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.

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