Deal #5672

Burkina Faso
Created at
2017-10-05
Last update
2021-11-23

Land area

Comment on land area
size is not clear

Intention of investment

Intention of investment
  • [current] Mining

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
  • [2016] Concluded (Contract signed)
  • [2016] Concluded (Change of ownership)
  • [2017, current] Concluded (Contract signed)
Comment on negotiation status
Initially owned by Endeavour Mining, the mine was sold to Avesoro Jersey (formerly MNG Gold) in February 2016. The mine was then acquired by Avesoro Resources in December 2017.

Implementation status

Implementation status
  • [2008] In operation (production)
  • [2016, current] In operation (production)
Comment on implementation status
Mine was already in operation when it was acquired. Originally production started in 2008. Estimate of around two years of minelife left (2016).

Contract farming

Contract farming
No