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FACTBOX-Mining projects in Burkina Faso

Published 03/23/2009, 10:20 AM
Updated 03/23/2009, 10:24 AM
RRS
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March 23 (Reuters) - Burkina Faso aims to increase mineral production and grow to become Africa's fourth biggest gold miner in the next three years. Below is a list of operating and planned mines in the West African country.

OPERATIONAL MINES

TAPARKO/BOUROUM MINE

Mining company: High River Gold

Estimated reserves: 35 tonnes

Start of production: Oct 8, 2007

Production to date: 33,533 ounces in 2008

Forecast: 76,806 ounces for 2009

YOUGA

Mining company: Etruscan Resources

Estimated reserves: 25 tonnes

Launch of commercial production: July 1, 2008

Production to date: 29,305 ounces for fiscal 2008

(five months ending Nov 30, 2008)

Forecast: 80,000-90,000 ounces for fiscal 2009

WONA-FOBIRI-MANA

Mining company: Semafo

Estimated reserves: 35 tonnes

Start of production: June 30, 2008

Production to date: 44,100 ounces for nine months ending Sept 30, 2008

Forecast: 121,000-132,000 ounces for 2009

KALSAKA

Mining company: Cluff Gold

Estimated reserves: 22.5 tonnes

Official launch date of production: Nov, 2008

Forecast: 60,000 ounces a year "with significant potential to increase."

PLANNED MINES

PERKOA

Resource: Zinc

Mining company: Aim Resources

Estimated reserves: 6 million tonnes at 14.5% grade of zinc

Estimated cost of investment: 75 billion CFA francs ($156.1 million)

Official launch date of construction: March 26, 2007

INATA

Resource: Gold

Mining company: WEGA Mining

Estimated reserves: 22.5 tonnes

Official launch date of construction: April 28, 2008

KIERE

Resource: Manganese

Mining company: Sarl

Estimated reserves: 600,000 tonnes

Official launch date of construction: Dec 15, 2008

GUILO-BAYILDIAGA

Resource: Gold

Mining company: Stremco

Estimated reserves: 1.26 tonnes

Official launch date of construction: during 2009

ESSAKANE

Resource: Gold

Mining company: Iamgold Estimated reserves: 100 tonnes

Official launch date of construction: March 19, 2009

TAMBAO

Resource: Manganese

Mining company: Wadi Al Rawda

Estimated reserves: 19 million tonnes, at a grade of 52%

Status: under feasibility studies

BISSA-ZANDKOM

Resource: Gold

Mining company: High River Gold

Estimated reserves: 75 tonnes

Status: feasibility studies starting during 2009

KIAKA

Resource: Gold

Mining company: Randgold Resources

Estimated reserves: 65 tonnes

Status: feasibility studies starting during 2009

SOURCES: General Direction of Mines, Quarries and Energy in Burkina Faso and company websites. (Compiled by Katrina Manson; Editing by Daniel Magnowski)

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