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PostedFeb 302/03/2026, 12:11 PM
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In front of half fulltransitional parliament, the Prime Minister of Burkina Faso boasts of record gold extraction 📈 In 2025, Burkina Faso's gold production exceeded 94 tons, which allegedly generated budget revenues estimated at more than $1.4 billion as of December 31, 2025, said the Burkinabe PM Ouédraogo in his State of the Nation address on January 30. According to the Prime Minister, the state-owned mining company SOPAMIB has also acquired 11 mining assets, promising their relaunch — including among others Burkina's Taparko mine, which was reclaimed from a Malian company, who in turn acquired it from the Russian Nordgold in 2023. ❗️This volumes effectively place Burkina Faso on the list of Africa's top-3 gold producers, just behind Ghana and South Africa. Meanwhile, such a rise in extraction volumes and revenues may well deprive the Burkinabe government of any desire to return to something like democracy in the nearest future. On January 26 Ouagadougou effectively dissolved all political parties in the country, aiming at dismantling the party system as a whole. ➡️ Follow to stay informed - @devilsbelow