The Burkina Faso Chamber of Mines began in 1996 as the Professional Association of Miners, aiming to defend the interests of members and the mining industry in Burkina Faso. Burkina Faso is among the poorest countries in the world, and the mining sector accounts for roughly 20 percent of its GDP.
Gold in Africa is attracting attention. Here's a look at companies that are currently mining gold in Ghana, Mali and Burkina Faso.
Our primary objective is to minimize potential environmental impacts throughout the lifecycle of our mines, from discovery through to post-closure, and to …
West African Resources Limited is an Australia-based gold mining company. The Company is engaged in mining, mineral processing, exploration, project development, community and social sustainability, and rehabilitation within the West African country of …
In recent weeks, mining companies in Burkina Faso have begun transporting local employees to mines by air instead of by road. Previously, only foreign staff flew to the mines.
The company said the new military leadership had released a statement urging people of Burkina Faso to "go about their business in peace". It added it remained on track to meet 2022 production ...
The Chamber of Mines of Burkina (CMB) is the umbrella organization of mining companies in Burkina. It is a non-profit association created in July 2011 to stand for the …
Much of Burkina Faso's artisanal mining output is smuggled out through neighboring countries without royalties or tax revenue going to the state budget. Rampant insecurity has resulted in the installation of costly security measures which in turn have raised operating costs for mining companies.
By 2010, at least 60 international companies were already involved in exploration and mining in Burkina Faso. These included companies from Australia, Canada, Russia and South Africa. More than 600 permits were awarded at that time.
Youga Gold Mine. The Youga gold mine is situated 180km south-east of Ouagadougou, the capital city of Burkina Faso. Initially owned by Endeavour Mining, the mine was sold to Avesoro Jersey (formerly MNG Gold) in February 2016.
Essakane Gold Mine, Burkina Faso. Overview Geology & Mineralization Mining & Processing Outlook Sustainable Mining. Ownership: 90% IAMGOLD, 10% Government …
As other African jurisdictions [31], Burkina Faso now intends to increase its benefits from the sector by increasing its equity participation in mining companies and increasing tax burdens for mining companies. Burkina Faso also intends to improve its local economy by increasing local employment and business opportunities for Burkinabe …
Russia's mining firm Nordgold has closed its Taparko mine in Burkina Faso and declared force majeure over security concerns in the country.
Complete list of Burkina Faso mining companies as well as stock quotes and recent news.
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A Canadian emerging precious metals mining company delivering long-term value to our shareholders, our host communities, and our employees. ... Burkina Faso, Côte d'Ivoire, Mexico, and Peru produce gold and silver and abide by the highest international health, safety, security, and environmental standards. Our offices are located in Canada ...
On top of this stability, Burkina Faso offers attractive terms: it has a low corporate tax rate of 20% for mining companies, the government is entitled to a 10% free carried interest in mining ...
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 …
The Mana mine has produced more than 2.1Moz of gold in its operating history and continues to expand. Mana was acquired by Endeavour in July 2020, as part of its …
Mines owned and operated by Canadian mining companies in Burkina Faso are continuing to operate unaffected by the political situation in that country. Canadian miner Iamgold said that the supply ...
Endeavour Mining has closed the divestment of its 90% stake in its non-core Karma mine in Burkina Faso to Néré Mining.
Endeavour Mining has sold 200 kilograms (7054.79 oz) of gold from its Mana mine in Burkina Faso to the West African country's government, the company told Reuters on Wednesday.
Workers at Endeavour Mining's (TSX, LON: EDV) Houndé mine in Burkina Faso, the company second-biggest gold operation, have walked off the job on Tuesday, blocking the access road to the site.
Impact of New Mining Technologies on Large-Scale and Artisanal Mining in Burkina Faso points to 25%, tax on income from marketable securities is cut by half to 12.5%, and an exemption from stamp duty applies to companies …
Mineral Resources, Reserves and LOM Production Target. West African Resources' Sanbrado Gold Operations are located ~90km east-southeast of Ouagadougou, the …
Burkina Faso's Mining Code (Article 15) mandates the publication of mining contracts or agreements in the government's official journal. ... Regarding legal owners and share of ownership of companies, Burkina Faso's report indicates that this information in principle is obtainable at the commercial register (RCCM), free of charge, upon ...
Endeavour is the biggest mining company in Burkina Faso, with four gold mines - Houndé, Mana, Boungou, and Wahgnion - and two exploration projects.
Nordgold is an internationally diversified one million ounce gold producer with about 8,000 people operating a portfolio of eight mines (in Russia, Kazakhstan, Burkina Faso and Guinea) and a number of development and exploration projects in …
The Houndé mine is one of our cornerstone assets. The mine was built ahead of schedule and below budget, with commercial production commencing in Q4 2017. Since then, the CIL plant has consistently performed well and is able to operate at more than 30% above nameplate capacity.
Burkina Faso is the world's fifteenth-largest producer of gold in 2023, with output up by 4% on 2022.