#Burkina Faso: conditions for gold marketing
The fundamental principle for the marketing of gold and other precious substances in Burkina Faso is the principle of prior authorisation. Any individual or legal entity wishing to engage in marketing activities must first hold an authorisation issued by the competent authority.Marketing refers to acts or transactions involving gold and other precious substances in all their forms, including possession,...
Gender and local procurement in the mining sector under discussion in Abidjan
Abidjan is hosting from the 17th to the 20th of October 2022 the forum: "Joint meeting on the 30% campaign and domestic resource mobilisation and local content development".The forum is organised by OXFAM in West Africa in collaboration with Publish What You Pay (PWYP) and Lead Afrique Francophone. It aims to facilitate the establishment of a regional multi-stakeholder platform...
Terrorist attacks: impacts on the industrial mining sector
6 operating mining projects and several research projects closedOver 2,500 jobs lost24.8 billion FCFA in lost revenueIncreased production costs for operating companiesThe all-out terrorist attacks that Burkina Faso has been experiencing since 2015 are having a serious impact on the industrial mining sector. The sector contributed 14.3% of state revenue in 2020 according to data from the Extractive Industries...
Terrorism in Burkina Faso: 3 security incidents against mines in October 2022
The first two weeks of October 2022 were not favourable for the mining sector.Three security incidents against industrial mines were recorded during this period in October 2022.The Karma mine operated by the company Néré mining experienced two attacks during the period.On 13 October 2022, a mine security vehicle was attacked by suspected terrorists. One person was killed, three people...
Artisanal mining zones: Installation of the multi-stakeholder evaluation and monitoring committee
The installation of the multi-stakeholder evaluation and monitoring committee in artisanal mining areas took place on the 14th of October 2022 in Ouagadougou during a ceremony. It is the work of the Alliance for Responsible Mining (ARM) and the Integrated Development Authority of the Liptako-Gourma States (ALG) with the financial support of the Organisation for Economic Cooperation and Development...
Management of mining companies: Directors representing the State get training on financial information
Koudougou, Monday 17 October 2022 (DCRP/MMC). The Secretary General (SG) of the Ministry of Mines and Quarries, Moïse OUEDRAOGO, presided over the opening of the training session for administrators representing the State on the Board of Directors of mining companies. The theme of this training session is: "Financial statements of mining companies: analysis and understanding of financial information by...
#Mine_Essakane: #Tidiane_Barry confirmed as General Director
#Tidiane_Barry was confirmed as General Director of the #Essakane mine on the 13th of October 2022.As a reminder, he was appointed on the 6th of July 2022, as interim General Director of the #Essakane mine after the departure of the former General Director, Mohamed OurribanPrior to this position of General Director, #Tidiane_Barry who has made his career in this...
Local development mining fund: The NGO ORCADE trains the stakeholders of the Orezone Bomboré SA mine
Source: Orezone Bomboré SAThe Organisation for Capacity Development Reinforcement (ORCADE) held a training workshop from the 11th to the 12th of October 2022 on the Local Development Mining Fund (LDMF) at the town hall of Mogtédo, Ganzourgou province, for the benefit of stakeholders of the Orezone Bomboré SA mine. The workshop focused on the origin of the LDMF, how...
Mining fund for local development: communes and regions become billionaires
Communes-3DownloadThe Local Development Mining Fund (LDMF) was created in the 2025 Mining Code. It is funded by 1% of the turnover of operating mining companies and 20% of the proportional royalties collected by the state. The LDMF started operating in 2019. From 2019 to the end of 2021, more than 121 billion FCFA have been collected, distributed and transferred...
Gender in the mining sector: successful experiences
In Burkina Faso, the legal basis is favourable to the inclusion of women in the mining sector. While Burkina Faso has made international commitments, it has adopted several texts in favour of women at the national level. However, gender is poorly taken into account in the texts that govern the sector and in daily practices.What is the degree of...
