Africa
eng
ENGengFRfr
Sub-Saharan Africa
Sputnik brings you all the most recent information, major events, heroes and views, including breaking news, images, videos, analyses, and features.
https://en.sputniknews.africa/20241005/burkina-faso-to-revoke-mining-permits-increase-its-own-gold-production-1068560958.html
Burkina Faso to Revoke Mining Permits, Increase Its Own Gold Production
Burkina Faso to Revoke Mining Permits, Increase Its Own Gold Production
Sputnik Africa
Burkina Faso relies heavily on gold exports, ranking as the world's fifteenth-largest gold producer in 2023, according to GlobalData. 05.10.2024, Sputnik Africa
2024-10-05T17:29+0200
2024-10-07T11:13+0200
sub-saharan africa
ibrahim traore
burkina faso
united kingdom (uk)
west
west africa
gold
gold miners
mining
economy
https://cdn1.img.sputniknews.africa/img/07e8/0a/05/1068560793_0:160:3074:1889_1920x0_80_0_0_f49fda03c779cb0c2d27f133cc80521b.jpg
Burkina Faso will revoke mining permits from some foreign companies and increase its own gold production. While Traore did not name the specific companies affected, the move signals a shift towards greater control over the nation's mineral resources, the country's leader, Ibrahim Traore, announced on Saturday.Several international mining companies operate in Burkina Faso, including Endeavour Mining (UK), West African Resources (Australia), Nordgold (Russia), and Orezone Gold Corporation (Canada).
https://en.sputniknews.africa/20240930/ethiopias-mines-ministry-estimates-gold-to-bring-800-million-this-financial-year-1068488789.html
burkina faso
united kingdom (uk)
west
west africa
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
252
60
2024
Ekaterina Shilova
Ekaterina Shilova
News
en_EN
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
252
60
1920
1080
true
1920
1440
true
https://cdn1.img.sputniknews.africa/img/07e8/0a/05/1068560793_172:0:2903:2048_1920x0_80_0_0_6fbef4921628e56377fca1f9829f2b29.jpg
1920
1920
true
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
252
60
ibrahim traore, burkina faso, united kingdom (uk), west, west africa, gold, gold miners, mining, economy
ibrahim traore, burkina faso, united kingdom (uk), west, west africa, gold, gold miners, mining, economy

Burkina Faso to Revoke Mining Permits, Increase Its Own Gold Production

17:29 05.10.2024 (Updated: 11:13 07.10.2024)
© Valery TitievskiyPurified gold of 999.9 fineness, from which measured ingots are stamped and cast at the Novosibirsk Refinery, and gold.
Purified gold of 999.9 fineness, from which measured ingots are stamped and cast at the Novosibirsk Refinery, and gold. - Sputnik Africa, 1920, 05.10.2024
© Valery Titievskiy
Subscribe
Ekaterina Shilova
Writer / Editor
All materials
Burkina Faso relies heavily on gold exports, ranking as the world's fifteenth-largest gold producer in 2023, according to GlobalData.
Burkina Faso will revoke mining permits from some foreign companies and increase its own gold production. While Traore did not name the specific companies affected, the move signals a shift towards greater control over the nation's mineral resources, the country's leader, Ibrahim Traore, announced on Saturday.

"We know how to mine our gold, and I don't understand why we're going to let multinationals come and mine it," said Ibrahim Traoré, adding that the county is going to withdraw mining permits without specifying which ones.

Gold - Sputnik Africa, 1920, 30.09.2024
Sub-Saharan Africa
Ethiopia's Mines Ministry Estimates Gold to Bring $800 Million This Financial Year
30 September, 18:06
Several international mining companies operate in Burkina Faso, including Endeavour Mining (UK), West African Resources (Australia), Nordgold (Russia), and Orezone Gold Corporation (Canada).
Opinion
Infographic
Special operation in Ukraine
Video
International
Sub-Saharan Africa
North Africa
Russia
App StoreGoogle playAndroid APK
© 2024 Sputnik All rights reserved. 18+
Newsfeed
0