Burkina Faso: Mining continues to produce despite military coup
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- Category: Africa
- Created: Saturday, 15 October 2022 20:25
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Despite the military coup in Burkina Faso - the second in a short time - mining monopoly Endeavour Mining is keeping miners working at its mines. Endeavour is the largest mining company in Burkina Faso, operating four gold mines - Houndé, Mana, Boungou and Wahgnion - and two exploration projects.
The company also has mines in Senegal and Côte d'Ivoire, but its mines in Burkina Faso account for 54 percent of its expected 2022 production, analysts at Berenberg said. The mining group said it was monitoring the situation and would provide further information "as appropriate". The security situation in Burkina Faso is currently very tense following the military uprising.