Burkina Faso Orders Pan African Minerals to Halt Tambao
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Burkina Faso told a unit of Timis Mining Corp. to stop production while it reviews the permit that was granted to the company to develop the Tambao manganese deposit, one of the world’s largest of the metal, at a cost of $1 billion.
The government hasn’t revoked the permit of Pan African Minerals, the unit, Amadou Dicko, spokesman for the country’s mining ministry, said by phone Tuesday. A London-based spokesman for Pan African Minerals wouldn’t immediately comment.