Endeavour, IAMGOLD, and West African Resources say permits are secure under military government
Western-listed Miners operating in Burkina Faso have scrambled to reassure investors that their projects are not under threat, despite comments made by the country's president over the weekend. Markets were unsettled by the statements made by Burkinabe president Ibrahim Traoré speaking to Radio Burkina on October 5.
"The Government remains supportive of Endeavour's position in country as evidenced by the recent successful settlement agreement that Endeavour signed, involving the State of Burkina Faso, in respect of the divestment of the Boungou and Wahgnion mines, for which Endeavour has now received the first US$30 million payment.
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