Russian mining company Nordgold is carrying activities to extend the lifetime of its Bissa-Bouly gold mine in Burkina Faso.
The managing Director Howard Golden said that this should secure not only the future of these high-quality assets but also the jobs of over 1,200 local workers. These activities include exploration, operations, and continuous improvement projects.
In a statement issued yesterday May 15, the company indicates that it’s 2018 exploration campaign at Bissa-Bouly is growing rapidly and that it should achieve increasing resource target. The program covers an 86 km drilling and aims at the progressive entry into production of certain reserves (Samtenga, Ronguen, Zinigma, and Yimiougou), as of 2019.
“Bissa and Bouly's combined annual gold production is expected to exceed 300,000 ounces per year in the mid-term, making it one of the largest companies in Burkina Faso, a feat Nordgold is very proud of” the MD said.
In 2017, Nordgold drilled a total of 61 km, increasing mineral resources by almost 1.147 million ounces and adding 70,000 ounces to ore reserves.
Louis-Nino Kansoun
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Djibouti receives a $35 million grant to expand rural access to drinking water The project will benefit over 120,000 people and strengthen...
DeAfrica is training 1,068 participants from 45 African countries in AI The program aims to prepare youth for a fast-evolving AI-driven economy The...
Ghana will block telecom access for users linked to mobile money fraud The measure relies on the national ID system used for SIM...
ICAO is auditing aviation security in Kinshasa and Lubumbashi from March 18–30 The review is key to improving compliance and restoring...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...