Home News Burkina Faso Has Resources To Mine Its Own Gold, Says President Traoré
NewsWorld

Burkina Faso Has Resources To Mine Its Own Gold, Says President Traoré

423
Captain Ibrahim Traoré

Burkina Faso’s President, Ibrahim Traoré revealed on Saturday that the country has the resources and skills to mine its gold without relying on multinational companies.

“I do not understand why we know how to exploit gold and we let multinationals come and exploit our gold. We will do it ourselves,” President Traoré stated while addressing citizens.

He added that all the gold mines in the country are in his plans and hinted on revoking mining permits of some multinational companies, allowing Burkina Faso to manage these resources directly.

Traoré further highlighted the work of the Agency for the Promotion of Community Entrepreneurship, which has begun gold mining in the South-West region. He said if the agency increases its capability, it will be given other exploitation permits.

The head of state also said the Burkina Mining Participation Company (SOPAMIB) is already operational and will benefit from several mines for exploitation in the country.

Read: Burkina Faso Suspends Shea Nuts Export To Support Local Processing Industry

Three Arrested in South Africa Over Massacre of 18 Relatives

About The Author

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Human rights advocate and author, Dele Farotimi, has expressed heartfelt gratitude to Nigerians for their overwhelming support during his recent legal ordeal
Human RightsNews

Farotimi Appreciates Nigerians for Uniting Beyond Divisions to Support Him During Trial

Human rights advocate and author Dele Farotimi has expressed heartfelt gratitude to...

Mali Renames ECOWAS Square
News

ICYMI: Mali Renames ECOWAS Square to Confederation of Sahel States Square

Mali has renamed ECOWAS Square in its capital, Bamako, as Confederation of...

Home-based Super Eagles has delivered a solid performance to defeat Ghana's Black Galaxies 3-1 in the second leg of their African Nations Championship (CHAN) qualifier at the Godswill Akpabio Stadium.
NewsSports

Home-based Eagles Beat Ghana 3-1 to Qualify for First CHAN in 6 years

Home-based Super Eagles delivered a solid performance to defeat Ghana’s Black Galaxies...

Enyimba
NewsSports

Enyimba Sacks Head Coach Yemi Olarenwaju, Appoints Stanley Eguma as Replacement

Enyimba FC, the record-holding champions of the Nigeria Premier Football League (NPFL),...