Burkina Faso Expands State Control Over Gold Ventures with New Law
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…