Burkina Faso
Overview of the Extractive Industries
Until 2007 mining was not a significant sector in the Burkinabe’s economy. This situation, however, has changed with the development of several gold mines and ongoing exploration. Gold production has increased significantly mainly due to the opening of the Taparko-Boroum mine in late 2007 operated by Société des Mines de Taparko, a subsidiary of High River Gold Mines Ltd of Canada. There are another three mayor gold mines under development mainly by Canadian and Australian companies. Etruscan Resources Inc. is exploring for copper. Manganese and zinc deposits are also being explored.
Status of EITI implementation
Burkina Faso is currently a Candidate Country. On 25 October 2011, the Board agreed that Burkina Faso has made meaningful progress in implementing the EITI. The Board decided that Burkina Faso will have its candidacy renewed for 18 months (i.e. until 25 April 2013), by which it must have completed a Validation that demonstrates compliance with the 2011 edition of the EITI Rules, including requirement 5(e) regarding regular and timely reporting.
A final validation report was submitted on 1 September 2011.
The first EITI report covering 2008 and 2009 was published in May 2011. Dissemination activities are underway and preparations for the 2010 EITI report have commenced.
Governance of EITI implementation
The EITI structures (a Supervisory Committee and a Steering Committee) guaranteeing stakeholder involvement were set up by presidential decrees No. 2008-810/Pres/PM/MEF/MCE and No. 2008-811/Pres/PM/MEF/MCE of 17 December 2008 and nominations from various stakeholder groups sought and confirmed by ministerial decision No. 2009-090/MEF/SG/SP-ITIE and No. 2009-091/MEF/SG/SP-ITIE of 5 March 2009. --- The Government has enlarged these committees to stress Civil Society participation. Two decrees to confirm this enlargement have been approved by the Council of Ministers in July 2009.
EITI Burkina Faso Focal Point
Mr. Dakar Djiri
Charge de Mission – Office of the Prime Minister
Email: dakardjiri [at] voila [dot] fr; ddjiri [at] mailer [dot] gov [dot] bf
Companies operating*
Oil and gas companies:
Mining companies: Etruscan, Cluff Gold, High River Gold, Blackthorn Resources, Wega Mining, Semafo, Iam Gold, Metal Mass Pty Ltd, Gryphon Minerals
* Note: Company list based on EITI research and is not conclusive
**Note: EITI supporting company
Further information about the status of EITI implementation in Burkina Faso can be provided by Regional Director Marie-Ange Kalenga at the EITI International Secretariat.
