Gold, Risk, & Geopolitics: Fortuna Mining Exits Burkina Faso

Fortuna Mining (TSX: FVI) evidently wants out of the Burkina Faso business. On Friday, the company announced that they have entered into an agreement to not only sell their operating mine within the country, but their exploration assets too.

Commenting on the matter, CEO Jorge Ganoza cited the “increasingly challenging business climate” within the country as a main reason behind their departure, which isn’t exactly a positive sign for other operators in the nation.

All right, lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

This Copper Mine Costs 1/6 to Restart | SSR Mining X Roxmore

Why Cambria Hit Pause on Its Massive Copper-Gold Spinout

Can Gold Rescue Washington From Its Debt Trap? | Andy Schectman – Miles Franklin

Recommended

Mercado Minerals Lengthens El Triunfo Vein by 190 Metres, Readies 1,500-Metre Zamora Drill Program

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Related News

Fortuna Mining Sees Q1 Production Fall Following San Jose Mine Being Placed Into Care & Maintenance

Fortuna Mining (TSX: FVI) saw gold production in the first quarter of 2025 grow on...

Thursday, April 10, 2025, 08:17:11 AM

Fortuna Pegs Diamba Sud At $1B NPV With $398M Build Cost

Fortuna Mining (TSX: FVI) expects to recoup the cost of building its Diamba Sud gold...

Monday, June 29, 2026, 06:10:45 PM