Endeavour mining: Approximately 1.140 billion FCFA paid to mining host countries in 2022 (1/2)
In the form of local purchases, salaries, taxes, royalties, and other contributions to governments81% of total procurement in the country, supporting over 1,600 national and local businesses94% of employees and 57% of senior operational management are West African23 million dollars spent on social investments,Information published in its Sustainability Report 2022Endeavour Mining published its Sustainability Report 2022 on 16 May...
Bagassi mine: gold production to decline in the first trimester of 2023
26,437 ounces of gold produced in the first trimester of 202328% of the Fortuna Group's productionWith an average feed content of 5.94 grams per tonne,A decrease of 6%, compared to the first trimester of 2022Related increase in operating expensesLower operating margins due to lower gradesFortuna Silver Mines, which operates the Bagassi mine in Burkina Faso, has released its financial...
Côte d’Ivoire: Signature of the collective agreement for the “Mines and Quarries” sector profit
This Friday 12 May 2023 in Port-Bouët in Côte d'Ivoire, the signing ceremony of the collective agreement in the "Mines and Quarries" sector took place. The signing was done between the president of the Professional Grouping of Miners of Côte d'Ivoire (Groupement Professionnel des Miniers de Côte d'Ivoire, GMPCI), Jean-Claude Diplo and the president of the Ivorian Federation of...
Mining sector: Newmont buys Australian company Newcrest for 19 billion dollars
About 11,000 billion FCFANewmont becomes a global giant in gold productionNewcrest had rejected a previous offer of 17 billion dollarsAustralian mining company Newcrest has announced that it has agreed to be acquired by its US rival Newmont for 19 billion USD on Monday 15 May 2023. The takeover will create a new global giant in gold production.Melbourne-based Newcrest shareholders...
Underground mines: The risks explained in the booklet “Scaling and the adventures of Moussa the miner”
A work developed by TS Solutions Mining Sarl90% manual scaling is done after blasting60% of deaths in underground mines are related to ground conditionsThe activity related to the extractive industry is not without risk for the personnel working in underground mines. Aware of all these risks, the TS Solutions Mining Sarl Underground Mining Training Centre has prepared a 27-page...
Local development mining fund: 7 billion FCFA for Houndé and 152 million FCFA for Soaw
Since 2019 Houndé has received 7 billion FCFA from the LDMFIn Saow, the LDMF received is estimated at 152 million FCFAVarious achievements madeFrom health and social promotion centres to schools and boreholesThe Local Development Mining Fund (LDMF), created by the 2015 Mining Code, is an asset for the socio-economic development of Burkina Faso's communes. In the framework of the...
Mining sector: what can students contribute in a context of insecurity?
The Burkina Faso Student Mining Association (Amical des Etudiants Miniers du Burkina Faso or AEM/BF) organised a symposium on Friday 12 May 2023 in Ouagadougou. Focusing on the themes of "security context in Burkina Faso: role and responsibility of mining students" and "internship and employment opportunities in mines and quarries", the main objective of this symposium is to make...
Essakane mine achieves impressive production results in the first trimester 2023
Decline in production compared to the last trimester of 2022Security situation impacts on the supply chainGood prospects for the rest of the yearIamgold Corporation released on 11 May 2023 its financial and operating results for the first trimester ended 31 March 2023 in a press release. These results include those of Iamgold Essakane Sa, the mine it operates in...
What is left of the Kalsaka mine after the ransacking of the people?
Kalsaka, a mine in ruinsThe risks of looting were known to local and national authoritiesThe tumultuous history of KalsakaThe scene at the Kalsaka mine site is desolate. Doors and windows of buildings torn off. The mining installations have been dismantled, debris scattered on the ground, and many gold miners are searching for gold on the perimeter. The Kalsaka mine,...
Endeavour Mining: Houndé, Mana and Boungou gold production to decline in the first trimester of 2023
Against an increase in Wahgnion's productionIncreased operating costs in Houndé, Mana and BoungouLower costs for WahgnionEndeavour Mining operates 4 industrial mines in Burkina Faso including Houndé, Boungou, Mana and Wahgnion. On 4 May 2023, the company presented the operational and financial results for the first trimester of 2023 for all its mines.In the first trimester of 2023, Endeavour Mining's...
