This strategic move, finalised via a recent decree, is part of a broader initiative to increase the nation's control over its ...

Burkina Faso has completed the transfer of five gold mining assets to the country’s state-owned miner, according to a decree ...

Like its neighboring countries, Mali and Niger, Burkina Faso has strengthened its control over resources since revising its mining code last year. The country established the Société de Participation ...

April 25 (Reuters) - Burkina Faso has granted an industrial mining licence to Russian miner Nordgold for a gold project, the military-led West African government said, aiming to capitalise on ...

Foreign companies, however, continue to dominate the gold mining industry in Burkina Faso. One Russian company, a U.S.-sanctioned Nordgold, operates at least four large mines. Nordgold provides ...

TASS/. Burkina Faso may provide tax breaks or other incentives for Russian gold mining company Nordgold amid new restrictions placed on foreign companies in the latest version of the country’s ...

the Russian giant Nordgold and the Australian company West African Resources are among the 13 major industrial groups producing more than 50 tonnes of gold a year. The mines pay billions of CFA francs ...

The rule also applied to Russian miner Nordgold, which was given a licence in late April for its latest investment in Burkina Faso's gold industry. As part of what Traoré calls a "revolution" to ...

Burkina Faso has granted an industrial mining licence to Russian miner Nordgold for a gold project, the military-led West African government said, aiming to capitalise on record-high gold prices ...