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Burkina-Faso: towards the nationalization of industrial mines operated by foreign companies

02/05/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Le gouvernement du Burkina Faso a annoncé le mardi 29 avril 2025 la nationalisation des mines industrial, which are operated by foreign companies.

As part of the creation of the Burkina Faso Mining Participation Company (SOPAMIB), the country wants to nationalize industrial mines, which are operated by foreign companies. This action made it possible to take control of two gold mines previously operated by Endeavour Mining. According to the Prime Minister of Burkina Faso, Rimtalba Jean Emmanuel Ouédraogo, “the Burkina Faso mining participation company has already bought two industrial mines, in particular Boungou and Wahgnion, and this will continue [...] The objective is to optimize the benefits of

mining for Burkina Faso”.
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