News Industry

Burkina Faso’s Gold Output Set to Rise as WAF Starts Kiaka Mine

Burkina Faso’s Gold Output Set to Rise as WAF Starts Kiaka Mine
Tuesday, 01 July 2025 07:52
  • West African Resources began gold production early at Burkina Faso’s Kiaka mine, set to yield 234,000 oz/year.
  • The project aims to reverse declining national output, forecast to rise to 65 tonnes by 2027.
  • Other mines, including Bomboré and a new Nordgold site, will also boost production.

West African Resources (WAF) has poured the first gold bar at its new Kiaka gold mine in Burkina Faso, the Australian company announced Monday, June 30. This marks the commissioning of a key asset expected to help counter the country's recent decline in gold production.

Kiaka is a large-scale open-pit operation designed for an annual output capacity of 234,000 ounces of gold over a 20-year mine life. The mine began operations ahead of its original schedule, which was slated for the third quarter of 2025, and will boost Burkina Faso's gold output this year.

According to the World Bank, Burkina Faso is projected to produce 56 tons of gold in 2025. This figure is expected to rise to 64 tons in 2026 and 65 tons in 2027. These projections contrast with the country's industrial output in recent years: 67 tons in 2021, 57.6 tons in 2022, 56.8 tons in 2023, and just 53.3 tons in 2024.

In addition to Kiaka, several other projects are expected to contribute to the country's production rebound in the coming years. These include a ramp-up at Canadian firm Orezone's Bomboré mine, government-backed efforts to increase output at the Boungou and Wahgnion mines, and the commissioning of a new gold operation by Russian miner Nordgold.

Written in French by Emiliano Tossou,

Translated and adapted into English by Mouka Mezonlin

On the same topic
Libya signed a deal with TPAO to restart offshore exploration across four maritime zones The NOC is marketing 22 blocks and shifting to more...
West African Resources began gold production early at Burkina Faso’s Kiaka mine, set to yield 234,000 oz/year. The project aims to reverse...
Liberia ranks 9th in Africa’s 2024 Electricity Regulatory Index, up 28% since 2022. Reforms boosted scores, but power supply remains unreliable,...
• Emmerson devalues Khemisset potash project by $21.1 million due to legal dispute• Environmental permit rejected twice over water use concerns amid...
Most Read
01

• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...

Israel-Iran conflict raises new threats for global shipping and oil trade
02

Lebara Group is now bringing its affordable and reliable mobile services to Africa, starting with Ni...

Telecoms: Lebara Enters Nigerian Market with Strong Competitive Ambitions
03

• Google unveils Veo 3, its latest AI tool for ultra-realistic video generation• Experts warn deepfa...

Deepfake Threat Becomes Alarming in Africa as AI Advances Faster Than Laws
04

In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...

In Five Years, Francophone Africa Will be A Major Force in African Tech –Régis Bamba
05

• Gates Foundation commits $1.6 billion over five years to Gavi.• Bill Gates warns of rising ch...

Gates Foundation Pledges $1.6 Billion to Gavi to Boost Global Child Vaccination
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.