Endeavour Mining produced 564koz of gold in the first half of 2026 at an AISC of $1,871/oz, converting a $4,579/oz realised price into record free cash flow of $761m while its Mana mine in Burkina Faso lagged guidance.
Burkina Faso has awarded an industrial mining permit for the Bouboulou gold project to a subsidiary of state miner SOPAMIB, with no private operator involved.
West African Resources' Kiaka gold mine produced 133,274 ounces in the first half of 2026, keeping the company on track for annual guidance as Burkina Faso's government increases its equity stake.
Burkina Faso's government has created a sovereign mining fund, Siniyan-Sigui, to channel surplus mineral revenue into industrial and infrastructure investment.
Burkina Faso has published a decree allowing state miner SOPAMIB to buy another 25% of the Kiaka gold mine for CFA70bn, about A$175m, taking the government's stake to 40% just as the mine reaches full output.
Burkina Faso has transferred five gold mining assets, including two operating mines formerly run by Endeavour Mining, to state-owned miner SOPAMIB under its revised mining code.
