(Ecofin Agency) - In 2016, Burkina Faso obtained mining revenues of CFA1, 022 billion, the ministry of mines stated on March 1, 2018.

 During the period under review, the country exported 46, 277 kg of raw gold (43, 280 kg in 2015) and 155, 679 tons of zinc concentrate (126, 940 tons in 2015). Gold remains the first export item ahead of cotton.  

 No data has yet been released on 2017 exports, however, two new mines have been operational, Houndé and Netiana mines namely. The first is managed by Endeavour Mining and the second by Netiana Mining Company.

 According to a report published by the ministry and quoted by Xinhua, the country issued five new mining licenses in 2016 and currently, thirteen mines are in operation. The government plans to set a legislative and regulatory framework to diversify the national gold-dominated mining production.

 Let’s recall that the country also has large deposits of manganese.