Burkina Faso: the 200 kg of gold requisitioned from a Canadian group, an “exceptional” purchase

maryam lahbal
maryam lahbal
1 Min Read
gold

In Burkina Faso, the government bought 200 kilos of gold belonging to Semafo, a subsidiary of the Canadian group Endeavor Mining. Presented as a requisition by Ouagadougou, this operation aroused speculation following which the Burkinabè authorities reacted. Explanations.

According to an order published on February 14, 2023, the Burkinabè government requisitioned 200 kilos of gold belonging to Semafo, a subsidiary of the Canadian group Endeavor Mining. A requisition which is in fact a purchase. The government has also undertaken to respect the conditions for buying gold on the international market for this transaction.

On the other hand, and faced with the speculation that this so-called “requisition” operation provoked, the government reacted on the evening of February 15 by recalling that it remains respectful of its commitments made with the mining companies.

Maryam Lahbal

 

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