Burkina Faso Mining News

B2Gold to produce 5m ounces of gold at Mali mine after $50m expansion

Average annual gold output would increase to more than 550,000 ounces in the five-year period 2020 – 2024, and over 400,000 ounces during the remaining seven years.

Avesoro boosts reserves at Youga mine in Burkina Faso

The company has increased the mineral reserves at its Youga gold mine by 23% – extending the mine life by an additional four years to 2031.

Avesoro Resources sticks to 2019 guidance, despite gold output drop

The Canadian gold producer churned out 45,098 ounces of gold in the first three months of 2019, flat quarter-on-quarter, but 34% lower than in the same period a year earlier.

ISIS claims kidnapping and killing Canadian geologist in Burkina Faso

In the he latest issue of propaganda newsletter Al-Naba, ISIS took responsibility for the abduction and murder of Halifax, Nova Scotia-based Kirk Woodman.

West Africa — an emerging gold exploration investment hotspot

Data shows West Africa has the biggest growth rate in the yellow metal’s resources in the world.

B2Gold to invest $50 million in Fekola mine expansion

It could take the Malian mine gold output to 7.5-million tonnes a year from the current 6-million tonnes.

Pan African Minerals’ $2.2B claim over giant manganese deposit contract dismissed by court

Tambao, one of the world’s largest manganese mines, has been halted since 2015 after Burkina Faso's new government ordered the company to stop production.

SEMAFO and Savary Gold join forces to expand in Burkina Faso

The deal will allow the Canadian miners to consolidate their Karankasso and Mana properties.

Fatality at Essakane

The incident occurred at the end of the night shift and during the operation of the contractor haul truck on site.

Teranga completes initial resource on Golden Hill

Teranga Gold is “pleased with the grades, strong continuity and widespread mineralization.”

SEMAFO tables maiden resource at Bantou gold zone

SEMAFO expects to produce between 390,000 oz. gold and 430,000 oz. gold in 2019.

Roxgold anticipates strong 2019

The Yaramoko mine is situated in the Houndé greenstone belt region in the Province of Balé in southwestern Burkina Faso.

Burkina gold miners shaken by Islamic terror

This week, the country’s parliament voted to extend a state of emergency that has been in place since Dec. 31, by six months – following a string of terrorist incidents in several northern provinces, included the recent murder of Canadian geologist, Kirk Woodman.

Canadian geologist Kirk Woodman murdered in Burkina Faso

Woodman was an accomplished and respected geologist with a career spanning over 30 years.

Avesoro Resources shares jump after exceeding 2018 gold production target

Avesoro’s annual production jumped by 15% to 220,458 ounces of gold compared with 2017, with its New Liberty mine in Liberia alone churning out 109,107 ounces.

B2Gold hits record gold output in 2018 thanks to new Mali mine

For 2019, the Canadian miner forecasts gold production of between 935,000 and 975,000 ounces at all-in sustaining costs estimated at between $835 and $875 per ounce.

Endeavour Mining increases stake in Ity gold mine to 85%

The Canadian miner now owns 85% of Ity, the government of Ivory Coast 10% and State-owned mining company Sodemi the remaining 5%.

Iamgold eyes growth in Burkina Faso, unveils resource estimate for Gossey

Combined indicated and inferred resources for the satellite deposit, located 15 km northwest of its Essakane operation in Burkina Faso, amount to 376,000 gold ounces.

Semafo reports third security incident in Burkina Faso

Jihadist militants ramp up attacks against security forces.

Acacia Mining ends earn-in deal with Sarama in Burkina Faso

Acacia chose to divest of South Houndé as part of an ongoing review of its exploration portfolio, to focus on core projects.

Endeavour increases indicated resource 90% at Kari Pump

The company has now upgraded 90% of its Kari Pump resource to the indicated category.

B2Gold opens major new solar farm at its Namibia mine

The plant is expected to improve B2Gold’s economic returns, reduce impacts on the environment and become a potential funding source for community development.

Burkina Faso to end tycoon Frank Timis's manganese mining contract

Timis's Pan African Burkina Limited (PAB) acquired the rights to the Tambao mine, which it says holds 100 million tonnes of manganese reserves, in June 2012.

Burkina Faso seeks new partner for $1 billion manganese project

Burkina Faso is looking for a new partner to mine the world’s largest manganese deposit after rights disputes thwarted two earlier attempts.

Endeavour on track to pour first gold from Ity mine next year

Firm said the $412-million construction project to upgrade the Ivory Coast-based gold mine remained on-time and on-budget.