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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
2024-10-05T17:29+0200
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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
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Burkina Faso to Revoke Mining Permits, Increase Its Own Gold Production

17:29 05.10.2024
© 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
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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).
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