Burkina Faso: Sanbrado gold mine revenues up 9% in 2024

The Sanbrado gold mine, located in Burkina Faso, recorded significant revenue growth in 2024. Revenues reached $477 million, marking a 9% increase compared to the previous year, driven by the sale of 199,550 ounces of gold.

This performance is based on stable production, increased demand in international markets, and favorable gold prices. The operation of Sanbrado, managed by West African Resources, thus solidifies its strategic position in the Burkinabe mining sector and its notable contribution to the national economy.

Burkina Faso, rich in gold resources, benefits from these results through fiscal revenues, local employment, and corporate social responsibility programs in the mining sector. Sanbrado, in particular, plays a key role in the development of infrastructure and the improvement of living conditions for surrounding communities.

However, these economic successes come with challenges, notably the need to maintain a secure environment for mining operations. Burkinabe authorities continue to collaborate with industry stakeholders to ensure sustainable mining practices that respect local populations and the environment.

With this revenue growth, the Sanbrado mine not only strengthens Burkina Faso’s economy but also highlights the country’s mining potential and its ability to attract investors despite a sometimes complex security context.