Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Mining

Burkina Faso: 77 kg of gold seized from a French, a Canadian, and a Belgian

Tuesday, 08 December 2015 16:32

(Ecofin Agency) - 77 kg of gold were seized from three people, French, Canadian and Belgian respectively, at the Ouagadougou International Airport, Burkina Faso, Xinhua reported on Saturday.

This gold mainly comes from modern and artisanal mining which generate nearly €2.3 million (about FCFA1.5 billion) according to sources from Ministry of mining.

Interrogation of the arrested revealed that they came to Burkina Faso to “fraud” and export 77 kg of the ore, Secretary General of Ministry of Mining, Emmanuel Nonyarma told the press. 

Burkina Faso currently depends on the booming gold industry where nearly 1.2 million people have been counted on the gold-mining sites and where more than a hundred died since 2010 to landslides.

In 2013, it was reported that Gold mining represented 12% of Burkina’s GDP adding about 192 billion FCFA (€295 million) to state’s budget.





 
Finance


 
Telecom


 
Public Management



ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.