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Deal #4952 Version #70250

Burkina Faso

Created at

2016-01-27

Last update

2016-06-06

Last full update

2020-08-07

Land area

Intended size

17 125 ha

Size under contract (leased or purchased area)

[2013, current] 17125.0 ha

Comment on land area

The mine is comprised of five open pits spread over 5.5 km of the northeast-trending mineralized zone. Decree No. 2014-778/PRES/PM/MME of September 16, 2014 concerning geographical extension of the Bissa-Zandkom large scale gold mining license granted to the BISSA GOLD SA. The adoption of this decree allows the correction of the geographical coordinates of the license boundaries in accordance with the company’s original area of 171.25 square kilometers granted by Decree No. 2011-419/PRES/PM/MEDD of June 23, 2011. It is not clear what the extension area in 2014 was.

Intention of investment

[current] Mining

Nature of the deal

Exploitation permit / license / concession (for mineral resources)

Comment on nature of the deal

Mine life is set at a minimum 10 years.

Negotiation status

[2013, current] Concluded (Contract signed)

Comment on negotiation status

Bissa is a world class mine launched in January 2013

Implementation status

[2013, current] In operation (production)

Comment on implementation status