Burkina Faso targets bigger royalties as gold production drops
Burkina Faso has revised its mining code to enable it to take more in royalties in boom times after gold production fell. The West African nation increased the minimum royalty rate for spot price ...
Newmont Mining forms net-zero partnership with
US-based gold producer Newmont Mining has collaborated with mining equipment manufacturer to deliver a zero-emissions mining system to improve safety and productivity in the industry. The collaboration will contribute to Newmont's greenhouse gas (GHG) emissions reduction targets. Newmont previously pledged to …
Burkina Faso : Endeavour Mining a investi 894 milliards de …
Endeavour Mining dispose de quatre mines au Burkina Faso et emploie plus de 3 000 personnes. Les Burkinabè représentent 95% de l'effectif global de l'entreprise. Ce sont notamment les mines d'or de Houndé dans le Tuy, Mana dans la province du Mouhoun, la mine de Boungou dans la Tapoa et la mine de Wahgnion dans …
Avesoro signs mining contract for Burkina Faso's Youga Gold
Avesoro Resources' subsidiaries Burkina Mining and Netiana Mining have signed an open pit mining contract with Orkun Group at the Youga Gold Mine in Burkina Faso.. The mining programme is based on the excavation of approximately 800,000 to 900,000 bank cubic metres (BCM) of material per month, including a monthly minimum of 120,000t of …
Nantou Mining receives exploration permits renewal in Burkina Faso
October 31, 2011. Share this article. Blackthorn Resources subsidiary Nantou Mining has received a three year renewal for its Seboun and Sepaogo exploration permits in Burkina Faso. Seboun and Sepaogo exploration permits cover an area of 185sq km and 26.4sq km respectively, and are strategically located adjacent to the Poa and Guido permits to ...
Québec to support Newmont Goldcorp's mine 4.0 plan
The Government of Québec in Canada has agreed to support Newmont Goldcorp's mine 4.0 plan, which aims to create an 'interconnected mine of the future'.. The move will see the government investing C$1.75m ($1.3m) in a project at Newmont Goldcorp's Eleonore mine, where the site facilities will be connected to the existing regional fibre optic network.
Roxgold's mine in Burkina Faso greenlighted by the …
Yaramoko is situated specifically in the province of Bale in southwestern Burkina Faso, about 200 km southwest of the capital Ouagadougou. At the site's 55 Zone, Roxgold is advancing a high ...
Newmont Reports Fourth Quarter and Full Year 2023 …
2023 Results1. Completed the acquisition of Newcrest Mining Limited on November 6, 2023, creating the world's leading gold company with robust copper …
Russia's Nordgold closes Burkina Faso gold mine
Russia's gold mining firm Nordgold has closed its Taparko mine in Burkina Faso and declared force majeure over security concerns in the country, reported Reuters citing a company statement.. Nordgold subsidiary Société des Mines de Taparko (SOMITA) director-general Alexander Hagan Mensa was cited by the news agency as saying that …
Asante Gold to bid for Newmont's Akyem mine
Opening bids for the mine, which Anthony said are due by the end April, come amid soaring prices for bullion. Akyem produced 420,000 ounces of gold a year at the end of 2022, according to Newmont ...
Newmont to cut Ghana gold mine workforce by June
Newmont operates two mines in the West African country. Ahafo, which produced its first gold in mid 2006, and Akyem, which began commercial production in 2013. The Ahafo and Akyem projects comprise about 20% of our Newmont's assets worldwide.
Mana Mine | Endeavour Mining
The Mana mine has been producing gold for over a decade and comprises both open pit and underground operations. Development of the Siou underground mine, using the long-hole method, was completed in Q1 2020. ... Burkina faso 2.2 MOZ M&I Resources 0.9 MOZ P&P RESERVES 150-170 KOZ Production 2024 Target $1,200-1,300 /OZ AISC …
West Africa Gold Mining to 2024
However, production from Burkina Faso was estimated to have grown by 2% in 2020, despite the impact of COVID-19. AngloGold Ashanti Ltd, Newmont Corp., Gold …
Mining market in Burkina Faso
Burkina Faso has been experiencing a mining boom since the early 2000s, mainly in gold but also in the zinc and manganese sectors. Today, the country is Africa's fifth-largest …
SUMMARY AHAFO SOUTH PROJECT
Burkina Faso to the north. Approximately 21 million people inhabit Ghana, an area approximately 670 km north to south and 560 km east to west totaling 238,540 square …
newmont mining burkina faso
Lead hand Burkina Faso Working Independantly ... Newmont Mining Corporation Feb 2012 - Sep 2014 2 years 8 months. Ouagadougou Working with the Geology team in the Regional Exploration Department In general phosphate rock ... known for growing Fronteer Gold from a $2 million start-up into a high profile development-focused gold company …
Six workers killed in accident at Newmont Mining's project …
April 9, 2018. Share this article. Six miners have been killed following the collapse of the roof of a tunnel at Newmont Mining's Ahafo Mill Expansion (AME) project in Ghana. The accident occurred as an eight-person contractor crew was working inside the reclaim tunnel of the project. Two of the eight workers also suffered minor injuries as a ...
Nexus Gold to Conduct Reconnaissance Program at the Manzour …
Situated in southwestern Burkina Faso, near the border with Ghana, the area is home to several producing mines, including Yaramoko (Roxgold), Hounde (Endeavour), Poura (Newmont), Bondi (Sarama).
Newmont closes $16.8bn buyout of Newcrest Mining
Credit: Postmodern Studio/Shutterstock. Mining giant Newmont has concluded the $16.8bn (A$26.2bn) takeover of Newcrest Mining, leading to the formation of what it claims to be the globe's leading gold miner. The merged entity will also have a "robust" production of copper, stated Newmont. Last month, Newcrest Mining's …
Newcrest shareholders approve $16.8bn Newmont buyout
October 13, 2023. Share this article. The $16.8bn deal is expected to close by the end of this month. Credit: Postmodern Studio/Shutterstock. Newcrest Mining shareholders …
Byrnecut Burkina Faso wins $110m contract for
Byrnecut Burkina Faso has received a $110m contract to deliver mining services at West African Resources' Sanbrado gold project located in Burkina Faso. The contract is valid for a period of five years and involves a deferred payment plan of up to $10m. The scope of the contract includes underground portal establishment for M1 …
Burkina Faso: Mining, Minerals and Fuel Resources
The GDP of Burkina Faso was $22.32 billion in 2011. The natural resources of Burkina Faso are limited and include gold, manganese, limestone, and marble. Phosphates, pumice, and salt are also available in small quantities. The mining sector of the country is currently undergoing a big change as nearly 60 international companies …
Newmont to invest $540m to extend life of Cerro Negro …
US-based mining company Newmont is planning to invest $540m to extend the life of its Cerro Negro gold mine in Argentina, Bloomberg reported. Located in Santa Cruz, the operation comprises three high-grade underground operating mines, namely Eureka, Mariana Norte and Mariana Central. The operation also consists of two …
Driving positive change in Burkina Faso's mining …
More than 600,000 people in Burkina Faso rely on small-scale gold mining to earn their living. The vast majority of these artisanal miners use mercury and other toxic …
Solar to play pivotal role in mining group Newmont's …
US Gold mining group Newmont will invest US$500 million over the next five years in solar and wind technology in an effort to reach carbon neutrality by 2050. Chief executive Tom Palmer told ...
Newmont suspends mining activities at Mexico gold project
According to Newmont, the Peñasquito gold project provided $1.9bn in "economic value" to Mexico. This number is comprised of taxes and royalties paid to the state, wages paid to the employees and community infrastructure investments. Peñasquito has been beset by strike action in the past. In 2019, an illegal blockade was established …
Trevali to close Burkina Faso zinc mine after deadly flood
Canadian mining firm Trevali will close its Perkoa zinc mine in Burkina Faso, ... The project is currently being developed as an earn-in joint venture signed with Newmont in July 2022.
Newcrest shareholders approve $16.8bn Newmont buyout
Newcrest shareholders will receive 0.400 Newmont shares for each share held. October 13, 2023. Share this article. The $16.8bn deal is expected to close by the end of this month. Credit: Postmodern Studio/Shutterstock. Newcrest Mining shareholders have approved the company's proposed $16.8bn (A$26.2bn) takeover by mining giant …
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At least 55 killed in gold mine blast in Burkina Faso
The first blast occurred at around 2pm on 21 February, followed by more explosions in the Poni province. An explosion near the informal gold mine in southwestern Burkina Faso has resulted in the deaths of at least 55 people and wounded more than 100 others. Citing Sansan Kambou, a forest ranger who was at the site at the time of the …
Burkina Faso gold output drops
Gold production in Burkina Faso has dropped in the past year, new data has shown. The nation's Ministry of Mines, Quarries and Energy has said that gold output fell 1.5% in 2023 to a low of 57.3 tonnes. According to GlobalData, Mining Technology 's parent company, Burkina Faso was the world's 14th-largest producer of gold in 2022, …