So when will new mining code be unveiled?
Mining companies are still waiting for Burkina Faso’s new mining legislation to be unveiled after first expecting it in 2012 [...]
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In the “land of honest men”, former mines ministers reign like kings in the mining sector. President Blaise Compaore certainly has a firm grip on the industry through his brother François but half a dozen former mines ministers are nevertheless to be found in key positions within it – whether in the private sector, consultancy or even the entourage of the head of state. They often have close ties [...]
Will Tambao's promising manganese deposit finally be mined? Its 20 million tons of reserves with a grading of between 52 and 53% make it potentially a world-class mine. After a false start by InterStar Mining, which worked Tambao for six months in 1993 and an abortive project by the Fompex consortium in 2004, several mining companies are now fighting for exclusive rights over the property. But the [...]