Burkina Faso miners say work continues despite coup
Endeavour Mining’s operations in Burkina Faso are “unaffected by recent political events”, the gold miner said on Monday after the West African nation’s second military coup on Friday.
Endeavour is the biggest mining company in Burkina Faso, with four gold mines – Houndé, Mana, Boungou, and Wahgnion – and two exploration projects.
The company also has mines in Senegal and Ivory Coast, but its Burkina mines account for 54 per cent of expected 2022 production, Berenberg analysts said. Endeavour said it monitors the situation and would provide further updates “if appropriate”.
Endeavour’s London-listed shares fell 1.6 per cent.
West African Resources said its Sanbrado gold mine in Burkina Faso is operating as normal, staff and contractors are safe, and the communities around Sanbrado remain calm.
Its shares fell 10 per cent to hit a one-year low.
IAMGOLD, which runs the Essakane mine in the country, did not respond to Reuters questions about the potential impact of the coup.
(Reuters/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Africa
Assets of illegal Nigerian immigrants proceeds of crimes, will be sold to compensate our citizens, says South African govt
She said Nigerians who stayed in the country illegally will not be compensated for the assets and properties they are leaving behind.
Lagos
Troops intercept truckload of illicit drugs on Lagos-Calabar coastal highway
He said preliminary investigations revealed that the illicit consignment was being transported to the Berger area of Lagos State.
![Governor Ahmed Ododo of Kogi [Photo Credit: Twitter]](https://gazettengr.com/wp-content/uploads/G_al6PKXIAAfMKN.jpg)
States
Kogi bans roadside revenue collection, haulage fees
“Offenders will be treated as criminals and economic saboteurs and, upon arrest, will be prosecuted in accordance with the law,” he stated.
States
Three-month-old, eight other family members killed in fresh Plateau attack
He said the attack began at about 11:00 p.m. on Saturday and lasted for more than an hour into the early hours of Sunday.
States
Rescue of Oyo abduction victims validates Tinubu’s security strategy: TMSG
According to the group, rescuing the victims after nearly two months in captivity affirms improved inter-agency synergy.
States
APC wins 18 chairmanship, 192 councillorship seats in Edo LG poll
The All Progressives Congress (APC) won all the seats across the state’s 18 local government areas and 192 wards.
