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Archive for 2017

30 December 2017

Avocet has agreed the sale of its Burkina Faso assets

30 December 2017

 Avocet announced that it has entered into an agreement to sell all of its assets in Burkina Faso, including the Inata gold mine, together with certain receivables of the Company’s group to the Balaji Group of companies for a total consideration of USD 5 million. 

Completion of the transaction is expected to occur on 11 January 2018, conditional upon the satisfaction of a condition as described below.

 
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INDUSTRIAL GOLD PRODUCTION IN BURKINA: 2016 HAS FULFILLED ITS PROMISES

6 November 2017

Burkina Faso that was long time underexplored for gold despite its excellent geological setting emphasized by it series of prolific greenstone belts, is now known as Africa’s Fastest Growing Gold Producer. Burkina’s gold output jumped more than 20 times in a decade becoming the country’s most valuable export, accounting for almost 80% of its incomes. Based on available figures, the Burkina Faso mining sector contributed for CFA F 191 408 000 000 of budgetary revenues in year 2015.

At the end of 2016, 9 gold mines were operating in Burkina Faso (among the 10 new gold mines

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Dear Reader,

2 November 2017

Welcome to our new platform, still specialized in the analysis and processing of mining industry information in Burkina Faso (and in West Africa)!

You are many thousands of people who have been following us every day since 2012 and we are committed to providing a fair and equitable analysis of all aspects of a challenging sector, so that you are not only from those who know but among those who understand!

To fulfill our commitments and continue to give you the best of the mining sector, Burkina Emine is professionalizing Read more »

Trevali Mining Corporation acquired Perkoa Zinc mine in Burkina

4 September 2017

Glencore has sold its 90% stake in the Perkoa mine in Burkina Faso, and its 80% stake in the Rosh Pinah mine, as well as its 39% interest in the Gergarub project, both in Namibia, to zinc-focused base metals miner Trevali Mining Corporation for a total consideration of US$417.8-million.

The transaction included a cash payment of US$245-million and shares in Canada-based Trevali worth Read more »

New mining companies’ breakthrough in Burkina Faso

17 July 2017

Mako Gold focus on Niou and Tangora gold

After his success story with Orbis Gold that led to the discoveries and pre-developments (up to feasibility study) of Natougou and Nabanga high-grade gold deposits, Peter Ledwidge and his new team are getting back in the saddle and setting out to conquer the new Eldorado in Burkina Faso with Read more »

New mining companies breakthrough in Burkina Faso

12 May 2017

NEXUS Gold Corporation to conquer gold from Niangouela and Bouboulou in north-central Burkina Faso Canadian junior company Nexus Gold recently announced the discovery of large-scale gold mineralization on its permits in Burkina Faso. These results include intersections in DD drill holes prefiguring the discovery of a decent deposit reflect the important discovery potential through the country. Back on a success history with

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Natougou gold deposit, first pour for 2018

10 April 2017

The Natougou Gold Project is located in Burkina Faso, 320km south-east of Ouagadougou the capital city. Within the Diapaga greenstone belt, the deposit is on the Boungou permit belonging to Semafo.

Detained at 90% SEMAFO Boungou S.A and 10% by Burkina State, Natougou is a high-grade sub-horizontal deposit with a strong structural control.

The construction work was Read more »

West African confirms Sanbrado as +150,000 ounces per annum gold producer by 2019

27 February 2017

Gold developer West African Resources Limited (ASX, TSXV: WAF) announced the results of its Open Pit Feasibility Study, prepared in accordance with the requirements of the 2012 JORC Code and NI 43-101, for the Sanbrado1 Gold Project, Burkina Faso.  The study envisages an initial 9 year mine life, with strong early Read more »

West African Awarded Mining Permit

27 January 2017

On the 19th January 2017, Gold developer West African Resources Limited (ASX, TSXV: WAF) announced that the Council of Ministers of the Government of Burkina Faso has approved its mining permit application for the Sanbrado Gold Project (formerly known as Tanlouka Gold Project), Burkina Faso. This announcement follow the milestone reached when West African resources reported on the 8th December 2016, that it has received environmental approval for the Tanlouka Gold Project from Read more »

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To read on burkina-emine: INDUSTRIAL GOLD PRODUCTION IN BURKINA 2016 HIGHLIGHTS AND 2017 CHALLENGES .

IAMGOLD best gold producer…
NORDGOLD best operating company in terms of exploration / endogenous growth…
SEMAFO best producer in terms of cash flow…

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