Teranga Gold Corporation is a shining example of how to build a strong and solid portfolio of producing and exploration assets in the West African region.
Originally developed as a fuel additive for high intensity applications, including U.S. military operations, Fuel Ox is now available for commercial use.
Most notable was the armed attack on a convoy of busses carrying mineworkers to SEMAFO’s Boungou mine in the east of the country in 2019.
TSX-listed miners Endeavour Mining and SEMAFO shareholders are scheduled to vote on the proposed merger of the two companies on 28 May 2020, following the filing of a joint management information circular.
West African Resources has entered into an agreement to acquire 100% of the Toega gold deposit from B2Gold Corp and their partner, GAMS-Mining F&I.
Employees from TSX-listed gold miner Endeavour Mining, which previously tested positive for COVID-19, have successfully recovered, with no new cases reported.
The COVID-19 crisis threatens to reverse recent development progress across the region and may weigh on growth for years to come.
Health and safety
The economic impact of the COVID-19 pandemic in Burkina Faso is rapidly unfolding, with the short-term outlook worsening quickly.