NADEA
NADEA.
Burkina Faso is poised to increase its industrial gold mining this year as a project by Mauritius's Soleil Resources International rises to full production and a new mine by …
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A gold mining boom in Burkina Faso over the last decade propelled Boukary Diallo from being a vendor on a market stall to running a meat business supplying a mine near …
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In a bold and significant move, Burkina Faso has reclaimed control of two of its major gold mines, marking a shift towards greater resource sovereignty. The Boungou and Wahgnion gold mines, previously owned by an …
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Canadian precious metals company Fortuna Mining Corp. has agreed to sell its Burkina Faso assets, including the Yaramoko gold mine, to privately held Soleil Resources …
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Gold production in Burkina Faso, which is moving closer to Russia diplomatically and militarily, accounts for around 14 percent of state revenue, according to official figures. …
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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 …
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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
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Gold production in Burkina Faso declined last year as deteriorating security conditions in the West African nation forced some mines to shut. An Islamist insurgency in the …
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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.
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West African acquired 90% of the Kiaka Gold Project in Burkina Faso from B2 Gold Corp and partner GAMS-Mining F&I in November 2021. The remaining 10% interest is held by the …
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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 …
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Burkina Faso is on track to increase industrial gold production in 2025, driven by the ramp-up of operations at Soleil Resources International's Youga mine and the anticipated launch of West African Resources' Kiaka project.
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Burkina Faso has granted an industrial mining licence to Russian miner Nordgold for a gold project, the military-led West African government said, aiming to capitalise on record …
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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 …
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Burkina Faso has granted an industrial mining licence to Russian miner Nordgold for a gold project, the West African government said, aiming to capitalise on record-high gold prices to strengthen an economy hit by …
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Endeavour Mining and Lilium Mining have resolved legal dispute over gold mines in Africa. Burkina Faso government will pay Endeavour $60 million and a 3% royalty on gold production. Nationalization of the mines by …
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Endeavour Mining is West Africa's leading gold producer, with a total output of 40 tonnes in 2022. Apart from Burkina Faso, it is also established in Ivory Coast, Senegal, Mali …
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Burkina Faso has revised its mining code to enable it to take more in royalties in boom times after gold production fell. The West African nation increased the minimum royalty …
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In a significant move reflecting the growing trend of resource nationalism across Africa, Burkina Faso has reached an agreement to nationalize two major gold …
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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 …
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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. …
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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 $300mn.
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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 internal …
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According to the World Gold Council's 2023 figures, Burkina Faso is the 13th-largest gold producer in the world, producing about 100 tons, equivalent to about U.S. $6 …
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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 …
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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 …
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Burkina Faso aims to increase gold autonomy by replacing foreign miners with local ones. The country intends to revoke mining permits of several foreign mining companies within …
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Burkina Faso's mining industry has emerged as a critical driver of economic development, significantly contributing to the nation's GDP and employment. The country is one of the …
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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 …
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Burkina Faso plans to increase control over foreign-owned industrial mines to capture a larger share of revenue from natural resources. Revised mining code and state-owned mining …
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