Support for internally displaced persons : The Endeavour Foundation donates 600 million FCFA to Burkina Faso
On 3 November 2023, Endeavour Mining company initialled a memorandum of understanding with the government of Burkina Faso through its Ministry of Energy, Mines and Quarries. This memorandum of understanding is Endeavour Mining's response to the call to contribute to the peace effort.The agreement between the mining company Endeavour Mining and the State of Burkina Faso, which comes into...
Orezone Bomboré: 3rd trimester 2023 financial results published on 6 November 2023
Orezone Gold Corporation announced today, 6 November 2023, in Vancouver, Canada, that it will announce third trimester 2023 results on Tuesday, 14 November 2023, after the market closes. A conference call and audio webcast to discuss the results will be held on Wednesday, 15 November 2023.Orezone Gold Corporation is a Canadian mining company that operates the Bomboré gold...
Fighting cancer: free screening and awareness-raising for women in 3 mining communities
To mark the month of Pink October, dedicated to the fight against women's cancers, the Chamber of Mines of Burkina Faso has organised an awareness-raising session and free cancer screening. The event is held on 27 October 2023 in 3 villages for women from the Orezone Bomboré SA mine's area of operation, in the commune of Mogtédo. The Association...
Mali: Building the capacity of local suppliers to meet the international requirements of the mining sector
Mali's Ministry of Mines has organised a capacity-building workshop for local mining suppliers. The aim of the workshop was to enable local suppliers in the mining sector to familiarise themselves with international requirements in order to satisfy mining companies.Mali is at a turning point in its socio-economic development, and the extractive sector is expected to make a considerable contribution....
Mauritania: The mining sector to contribute 30% of government revenue by 2022
Revenues collected mainly by the Mauritanian Single Treasury Account (Compte Unique du Trésor - CUT)The one-off licence fee and dividends account for 58% of revenuesNational Industrial and Mining Company (Société Nationale Industrielle et Minière - SNIM) brought in 80% of mining revenuesMauritania's Extractive Industries Transparency Initiative (EITI) 2022 report, published in October 2023, revealed the importance of the mining...
Cameroon: Poor disclosure of information on artisanal gold mining
In September 2023, the African Regional Centre for Endogenous and Community Development (Centre Régional Africain pour le Développement Endogène et Communautaire - CRADEC) published a study report on transparency in the mining sector. With a focus on the artisanal and small-scale mining sub-sector in Cameroon, this study aims to be preventive and curative of transparency in Cameroon in the...
Education: SOMISA SA mine offers 02 university scholarships
The JSK Sanbrado Mining Company (Societe Des Mines De Sanbrado - SOMISA) has announced that, for the second year running, it has offered university scholarships to two recipients for the 2023-2024 academic year. SOMISA is operated by West African Resources. Under the scholarship programme, 02 recipients are selected each year.This year's scholarships were awarded to two high school students,...
Increase in gold royalties: No impact on West African Resources’ operations in Burkina Faso
West African Resources points out that the mining companies were involved in the review processAn increase in costs of around 6 to 8 USD per ounce at current gold pricesBut its production costs remain below 1175 USD per ounceThis change will have no impact on Kiaka's financing.West African Resources announced on 30 October 2023 that "after consultation with the...
Côte d’Ivoire: Scale of compensation for destruction in rural areas adopted
On 1 August 2018, the government of the Republic of Côte d'Ivoire, through an order, set a scale on compensation for the destruction or planned destruction of private property such as crops and other investments in rural areas and slaughter of livestock. Read more about this text.With this decree, the Ivorian authorities intend to settle the prejudices that will...
South Africa: Miners from the Gold One gold mine taken hostage in the galleries by a trade union
In South Africa, around 500 miners have been trapped in the gallery of the Gold One gold mine in the Johannesburg region since Sunday 22 October 2023. The reasons for this action vary depending on who is involved. The mine's management and the NUM trade union are claiming that the miners have been taken hostage by the AMCU, the...
