Militant violence in Burkina Faso, Niger, and Mali has elevated lately regardless of the presence of the United Nations and interventions by regional and Western troops.
Canada’s Endeavour Mining (TSX: EDV), West Africa’s prime gold producer, has additionally been the topic of assaults in Burkina Faso. Its Boungou mine, beforehand owned by Semafo, was ambushed in 2019 resulting in 37 deaths and over 60 individuals injured.
The identical 12 months, Canadian geologist Kirk Woodman was kidnapped and killed. His physique was present in rural Burkina Faso. He was the ninth Canadian killed within the West African nation since 2016.
Essakane is IAMGOLD’s flagship mine, in manufacturing since 2010. The corporate lately revised manufacturing steering for the asset to between 390,000 and 400,000 ounces of gold from the 365,000 to 390,000 ounces beforehand anticipated.