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Burkina Faso Records More Than US$6 Billion in Gold in Six Months

Burkina Faso recorded more than US$6 billion worth of gold through official channels during the first six months of 2026, as the government increased efforts…

Burkina Faso Records More Than US$6 Billion in Gold in Six Months

Burkina Faso recorded more than US$6 billion worth of gold through official channels during the first six months of 2026, as the government increased efforts to control and formalise the mining sector.

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The country produced 26 tonnes of gold from industrial mines between January and June, while the National Precious Substances Company (SONASP) bought about 29 tonnes from small-scale and artisanal miners.

Together, more than 55 tonnes of gold went through official channels during the first half of the year.

The government said the move is helping to reduce gold smuggling, improve tracking of gold production and increase state revenue.

Authorities have also created nine new artisanal mining cooperatives and four mining corridors to better organise small-scale miners.

The government is also tightening controls on the weighing, pouring and packaging of gold while targeting illegal gold trading and smuggling.

Meanwhile, Burkina Faso is expanding its electricity capacity to support economic growth. Four new power plants were completed during the first half of the year, adding 126.4 megawatts to the national grid.

The government says reforms in the mining and energy sectors are important for strengthening the country’s economic independence and ensuring that more value from its natural resources remains within Burkina Faso.

Takudzwa Karowangoro
Takudzwa Karowangoro

Takudzwa Karowangoro is a Zimbabwean journalist and Online News Editor at Hurumende News, where he covers national affairs, politics, business, community issues and breaking news. He is a dedicated media professional with a passion for journalism, storytelling and keeping the public informed through accurate and timely news reporting. In 2026, Karowangoro represented Zimbabwe and Hurumende News at the Seminar for News Officials and Journalists from the Global South in China. The programme exposed participants to developments in digital journalism, artificial intelligence, multimedia content production and modern news dissemination. His professional interests include digital media, investigative journalism, technology, governance, business and developments shaping Zimbabwe and the wider African continent.

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