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Outside of the mine licence area, we have exploration permits over a land package covering more than 1,600 square kilometres, which is referred to as the B#233;louro area. Extensive exploration work is ongoing within this area. Inata Gold Mine. The Inata Gold Mine is 90% owned by Avocet and 10% owned by the Government of Burkina Faso.
Burkina Faso, formerly Upper Volta, is one of the poorest countries in the world. It ranks 183rd out of 187 countries on the UNs Human Development Index, yet it also ranks fourth in Africas production of gold. Following sweeping reforms to mining regulations in 2003, Burkina opened its doors to
05/09/2020#0183;#32;From tonnes in 2007, gold production rose to more than 52 tonnes in 2018, according to Burkinas Chamber of Mines. The sector made up per cent of economic output in 2018.
08/03/2020#0183;#32;Tene Konates family cannot believe how she earns a living. She drives a huge truck around the Hounde gold mine in Burkina Faso. The 42yearold single mother is
The Yaramoko Mine Complex is situated in the Hound#233; greenstone belt region in the Province of Bal#233; in southwestern Burkina Faso. The property is located approximately 200 kilometres southwest from the capital city of Ouagadougou. The Yaramoko Mine Complex consists of two highgrade underground gold mines: the 55 Zone and Bagassi South.
18/12/2019#0183;#32;12/18/2019 Burkina Faso (International Christian Concern) Groups with links to al Qaeda and the Islamic State are growing in Africa and leveraging power by seizing control of illegal gold mines, particularly in Burkina have gained access to approximately 2 billion dollars worth of illegal gold trade.
19/09/2016#0183;#32;Gold Dust: Under Blaise Compaore''s leadership, Burkina Faso''s unregulated gold rush has had a devastating effect on mining conditions. This report digs deep int...
Gold mining in Burkina Faso: Traditional versus modern 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 thus substantially increases capital intensity and
Teranga currently holds the fully permitted Wgnion gold project (mine license and five exploration permits) and the owned Golden Hill advanced exploration property, acquired in October 2016 as part of the acquisition of Gryphon Minerals. Burkina Faso represents a significant portion of the West African Birimian greenstone belt exposure (approximately 22%).
The Youga gold mine is situated 180km southeast 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. The mine was then acquired by Avesoro Resources in December 2017. Commercial gold production at the Youga gold mine started in 2008.
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