Insight
Burkina Faso eyes bigger slice of the nation’s gold mines
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Report summary
Burkina Faso's in-power junta requested an additional 35% stake in West African Resources' Kiaka gold mine in late August. This comes as a wider initiative across West Africa to take greater ownership of the region's gold mines amid the 2025 price rally. The country's leaders have made updates to the mining code, including greater free-carried interest for the state, options to acquire additional equity in assets and the strengthening of local content laws. These changes may be viewed as new challenges to international miners operating in country, but could pave the way for a more stable industry in an otherwise more unpredictable region of the world.
Table of contents
- Nationalisation of the mines
- Location of major mines
- Revising the mining code
- Challenges from new mining code
- Opportunities related to mining code
- Similar trends in neighbouring countries
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