Ministry of Energy, Mines and Quarries: Installation of a new Technical Advisor and Director of Information Systems
On Thursday 19 July 2023, Moïse Ouédraogo and Amadou Kaba were appointed Technical Adviser and Director of Information Systems respectively. This follows an appointment by the Council of Ministers on 12 July 2023.Moïse Ouédraogo was appointed by Cabinet Director Yaya Sankara. Prior to this appointment, Moïse Ouédraogo, a financial services administrator, held a number of positions, including Secretary General...
Burkina Faso: Launch of a study on illicit financial flows in the extractive sector
Part of the transition agendaIt will be carried out by a committee of local experts with the support of UNCTAD.The study report is expected in 2024The mining sector is exposed to FFI in Burkina FasoThe Extractive Industries Transparency Initiative (EITI) is carrying out a study on Illicit Financial Flows (IFF) in the extractive sector. The official launch of the...
Amendment to the Burkina Faso Mining Code: Enabling the Local Development Mining Fund to contribute to the Patriotic Support Fund
The Minister of Mines, Simon-Pierre Boussim, visited the Transitional Legislative Assembly (ALT) on 17 July 2023 to discuss the draft revision of the Mining Code, according to the Ministry of Mines' communications department. He was received by the members of the ALT's Sustainable Development Commission (Commission du Développement Durable - CDD). The purpose of the meeting was to discuss...
Glencore: 2023 half-yearly production report available on 17 July 2023
Glencore has announced in a press release dated 17 July 2023 that it will publish its Half Year Production Report 2023 on Friday 21 July 2023. "The announcement will be released by the Regulatory News Service of the London Stock Exchange and will be available on our website (www.glencore.com) at 7am in the UK". Glencore is one of the...
DRC: The Kamoa-Kakula Hausse mine records an increase in copper production in the second trimester
On 5 July 2023, the management of the Kamoa-Kakula mine in the Democratic Republic of Congo announced that the Kamoa complex had produced a record 103,786 tonnes of copper concentrate during the second trimester of 2023, despite a relatively difficult environment.According to executive co-chairman Robert Friedland and president Marna Cloete, the copper complex achieved record production of 103,786 tonnes...
Yaoundé: Training on the Transparent Management of Extractive Resources in Africa from 17-28 July 2023
From 17-28 July 2023, more than twenty participants from nine French-speaking African countries, including Burkina Faso, will meet in Yaoundé, Cameroon, with a view to improving their knowledge and capacity to positively influence the transparent and responsible management of extractive resources in Africa, in a context currently marked by debates on the urgency of a transition to the use...
Mali: Leo Lithium awards Goulamina mining services contract to Corica Mali
Leo Lithium Limited announced today, 14 July 2023, that it has finalised the contract for mining services at the Goulamina lithium project in Mali to Corica Mali, a subsidiary of Corica Mining Services. The contract is valued at around 348 million US dollars (approximately 200 billion FCFA). The contract has a duration of five and a half years, including...
Mining Craftsman’s Day: Mechanisms to better organise and promote the sector in prospect
The second Mining Craftsman's Day (Journée de l’artisan minier- JAM) will be held on 21 and 22 July 2023 in Gaoua. As a prelude to this event, the organising committee held a press conference on Thursday 13 July 2023 in Ouagadougou. With the theme "Artisanal mining: what mechanisms are needed to formalise operators in order to improve the socio-economic...
Burkina Faso: Orezone Bomboré expects to reach its annual production forecasts in 2023
Orezone Gold Corporation has released second trimester production results from its Bomboré gold mine in Burkina Faso. The press release was issued on 12 July 2023 in Vancouver, Canada.According to the press release, the company produced 35,482 ounces in the second trimester, totalling 76,783 ounces for the first semester of 2023. It sold 33,608 ounces of gold at an...
Burkina Faso: Increase in grades and ore milled in the second trimester of 2023 at the Yaramoko mine (Bagassi)
Fortuna Silver Mines, which operates the Bagassi (Yaramoko) mine in Burkina Faso, has published its production results for the second trimester of 2023. The release took place on 12 July 2023 in Vancouver, Canada. Fortuna Silver Mines Inc. is a Canadian precious metals company with 05 operating mines in Argentina, Burkina Faso, Côte d'Ivoire, Mexico and Peru.Production up 4%...
