Burkina Faso grants permit for new gold mine
The government in Burkina Faso has granted a licence to a Russian mining company, Norgold, to operate a new gold mine.. The operating permit is for a period of four years in an area situated in ...
Home | Orezone Gold Corporation
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 …
Russia's Nordgold closes Burkina Faso gold mine
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 des Mines de Taparko (SOMITA) director-general Alexander Hagan Mensa was cited by the news agency as saying that …
Insecurity in Burkina Faso
As artisanal gold mining in Burkina Faso has increased in recent years, so have violent attacks by non-state armed groups. The assumption that there is a natural causal link between the two is, however, too simplistic. The escalating violence should rather be seen as a result of long-term trends, such as state disengagement, a growing dependence on …
Endeavour Mining plc (LSE: EDV/TSX: EDV)
Endeavour Achieves First Gold Pour at Lafigué Mine in Côte d'Ivoire. Read more . Project development. 30 May 2024. Endeavour Announces Wet Commissioning is Underway at Lafigué Project. Read more . Corporate. 30 May 2024. Endeavour Announces Results of Annual General Meeting.
BURKINA FASO : The real reasons why Endeavour is selling …
Burkina Faso Behind the scenes of tycoon Simon Tiemtoré's reconciliation with Endeavour Mining. On 26 August, Lilium Capital and Canadian mining group Endeavour finalised an agreement to transfer to the state the Boungou and Wahgnion gold mines, at the heart of their dispute since June 2023.
How jihadists struck gold in Africa's Sahel
Informal mines in Burkina Faso, Mali and Niger produce between them some 50 tonnes of gold, worth $2 billion, a year, according to estimates by the Organisation for Economic …
Burkina Faso nationalises two gold mines mired in legal …
Burkina Faso has struck a deal to nationalise two gold mines for about $80mn that London-listed Endeavour Mining agreed last year to sell to Lilium Mining for …
Burkina Faso reclaims gold mines from largest British mining …
…move seen as bold step towards resource sovereignty. Kaieteur News – Burkina Faso has struck a deal to nationalise two gold mines for about $80mn that London-listed Endeavour Mining agreed last year to sell to Lilium Mining for more than …
Burkina Faso suspends export permits for small-scale gold …
Gold is Burkina Faso's main export, accounting for 37% of total exports in 2020, and mining is a leading source of jobs. ... causing several mines to shut down and others to produce less.
Burkina Faso Nordgold's Burkina Faso exit plan …
Nordgold's Burkina Faso exit plan takes shape. The Russian firm, faced with insecurity in Burkina Faso, Western sanctions hitting its gold exports, and deteriorating relations with the ruling junta, …
Youga gold mine, Burkina Faso, Avesoro Resources
Youga Gold Mine. 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.
List of Mining Companies in Burkina Faso
Complete list of Burkina Faso mining companies as well as stock quotes and recent news. ... IAMGOLD Files Updated Technical Report for Essakane Gold Mine . November 24, 2023 ...
Gold in Burkina Faso
Gold production in Burkina Faso and major projects. According to GlobalData, Burkina Faso is the world's fifteenth-largest producer of gold in 2023, with …
Gold mines in Burkina Faso fuel militant and …
The gold production volume in 2020 is approximately 93.4 tons according to Gold mine production, Gold. Currently, approximately $4.9 billion worth-gold produced in Burkina Faso …
Orezone/IAMGOLD Essakane Gold Mine
The government of Burkina Faso has passed a law that grants Canadian company Orezone Resources Inc's subsidiary Essakane SA an industrial mining permit for the Essakane gold mine project, a 1,200km² property 330km north-east of the West African republic's capital, Ouagadougou, on the Gorouol river in the Oudalan province.
Burkina Faso
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 …
DESK REVIEW OF ARTISANAL AND SMALL-SCALE GOLD …
As in Ghana and Mali, artisanal gold mining in Burkina Faso has old roots, with archeological evidence pointing to extraction as far back as the 15th century (Bohbot 2017). While the current boom is unprecedented globally, there have been other small rushes in recent history, such as one in 1984 driven
Home | Orezone Gold Corporation
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 …
Location map of the Burkina Faso gold bodies. …
Primary gold deposits in Burkina Faso occur in Paleoproterozoic Birimian belt formations (2.0 Ga). Mineralization was synchronous with regional metamorphism and deformation, and is either hosted ...
Burkina Faso Insecurity drives down gold production
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, …
Burkina Faso's Kiaka Gold Project on Track for 2025 …
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 Faso, with the country becoming Africa's fifth-largest gold producer in 2023, behind South Africa, Ghana, Mali, …
Operations
West African acquired 90% of the Kiaka Gold Project in Burkina Faso from B2 Gold Corp and partner GAMS-Mining F&I Ltd in November 2021. The remaining 10% interest is held by the Government of Burkina Faso. Kiaka is 45km south of West African's flagship Sanbrado Gold Operations in Burkina Faso and about 110km southeast of the capital …
Burkina Faso
The planetGOLD programme aims to end the toxic trail of small-scale gold mining. Representatives work with governments, the private sector and mining communities across the world to eliminate mercury from …
Burkina Faso Insecurity drives down gold production
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 …
Burkina Faso: Five Largest Mines in 2021
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 gold (465.33 thousand ounces) in 2021. The Essakane Gold Mine is owned by Government of Burkina Faso;Iamgold Corp, and is due to operate until 2027. …
Boungou – Burkina Faso's newest gold mine
When TSX-listed SEMAFO poured first gold at its Boungou mine in Burkina Faso, the company added a second feather to its hat of operating mines, having successfully brought its Mana mine into …
Burkina Faso nationalises two gold mines, ending legal …
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 …
Burkina Faso
Now the fourth largest gold producer in Africa, Burkina Faso is in the midst of a modern gold rush. With the precious metal present in every region of the country, the mining industry has steadily grown in Burkina Faso over the last decade, and the artisanal and small-scale mining (ASGM) sector has grown along with it.
Burkina Faso to launch its first gold refinery by the end of 2024
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 …