https://www.miningweekly.com
Exploration|Gold|Mining|Projects|Resources|Operations
Exploration|Gold|Mining|Projects|Resources|Operations
exploration|gold|mining|projects|resources|operations

Burkina Faso miners say work continues despite coup

3rd October 2022

By: Reuters

  

Font size: - +

Endeavour Mining's operations in Burkina Faso are "unaffected by recent political events", the gold miner said on Monday after the West African nation's second military coup of the year on Friday.

Endeavour is the biggest mining company in Burkina Faso, with four gold mines - Houndé, Mana, Boungou, and Wahgnion - and two exploration projects.

The company also has mines in Senegal and Ivory Cost, but its Burkina mines account for 54% of expected 2022 production, Berenberg analysts said. Endeavour said it is monitoring the situation and would provide further updates "if appropriate".

Endeavour's London-listed shares fell 1.6%.

West African Resources said its Sanbrado gold mine in Burkina Faso is operating as normal, staff and contractors are safe and the communities around Sanbrado remain calm.

Its shares fell 10% to hit a one-year low.

IAMGOLD, which runs the Essakane mine in the country, did not respond to Reuters questions about the potential impact of the coup.

Edited by Reuters

Comments

Showroom

SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 
SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.518 0.555s - 108pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: