Burkina Faso plans to withdraw some mining permits, junta leader says
Gold is the main export of the West African country.
Central Rand Gold has completed trial mining and has now talking with equipment dealers about developing its underground mine, reports Mining Weekly.
“With the completion of trial mining, the focus now shifts to developing the underground infrastructure to ensure that sustainable production can commence. The first half of the year has been focussed on decline development to provide the operations with sufficient access for reef development whilst opening early cash flow opportunities on identified surface materials. Total development advance to date is sitting at 1,256.1 metres with 38,497 tons of underground ore and 45,664 tons of surface material,” the company reported in its interim results for 2010.
