Gold mining in Burkina Faso: Who wins?
In Burkina Faso, artisanal mines are managed in public commons, while the production area of industrial mines is enclosed. The establishment of an industrial mine …
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In Burkina Faso, artisanal mines are managed in public commons, while the production area of industrial mines is enclosed. The establishment of an industrial mine …
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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 Finance – including the General Tax Directorate (DGI), the General Treasury and Public Accounting Directorate (DGTCP) and the General Customs Directorate …
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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 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. …
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Section snippets Gold mining in Burkina Faso. Several features of gold extraction in Burkina Faso make it the ideal candidate from which to assess the impact of artisanal versus industrial gold extraction. First, we describe why the interaction of the two main drivers of the recent gold rush, namely the gold price and gold reserve locations, …
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OUAGADOUGOU, Burkina Faso (AP) — A strong explosion near a gold mining site in southwestern Burkina Faso killed 59 people and injured more than 100 others Monday, the national broadcaster and witnesses reported. The provisional toll was provided by regional authorities following the blast in the village of Gbomblora, RTB …
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Gold production has begun at Nordgold's Bouly operation located 5km from its existing Bissa mine in Burkina Faso; Bouly will have an average annual production of c.120 thousand ounces ("koz ...
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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 …
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The Essakane mine, which is Iamgold's biggest operation, has produced a record 432 000 oz in 2022, despite operational challenges because of supply chain issue in Burkina Faso. The mine exceeded ...
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Name of the Project Kiaka gold project. Location About 45 km south of West African Resources' (WAF's) existing Sanbrado gold mine, in Burkina Faso. Project Owner/s West African Resources (WAF ...
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Gold is Burkina Faso's main export, accounting for 37% of total exports in 2020, and mining is a leading source of jobs.
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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
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Six mining companies closed down in 2022, while one more ceased activity last year. Output of the precious metal fell 1.5% to 57.3 tons in 2023, the Ministry of Mines, Quarries and Energy said.
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Africa-focused Teranga Gold (TSX, ASX:TGZ) said Thursday its Banfora gold project in Burkina Faso, which would become its second West African gold mine, has the potential to boost the company's ...
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Burkina Faso accounts for 2% of global production, with the largest producers being China, Russia, Australia and Canada. Endeavour Mining is one of the …
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In Burkina Faso Nordgold already operates the Taparko mine, which was the first mine built in the country in 2007. The launch of Bissa makes Nordgold the first gold miner operating two mines in Burkina Faso. Bissa is situated in the rural commune of Sabce, 100 km north of the capital of Burkina Faso, Ouagadougou.
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Avocet is a focused West African gold mining and exploration company with its primary operations in Burkina Faso and Guinea. The company is listed on the London Stock Exchange and the …
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Joining us at the Taparko mining company, the first private mine of Burkina Faso and the first African mine of Nordgold, means taking part in anexciting trip to gold exploration with a team of multinational …
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FILE - An artisanal gold miner picks up a gold nugget at an unlicensed mine in Gaoua, Burkina Faso, Feb. 13, 2018. In recent weeks, mining companies in Burkina Faso have begun transporting local ...
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In 2021, Burkina Faso was Africa's fourth largest gold producer after South Africa, Ghana, and Mali. There are currently 17 industrial-scale mines in the country, all of which 17 are gold mines. These gold mining firms come primarily from Australia, Canada, Russia, and Turkey.
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The nation's Ministry of Mines, Quarries and Energy has said that gold output fell 1.5% in 2023 to a low of 57.3 tonnes. According to GlobalData, Mining Technology's parent company, Burkina Faso was the world's 14th-largest producer of gold in 2022, with production up 7% from the previous year.
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Burkina Faso's Mining Minister Simon-Pierre Boussim poses for a photo, after speaking to Reuters, before the start of the 2023 Mining Indaba in Cape Town, South Africa, February 5, 2023.
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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 …
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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 …
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In October 2018, France scrambled two jets to strike militants attacking a gold mine in northern Burkina Faso. Earlier this year, Burkina Faso's government asked mining firms to help fund a ...
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(Ecofin Agency) - Burkina Faso is set to have a new active gold mine next year, the Kiaka mine. 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.
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Burkina Faso and the gold mining sector. Burkina Faso shows the typical features of a resource-rich, low-income country in sub-Saharan Africa (The World Bank, 2018). Although gradual urbanization is taking place, the majority of the people continue to live in rural areas where they make their livelihoods by small-scale farming and livestock ...
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Landlocked, Burkina Faso is wedged between Mali and Niger to the northwest and east, and borders Ghana on the north. Although large foreign countries had mined Burkina Faso gold for almost half a century, it wasn't until the famines of the 1980s forced families off their farms that artisanal or small-scale mining took root. Since then ...
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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. 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 …
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Endeavour Mining's Boungou mine produced 35% less gold in the first three quarters of 2022 compared to the same period in 2021. Lower productivity was partly due to delays in getting security ...
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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 ...
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West African Resources, listed on the ASX, is the developer and owner of the Sanbrado gold mine in south-central Burkina Faso in West Africa. Commissioned in …
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With an annual refining capacity of 150 tonnes, the facility, whose total cost has not been disclosed, will produce its first gold eleven months from now. The project is …
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Our portfolio includes: Inata gold mine, 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 …
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