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.
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