Burkina Faso Plans Gold Output Increase of 32% as Prices Climb

Lock
This article is for subscribers only.

Burkina Faso will increase gold production this year by 32 percent as mines that operate in the landlocked West African nation ramp up their output of the precious metal.

Mines are forecast to generate 33.7 metric tons of gold, compared with 25.6 tons in 2010, said Mabourlaye Nombre, director-general of mines and geology for Burkina Faso, which neighbors Ghana, Africa’s second-biggest gold producer, and Mali, which vies with Tanzania as the third.