Burkina

In an exciting development, the Australian-listed company has announced a significant milestone that arrived ahead of schedule and under budget. This achievement marks a robust beginning for what is expected to evolve into one of the region’s key gold operations, a testament to the careful planning and execution of the project. As reported by Miningmx, Richard Hyde, Executive Chairman of West African Resources, described the first golden pour from the Kiaka mine as “a major milestone” in their bold ambition to…

Burkina Faso's Bold Gamble on Gold: A Nation Looks Inward OUAGADOUGOU, Burkina Faso — In a remarkable turn of events since the 2022 military takeover, Burkina Faso’s interim government proudly reports revenues of $18 billion stemming from its gold mining sector. Captain Ibrahim Traoré, the figure at the helm of this transformation, took power with a mission to reclaim the nation’s substantial natural wealth for its people. Gold, often romanticized and fraught with stories of both triumph and tragedy, is now…

In a significant development for both Burkina Faso and Russia, an agreement managed by Rosatom, Russia's state-owned atomic energy organization, has set the stage for extensive cooperation in building nuclear infrastructure for peaceful purposes. This partnership highlights both nations' commitment to leveraging nuclear energy as a strategic tool for development and energy diversification. During an enlightening interview with the Russian media outlet Sputnik, Burkina Faso's Minister of Energy, Yacouba Zabré…

On June 17, 2025, a significant message was delivered from Tete, the current chair of the African Union (AU), during his visit to Ouagadougou, the heart of Burkina Faso. His presence in the capital spoke volumes, symbolizing a renewed commitment to addressing urgent security challenges looming over the Sahel region. The essence of António's visit was clear: to bolster continental unity amidst escalating security threats in Burkina Faso and its neighbors. The challenge is sizeable, yet so is the opportunity to…

Nigeria's Diplomatic Efforts: A Path Towards Economic Cooperation in West Africa In a recent press briefing held in Abuja, Nigeria's Minister of Foreign Affairs, Yusuf Tuggar, made a compelling statement that underlines Nigeria's commitment to fostering regional cooperation amid challenges. Despite the political rifts that have recently surfaced, this announcement serves as a reminder that collaboration and mutual progress should remain at the heart of West Africa's agenda. Tuggar conveyed a significant point,…

Recently, I had the opportunity to engage in a roundtable discussion with The Africa Report. During this compelling conversation, Bill Gates raised a significant point regarding the intricate relationship between political stability and healthcare systems in regions led by military governments. He acknowledged that while political dynamics can vary widely, certain areas remain bastions of healthcare efficiency. Gates stated, “Some of those countries run, within the areas of stability, pretty decent health…

Burkina Faso has taken a monumental step toward asserting control over its natural resources by officially transferring five gold mining assets to its state-owned mining company. This move marks a pivotal moment in the nation’s efforts to enhance its sovereignty and economic position in the global mining industry. This transition was confirmed through a decree published late Wednesday, signaling the completion of a process that began in August 2023. The government’s actions reflect a growing desire to centralize management…

Burkina Faso's Bold Move to Enhance National Profit in Gold Mining In a significant development for its mining landscape, Burkina Faso has officially increased its free-carried equity stake in key gold mining projects from 10% to 15%. This change comes in line with the provisions outlined in the new Mining Code, which was adopted in August 2024. It's a pivotal moment, one that reflects a larger narrative of national sovereignty and economic empowerment. This adjustment affects several prominent mining assets, including…

The Future of Gold Production in Burkina Faso: A Professional Insight Burkina Faso is gearing up for a significant boost in its industrial gold production by 2025. This growth is largely fueled by key developments, including the ramp-up of Soleil Resources International Ltd.'s operational projects and the expected commencement of output from a new mine managed by Australia’s West African Resources Ltd. According to Aristide Belemsobgo, the Director General of Mines and Geology at the Ministry of Energy, Mines and…

Burkina Faso and Senegal, both significant players in West Africa, are intricately linked by their historical, cultural, and geopolitical narratives. Their intertwined stories play a vital role in shaping bilateral relations that are growing increasingly relevant in today's complex world. The proximity of these nations within the Sahel region, despite not sharing a direct border, acts as an invisible thread connecting them—woven through a shared commitment to tackling significant security concerns. In recent…