Burkina Faso opens first gold refinery in push for economic independence
Burkina Faso Burkina Faso opened its first gold refinery on Monday, pushing ahead with plans to better organise the commercialisation of the precious metal in one of the continent's top producers.
The presidency said that the National Gold Refinery of Burkina Faso (RAFFINOR-BF), which had been under construction since 2023, has an annual production capacity of 164 tonnes of gold, rising to a projected long-term capacity of up to 515 tonnes.
But authorities traditionally struggle to control the informal gold mining sector, which has been blighted by jihadist violence and smuggling.
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