US EditionJunta-Led Burkina Faso Nationalises Five Gold Mining Assets – Business Insider Africa - Afric Info
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Junta-led Burkina Faso nationalises five gold mining assets – Business Insider Africa - Afric Info
Source link : https://afric.news/2025/06/17/junta-led-burkina-faso-nationalises-five-gold-mining-assets-business-insider-africa/ Author : Mia Garcia Publish date : 2025-06-17 07:27:00 Copyright for syndicated content belongs to the linked Source.
Burkina Faso Boosts State Ownership in Gold Mining Projects Under New Law
Burkina Faso has formally increased its free-carried equity share in major gold mining operations from 10% to 15%, following the implementation of the country’s revised Mining Code, adopted in August 2024. The new legislation aims to ensure the nation benefits more significantly from its gold resources by granting the government a larger, cost-free stake in profitable mining ventures. This change directly affects several prominent gold projects,…
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