Wega Mining Burkina Faso

  • Avocet Mining PLC About

    The acquisition of Wega Mining brought Avocet 90% ownership of the Inata gold project in the Bélahouro district of northern Burkina Faso. Inata achieved commercial production following first gold pour on 20 December 2009. Production capacity was subsequently increased and the Inata mine produced 118,000 ounces of gold in 2013 and 86,000 ounces

  • Avocet Mining Wikipedia
    OverviewHistoryOperationsProductionExternal links

    Avocet Mining was formed in 1995 and a year later listed on LSE with a market capitalisation of £72m with gold deposits in Peru, tungsten interests in Portugal, Peru and California and an operating gold mine in Penjom, Malaysia. In 1999 the Company divested tungsten operations to focus on gold. Avocet moved onto the AIM market in 2002, with a market capitalisation of £12m. In the same year the Company acquired 80% in North Lanut, Indonesia and a 49% interest and management control in gold mining co

  • Wikipedia · Text under CC-BY-SA license
  • Kalsaka/Sega Gold Mines, Amara Mining plc/Perseus Ltd

    En Français ci-dessous ----- The mining sector in Burkina Faso was previously mostly dominated by small–scale and artisanal endeavours. Small artisanal mining in Kalsaka started in the early 1980s and intensified after the 1984’s drought when low harvests forced farmers to diversify their sources of revenues.It was then an activity practiced during the dry season.

  • BURKINA FASO'S FIFTH GOLD MINE IN CONSTRUCTION

    Aug 19, 2008· Development of the Inata gold mine project in Burkina Faso’s northern Sahel region began this year. After Taparko, Kalsaka, Youga and Mana, Inata is the fifth gold mine in Burkina Faso to begin construction. Norwegian company Wega Mining owns 90% or the project with the remaining 10% belonging to the Burkina Faso government. Wega Mining’s interest in Burkina Faso derives from its

  • Wega Mining Burkina Faso ttmteak

    Wega Mining Burkina Faso Gold in Burkina Faso spilpunt.blogspot Jan 12, 2008· Wega Mining ASA is an Oslo-based international mining company focused on exploring, developing and operating gold, copper and zinc deposits.

  • Avocet Mining PLC Operations Burkina Faso

    The mining code of Burkina Faso entitles the state to a 10% ownership of a mining operation on a free carry basis. Avocet acquired its interest in Inata through its acquisition of Wega Mining in June 2009. The mine was commissioned that year and first gold was poured in December 2009. The current mine licence extends to 2027.

  • Artisanal versus industrial mining: impacts on poverty in

    Downloadable (with restrictions)! Abstract The impact of industrial mining and artisanal and small-scale mining (ASM) on poverty is generally analyzed at local level, with very little consideration of the impact on the regional level. The multi-level and multidimensional nature of the phenomenon of poverty requires a multifaceted analysis. The aim of this work is to analyze the impact of ASM

  • Cited by: 1
  • Mining industry of Burkina Faso Wikipedia

    Gold Mining often plays a significant role in Burkina Faso’s economy.Burkina Faso has become Africas 4th biggest producer of gold in 2012. Production of mineral commodities is limited to cement, dolomite, gold, granite, marble, phosphate rock, pumice, other volcanic materials, and salt. Child slavery is common place in the gold industry.

  • Avocet Mining PLC Operations Resources and reserves

    The Company’s Burkina Faso Mineral Resource estimates are presented in the tables below, quoted for blocks above a nominated cut-off grade of 0.8g/t Au. The Inata and Minfo Mineral Resources were depleted to the end December 2014 mining surface.

  • Avocet Mining PLC Operations Geological maps

    Avocet Mining Operations Download hi res image: West African Gold Mining Operations Download hi res image : Burkina Faso : Burkina Faso Operations 2012 Download hi res image: Inata Gold Mine, Burkina Faso 2012 Download hi res image: Inata VTEM Survey, Burkina Faso Download hi res image : VTEM Survey Download hi res image: Bélahouro License

  • BURKINA FASO'S FIFTH GOLD MINE IN CONSTRUCTION

    Aug 19, 2008· Development of the Inata gold mine project in Burkina Faso’s northern Sahel region began this year. After Taparko, Kalsaka, Youga and Mana, Inata is the fifth gold mine in Burkina Faso to begin construction. Norwegian company Wega Mining owns 90% or the project with the remaining 10% belonging to the Burkina Faso government.

  • Avocet plans £73m takeover of Wega Mining This is Money

    Avocet Mining said on Tuesday it plans to buy Wega Mining for about $108million (£73million) in a shares and debt deal that would create a gold company with annual output of about 300,000 ounces.

  • Spilpunt: Burkina Faso

    Apr 12, 2007· The remaining 10% belongs to the Government of Burkina Faso. Mining at Taparko commenced in 2005, with the first gold poured in late 2007. The Taparko mine has been developed with three open pits. Mining of the Bouroum mine, which consists of three deposits, commenced in

  • Overview on Mining Law in Burkina Faso and Current Trends

    Burkina Faso also adhered to the Treaty on the Harmonization of Business Law in Africa (“OHADA”). [8] II. General Principles The Mining legislation aims to promote investment in the mining sector in Burkina Faso and to promote exploration and exploitation of natural resources necessary for the economic and social development of Burkina Faso.

  • Several killed in attack on Burkina Faso gold mine site

    Several killed in attack on Burkina Faso gold mine site. Report says about 20 killed in attack in Soum province, latest in spate of violence blamed on armed groups.

  • Agreed the sale of its Burkina Faso assets Company

    the sale of its Burkina Faso assets The transaction with the Balaji Group comprises a sale by Wega Mining AS ("Wega Mining"), a wholly-owned subsidiary of Avocet, of the entire issued share capital of Resolute to Greater Success Global Limited, a member of the Balaji Group (the "Purchaser"), for USD 1 in cash, pursuant to a share purchase

  • Avocet Mining has agreed the sale of its Burkina Faso Assets

    Dec 21, 2017· Avocet announced that it has entered into an agreement to sell all of its assets in Burkina Faso, including the Inata gold mine, together with certain receivables of the Company’s group to the

  • Avocet Mining Wikipedia

    Burkina Faso. Avocet Mining’s operations in Burkina Faso are located within a 1,660 km2 land package in the Bélahouro district approximately 220 kilometres north-east of the capital, Ouagadougou. Outside of the Inata Gold mine license area, Avocet Mining has exploration permits over a large land package broadly known as Bélahouro.

  • Avocet Mining Closes Sale of Burkina Faso Assets. Free

    Avocet said the sale of the Burkina Faso assets has been part of a larger restructuring and discussions are ongoing with Avocet's sole creditor, Manchester Securities Corp. regarding the restructuring of its overdue loans to the company which total 28.7m (and which are secured, in part, over the shares in Resolute (West Africa) Ltd, SMB and Goldbelt).

  • Avocet Mining LinkedIn

    Learn about working at Avocet Mining. Join LinkedIn today for free. See who you know at Avocet Mining, leverage your professional network, and get hired.

  • Burkina Faso Extractive Industries Transparency Initiative

    Jan 24, 2020· The mining sector in Burkina Faso is considered one of the most dynamic in West Africa. The development of the mining sector was made possible through intensified investment, the opening of industrial mines and an evolution of the legal and regulatory framework for the sector. The main resources are gold, zinc, copper, manganese, phosphate and

  • Endeavour Mining Corporation Careers

    Endeavour Mining is a premier African gold producer, with four operating mines across Côte d’Ivoire and Burkina Faso, a development project in Mali and strong exploration potential. The operating teams are supported by a regional office in Abidjan, Côte d’Ivoire and a corporate team in London, UK.

  • Burkino Faso attack blamed on 'foreign Australian Mining

    Nov 11, 2019· Burkina Faso has been fighting a jihadist insurgency that has increased in the country since 2015. To keep up to date with Australian Mining, subscribe to our free email newsletters delivered

  • Gold mining in Burkina Faso: Who wins? VoxDev

    Gold mining in Burkina Faso: Traditional versus modern. In Burkina Faso, artisanal mines are managed in public commons, while the production area of industrial mines is enclosed. The establishment of an industrial mine thus substantially increases capital intensity and productivity, while privatising natural resources.

  • Avocet Mining Closes Sale of Burkina Faso Assets. Free

    Avocet said the sale of the Burkina Faso assets has been part of a larger restructuring and discussions are ongoing with Avocet's sole creditor, Manchester Securities Corp. regarding the restructuring of its overdue loans to the company which total 28.7m (and which are secured, in part, over the shares in Resolute (West Africa) Ltd, SMB and Goldbelt).

  • Avocet Mining LinkedIn

    Learn about working at Avocet Mining. Join LinkedIn today for free. See who you know at Avocet Mining, leverage your professional network, and get hired.

  • Burkina Faso Extractive Industries Transparency Initiative

    Jan 24, 2020· The mining sector in Burkina Faso is considered one of the most dynamic in West Africa. The development of the mining sector was made possible through intensified investment, the opening of industrial mines and an evolution of the legal and regulatory framework for the sector. The main resources are gold, zinc, copper, manganese, phosphate and

  • Endeavour Mining Corporation Careers

    Endeavour Mining is a premier African gold producer, with four operating mines across Côte d’Ivoire and Burkina Faso, a development project in Mali and strong exploration potential. The operating teams are supported by a regional office in Abidjan, Côte d’Ivoire and a corporate team in London, UK.

  • Burkino Faso attack blamed on 'foreign Australian Mining

    Nov 11, 2019· Burkina Faso has been fighting a jihadist insurgency that has increased in the country since 2015. To keep up to date with Australian Mining, subscribe to our free email newsletters delivered

  • Gold mining in Burkina Faso: Who wins? VoxDev

    Gold mining in Burkina Faso: Traditional versus modern. In Burkina Faso, artisanal mines are managed in public commons, while the production area of industrial mines is enclosed. The establishment of an industrial mine thus substantially increases capital intensity and productivity, while privatising natural resources.

  • Burkina Faso's Gold Sector To Continue Shining

    Indeed, ex-South Africa, Burkina Faso boasts the largest number of new mining projects in development across mining markets in SSA. The country has 14 new projects currently under construction according to our mining projects database, significantly ahead of third-placed Tanzania with 10 and Côte d'Ivoire with 7 (see chart below).

  • DESK REVIEW OF ARTISANAL AND SMALL-SCALE GOLD

    USAID AMPR BURKINA FASO ASGM DESK REVIEW 4 2.0 ASGM SECTOR OVERVIEW 2.1 EXTENT OF ASGM AND PUSH/PULL FACTORS BEHIND GROWTH As in Ghana and Mali, artisanal gold mining in Burkina Faso has old roots, with archeological evidence pointing to extraction as far back as the 15th century (Bohbot 2017). While the current boom is

  • Burkina Faso: 37 killed in attack on Canadian mining

    Burkina Faso: 37 killed in attack on Canadian mining convoy. Security sources say the death toll is expected as there is a large number of people still unaccounted for.

  • Embattled West African gold miner sells its Burkina Faso

    Dec 19, 2017· Embattled West African-focused Avocet Mining has entered into an agreement to sell all of its assets in Burkina Faso, including the Inata gold mine. Avocet Mining will sell it assets to Ghana-based Balaji Group of companies for a total consideration of US$5 million 2.5 million of which will be payable in cash at completion and the remaining

  • Sanbrado Gold Operation West African Resources Ltd

    The Sanbrado Gold Project is 90km east-southeast of Ouagadougou, the capital of Burkina Faso. The Project covers an aggregate area of 116km², comprising one granted mining permit and one granted exploration licence. West African has a 90% interest in the Sanbrado Gold Project with the Government of Burkina Faso holding a free-carried 10% interest.

  • Mining In Burkina Faso The Diggings™

    Burkina Faso has 12 identified mines listed in The Diggings™. The most commonly listed primary commodities in Burkina Faso mines are Gold,Manganese,and Nickel .At the time these mines were surveyed, 6 mines in Burkina Faso were observed to have ore mineralization in an outcrop, shallow pit, or isolated drill hole—known as an occurance mine. 1 Burkina Faso has 3 prospect mines. 2 3

  • Avocet has agreed the sale of its Burkina Faso assets

    Dec 30, 2017· Avocet announced that it has entered into an agreement to sell all of its assets in Burkina Faso, including the Inata gold mine, together with certain receivables of the Company’s group to the Balaji Group of companies for a total consideration of USD 5 million. Completion of the transaction is expected to occur on 11

  • BUSINESS ENVIRONMENT AND INVESTMENT

    Burkina Faso is the 4th cattle-rearing in West and Central Africa Poultry: 42 million Goat breeding: 13 million Sheep: 8 million Cattle: 8.5 million Pigs: 2.2 million Meat production in 2012 was 319.946 tons, far below the national need Milk production in 2012 was 283.6 million de litters, that