In Burkina Faso, gold mines undermined by terrorism
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In the early 2000s, the extraction of yellow metal experienced rapid growth in Burkina Faso, to the point of rising in 2009 to the rank of the leading export product. Twenty years later, gold production is “seriously threatened”, according The Economist of Faso.

“Mining companies have gone out of business due to terrorist attacks, and others are in minimal activity, he writes. At the end of August 2022, total fine gold production stood at 38,737 tonnes, down 13.4% compared to August 2021”. according to data from the Ministry of Economy and Finance.

This slowdown led to a decline in the secondary sector (−2.2%), and a fall in tax revenues from mineral resources. In 2022, the closure of six mining sites operated by the companies Avesoro (Centre-Est region), Nordgold (Centre-Nord) and Riverstone Karma (Nord), belonging respectively to Canadian and Russian groups and to a Burkinabè consortium, have caused a shortfall for the State of 25 billion f

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