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· Burkina Faso’s military rulers are seeking to process more of its gold locally to ensure control over the country’s main source of revenue following a drop in output. Production sank 15% last ...
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The mining permit also includes an authorisation to install conditioning, processing and refining plants for mineral substances within Burkina Faso. The permit for small-scale mining is valid for ten years as of the issuing date of the decree granting it. It is renewable every five years until the deposit is exhausted.
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Commodity: Mn Sahara supervised and managed the mining process for the 200,000 tons of Manganese ore from the initial test mining carried out for testing the quality of the ore. The project located in Togo is soon to start operations.
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· The manganese mine in the north of Burkina Faso, near the border with Niger and Mali, is thought to contain more than 100 Mt (110 million st) of the metal, used in steel production.
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As the fourth-biggest gold producer in Africa, Burkina Faso has many opportunities for mining professionals, and scarce skills in Mining are in demand. CA Mining has extensive recruitment experience in Africa and our consultants specialise in placing highly skilled candidates, including locals, diaspora, and expats, in Burkina Faso mining jobs.
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· 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 ...
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· Prior to the development of advanced technology mining equipment, freeing manganese from open pit rock beds required a lot more manpower and time. But compact mining equipment and its advanced technology allows manganese miners to produce far more of the valuable ore than was possible even a few decades ago.
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· In 2008, Orezone was acquired by IAMGOLD along with the Essakane gold project. The acquisition was completed by February 2009. IAMGOLD owns 90% of the project with the remaining held by the government of Burkina Faso. The government of Burkina Faso also announced recently that it has reduced its corporate tax rate for …
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· Marula Mining has signed a sales and offtake agreement with Fujax, a UK-based trading group, for manganese ore from the Larisoro mine located in Samburu County, Kenya.
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Burkina Faso has significant deposits of gold, zinc, manganese, lead, silver and phosphates. Gold has now become Burkina Faso’s number one export commodity, with at least 600 ASM sites found throughout the country. Burkina Faso accounts for 21% of West Africa’s total greenstone belt exposure and is the continent 4th largest gold producer.
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· Gold mine Keras Resources will not pursue an exploitation permit for the Nayéga Manganese project in Northern Togo anymore as it concludes its shift to a fully focused American business. Keras will now transfer the permit to state-owned Société Togolaise de Manganèse. The miner will also transfer its intellectual knowledge to the …
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· Burkina Faso approves Pan African Minerals’ manganese mine project. Located near the border with Niger and Mali, the deposit is estimated to contain more than 100 million tons of the metal, which is primarily used in steel production, reported Reuters.
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· Consolidated Minerals (CM) has agreed to be acquired by Chinese company Tian Yuan Manganese Limited, one of the largest electrolytic manganese metals producers in the world. CM has signed a share purchase agreement with Tian Yuan Manganese Limited (TMI), a subsidiary of Ningxia Tianyuan Manganese Industry. …
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