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 (DGD) – oversee the …
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 …
Miner progresses Burkina Faso mine deepening plans
The company – which first poured gold at the project in March 2020, six months ahead of schedule and $20-million under budget – has a 90% interest in Sanbrado, with the …
Endeavour, Lilium settle dispute on Burkina Faso mines
Endeavour Mining and Lilium Gold have signed a settlement agreement with Burkina Faso for the divestment of the Boungou and Wahgnion mines.. Pursuant to the agreement, Lilium will transfer ownership of Boungou and Wahgnion mines to the State, with Endeavour receiving a $60 million cash consideration, including an upfront $15 million …
The emergence of artisanal gold mining and local …
Artisanal gold mining (AGM) plays an important role in the economic development of Burkina Faso with over 2 million people directly or indirectly engaged in the activity in over …
Burkina Faso: Global Gold Expansion and Local Terrains
The West and South-West of Burkina Faso have a long history of artisanal and small-scale gold mining (ASGM) (Kiétéga 1983; Werthmann 2007) but further expansion of ASGM dates from the 1980s.Currently, ASGM supports nearly 1.2 million people 1 in a country with a population of 19.7 million, hence it is a significant source of livelihood. 2 In the 1980s, …
Getting children out of the gold mines in Burkina Faso
"Burkinabe boys and are lured to the artisanal gold mines in the hopes of a better life, but find themselves stuck in a dead-end cycle of danger and despair. You cannot eliminate child labour in a community when the income of the family is so low," said Marc Rubin, UNICEF Burkina Faso Resident Representative.
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 the gold …
Burkina Faso: Orezone Plans to Increase Bomboré Gold …
With ambitions to elevate annual gold output in Burkina Faso to 185,000 ounces by 2026, up from the projected 125,000 ounces for the current year, Orezone Gold outlined an $80 million investment toward this objective. ... The expansion entails constructing a new processing plant with an annual capacity of 4.4 million tonnes. However, due to ...
Burkina Faso to launch its first gold refinery by the end of 2024
Burkina Faso's President, Ibrahim Traoré, laid the foundation stone for a national gold refinery on November 23, 2023. With an annual refining capacity of 150 tonnes, the …
Gold Price in Burkina Faso
Gold Price in Burkina Faso Today: per oz 1,642,769.25 West African CFA francs. Burkina Faso gold price latest current gold rates in Burkina Faso today 24 hour realtime spot gold price. The most current gold price in West African CFA franc 24,22,18,14,10,6 carat. SPOT GOLD 2721.68 $-0.02% (-0.68) High:2722.36 | Low:2722.07.
Mana mine
Burkina Faso Mana exploration The primary objective is to increase the mine life to 10 years, and Endeavour sees considerable additional opportunity remaining with the five year discovery target for Mana now set for 1.0 to 1.5 million ounces of Indicated resources at a discovery cost of less than US$30/oz.
Documentation of planetGOLD Burkina Faso ASGM …
Equipment credit: this product enables miners in the processing chain to acquire mercury-free processing units for their gold operations. To complement this product offering, training curricula on mercury-free gold processing were also developed and training was provided at the project's pilot site in the southwest region (Dano).
Burkina Faso: Mining, Minerals and Fuel Resources
The majority of Burkina Faso's population is engaged in agricultural activities, and the economy of the country is dependent on the revenues from gold and cotton exports. The GDP of Burkina Faso was …
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 …
Burkina Faso: Global Gold Expansion and Local Terrains
This chapter analyses how global mining capital arrived in Burkina Faso and how it touched ground, focusing on the way it articulates with artisanal mining and affects local …
Doropo gold project, Burkina Faso – update
Mineral processing will be undertaken through a 4-million-tonne- to 5.5-million-tonne-a-year semiautogenous grinding mill, ball mill and crusher circuit, and a conventional …
The Artisanal Gold Council (AGC), RESOLVE, the Responsible Minerals …
Burkina Faso is the fourth largest industrial gold producer in Africa and it has an equally large and thriving artisanal gold mining sector. The expansion of Burkina Faso's industrial and artisanal mining sector in recent years has led to a dramatic shift in the country's economy, which presents both opportunities and challenges, including environmental and human rights concerns.
Major Mines & Projects | Wahgnion Mine
Since commercial production was achieved, Wahgnion's processing plant has performed ~25% above nameplate capacity for throughput and gold recovery. Endeavour claimed in its 2023 financial results that Lilium failed to complete the payment for the sale of its 90% interests in the Burkina Faso Boungou and Wahgnion mines, leading to arbitration ...
Burkina Faso to Refine its Own Gold
The new refinery promises to transform the Burkinabé gold industry. With an annual capacity of 150 tons of pure gold, it will empower Burkina Faso to capture the full economic value of its …
Burkina Faso Ouagadougou edges closer to gold refinery build
His department prepared a decree regulating smelters of gold and other precious substances as wall as gold refineries and processing units in Burkina Faso for tailings …
West African Resources reports high-grade gold at Burkina Faso …
ASX-listed unhedged gold mining company West African Resources has reported high-grade gold mineralisation from recent resource definition diamond drilling within the M1 South (M1S) Main Deeps ...
Major Mines & Projects | Boungou Mine
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.
What Are The Major Natural Resources Of Burkina Faso?
Gold . The most important mineral in Burkina Faso is gold with the nation being the fourth largest gold producer on the African continent. Data indicates that Burkina Faso's gold reserves are some of the most explored on the African continent. According to the Burkinabe government, the nation may have deposits of gold in its northern edge.
Gold Price in Burkina Faso Today
Price of Gold Bullion in Burkina Faso in West African CFA Franc. The price of gold bullion 5 grams 24K in Burkina Faso: 264,064.63 West African CFA Franc The price of gold bullion 10 grams 24K in Burkina Faso: 528,129.25 West African CFA Franc The price of gold bullion 20 grams 24K in Burkina Faso: 1,056,258.50 West African CFA Franc The price …
Sanbrado gold project, Ouagadougou, Burkina Faso
The Sanbrado gold project is a high-grade underground and open-pit operation located approximately 90km east-southeast of Ouagadougou, the capital city of Burkina Faso. West African Resources (WAF) holds a 90% interest in the Sanbrado gold project, while the Government of Burkina Faso has a free-carried 10% interest in the project.
Major Mines & Projects | Inata Mine
Regional Office: Rue 22.29 Porte C01 Secteur 22 Zone du Bois,01 BP 3422 Ouagadougou 01 Burkina Faso
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. ... s Sanbrado Gold Operations and will be a satellite mining operation providing 6.5 years of ore feed to the Sanbrado processing plant. ... based on a US$1,400/oz gold price and current drilling. The Mineral ...
Challenges and Opportunities for Women at Artisanal Gold …
Artisanal and small-scale gold mining often uses rudimentary technology, requires physically demanding dangerous labour and is routinely undertaken by marginalized communities in an informal setting.In Burkina Faso, approximately 20-30% of those working on mine sites are women, where they carry out various tasks such as crushing ore, collecting water, …
The emergence of artisanal gold mining and local …
History reveals that Africa was the main supplier of gold in Europe until the discovery of America in 1492 [18, 19], but West African countries such as Burkina Faso have experienced remarkable growth in the exploitation of mineral resources over the past ten years, [18, 20, 21]. As a result, Burkina Faso faces major governance challenges due to ...