politics

Burkina Opens Gold Refinery to Retain Mining Profits

5 hours ago

Military-led government brings gold processing in-house to keep revenue and jobs within nation.

Burkina Faso has opened its first gold refinery in Ouagadougou, marking a pivotal step toward retaining more of the country's gold sector value domestically.

The facility will convert raw gold into doré bars for export while enabling the government to supervise extraction and sale processes more directly, researchers say.

This move aligns with the junta's broader agenda to capture greater economic benefits from natural resources under military rule.

Source: MyJoyOnline
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