Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5703
Deal #5703 Version #73360
Burkina Faso
Created at
2017-10-11
Last update
2017-10-11
Land area
Size under contract (leased or purchased area)
- [2007, current] 3900.0 ha
Comment on land area
The mine licence covers an area of 39 square kilometres. The company also has exploration permits covering more than 1,600 square kilometres.
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
- [2007, current] Concluded (Contract signed)
Implementation status
Implementation status
- [2009, current] In operation (production)
Comment on implementation status
First gold production on 20 December 2009. Operations temporarily suspended in October and November 2016. The operations continue but company needs to finance debt to continue.
Contract farming
Contract farming
No