFO is a Canadian-based mining company with gold production and exploration activities in West Africa. The Company currently operates three ...

On Thursday, July 18, 2024, Burkina Faso's Transitional Legislative Assembly (ALT) unanimously passed a bill updating the country's mining code.. Burkina Faso's has a substantial and fast-growing mining sector, and the new code aims to improve the regulatory framework for the industry.Industrial gold production increased from 5.5 tons in 2008 to 56.85 tons in 2023.

Burkina Faso is a landlocked country, which struggles to meet the international development standards. The country knows a "mining boom" since 2008 with more than 600 exploitation permits with many environmental, social, cultural issues due to the limit of the actual mining local code that was established since 2015.

The MSG asked for clarifications from the Minister of Mines on media allegations about mining license awards to companies linked to the Wagner group19, which the Minister denied was the case.20 The three (2018, …

Find company research, competitor information, contact details & financial data for BURKINA MINING COMPANY SA of Ouagadougou. Get the latest business insights from Dun & Bradstreet.

Based in Burkina Faso, Néré Mining is a consortium led by Elie Ouedraogo, who is a board member of Karma and director of Semafo Burkina Faso. Semafo Burkina Faso is a subsidiary of Endeavour Mining. Last year, …

Burkina Faso plans to withdraw mining permits from certain foreign companies in an effort to boost its own gold production, announced junta leader Ibrahim ... Currently, operations in Burkina Faso include companies such as London-listed Endeavour Mining, Australia-based West African Resources, Russia's Nordgold, and Canada's Orezone Gold ...

The high-grade gold deposit, located on a 196km² permit area, is owned by Canadian mining company Roxgold, through its subsidiary Roxgold Burkina Faso SARL. The feasibility study for the gold project, completed in April 2014, proposed an underground mine at Yaramoko's 55 zone, a high-grade discovery within the permit area.

Metal Ore Mining Support Activities for Mining Mining (except Oil and Gas) Mining, Quarrying, and Oil and Gas Extraction Printer Friendly View Address: Rue 15-564, 05 BP 6282 Ouagadougou, 05 Burkina Faso

Fortuna Mining said on Monday that the government of Burkina Faso does not plan to withdraw the Canadian company's existing mining permits in the country.

Burkina Faso revised its mining code last year to earn more royalties from mining companies following declining gold output as the long-running security crisis forced at least five mines to shut down.

Since the 2000s, Burkina Faso has been experiencing a mining boom. However, despite being in the midst of a modern gold rush, the country has undergone security challenges over the past two years with a significant impact on the mining industry. ... Mining companies in Burkina Faso are therefore looking for ways to improve energy efficiency and ...

Burkina Faso's mining industry has emerged as a critical driver of economic development, significantly contributing to the nation's GDP and employment. ... These initiatives have led to the influx of international mining companies, spurring exploration and development activities. The mining sector's growth has not only enhanced economic ...

Avocet is a focused West African gold mining and exploration company with its primary operations in Burkina Faso and Guinea. ... Burkina Faso - 74,755 ounces gold produced in 2015 at a cash cost of US$1,058 per ounce; Souma exploration project, Burkina Faso - Satellite deposit 20km from Inata, mining permit application in process;

The work stoppage at the Hounde mine in Burkina Faso has had "significant financial impacts" on the company, its employees and stakeholders, according to an internal memo sent to employees on ...

Mining Code • Burkina Faso is a member of WAEMU, which passed a Regulation No. 18/2003/CM/UEMOA dated 23rd December 2003 containing a Community Mining Code, and ECOWAS, which passed a Directive ... subcontractors to give "preference to companies from Burkina Faso for any contract for the supply of goods or provision of services on ...

Endeavour Mining is one of the leading producers of gold in Burkina Faso. In 2021, the company's output was down by 18% over 2020. For more detailed analysis of gold in Burkina ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most ...

A Canadian emerging precious metals mining company delivering long-term value to our shareholders, our host communities, and our employees. ... Burkina Faso, Côte d'Ivoire, Mexico, and Peru produce gold and silver and abide by the highest international health, safety, security, and environmental standards. Our offices are located in Canada ...

Burkina requires mining companies to invest in social infrastructure, such as health centers and schools, and other projects to benefit the local populations in the areas of their mining operations. To this end, the 2015 mining code established the Mining Fund for Local Development (FMDL), a mechanism to decentralize national resources wealth ...

In recent weeks, mining companies in Burkina Faso have begun transporting local employees to mines by air instead of by road. Previously, only foreign staff flew to the mines. But some logistics ...

Burkina Faso plans to withdraw mining permits from some foreign companies and will seek to produce more of its own gold, junta leader Ibrahim Traore said on Saturday, without specifying which ...

Endeavour Mining is one of the world's leading gold producers and the largest in West Africa.

The Youga gold mine is situated 180km south-east of Ouagadougou, the capital city of Burkina Faso. Initially owned by Endeavour Mining, the mine was sold to Avesoro Jersey (formerly MNG Gold) in February 2016. The mine was then acquired by Avesoro Resources in December 2017.

In Burkina, 20% of the mining royalties collected by the state and 1% of mining company revenues go into a state-managed Local Development Mining Fund (FMDL) that finances development projects in ...

View 26 Metal Ore Mining company profiles below. Detailed info on Metal Ore Mining companies in Burkina Faso, including financial statements, sales and marketing contacts, top competitors, …

By the decrees, the government withdrew the industrial exploitation permit for the large Perkoa zinc mine, from the company Nantou Mining Burkina Faso SA, a subsidiary of the Canadian firm Trevali Mining, in the province of Sanguié, Central-West region, due to the company's failure to follow mining rules, leading to flooding of its mines on ...