Burkina Faso’s Leader Steadfast with Plans to Revoke Mining Permits from Foreign Firms
- Traore emphasises need for “sovereignty” as experts speculate on plans for a state-owned mining company
- Mining sector faces uncertainty as insecurity and permit withdrawals increase
Burkina Faso’s transitional leader, Ibrahim Traore, announced plans to revoke mining permits from some foreign companies, reinforcing his administration’s drive for greater sovereignty. While Traore, 36, did not specify which firms might be affected, industry insiders are taking the statement seriously as he continues to emphasise the need for Burkinabe control over the nation’s resources.
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