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Burkina Faso’s gold grab triggers ASX suspension of West African Resources

Gold bars. Photo by Jingming Pan @ Unsplash
Gold bars. Photo by Jingming Pan @ Unsplash

Kingsley Kobo

Kingsley Kobo is an expert on Francophone West and Central Africa, with over 15 years' experience covering business, finance, politics, tech, and more across both regions.
  • Australian-listed West African Resources suspended as Burkina Faso seeks majority stake in Kiaka mine
  • Investors fear tougher mining code could deter capital flows 

 

Australia’s stock exchange has suspended trading in West African Resources after Burkina Faso moved to acquire a controlling stake in the company’s flagship gold project, raising fresh questions over investment risks in one of Africa’s top producers.

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