GREY:HRIVF - Post by User
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1marketmakeron Apr 19, 2011 8:50pm
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News Story
News Story
PERSPECTIVE: Gold miners persevere during Burkina Faso uprisi
From today's Canadian Miner.
"Mutiny" is a word we don't hear very often, but it appears to be the one that desribes the recent uprising by the military in Burkina Faso. The citizenry has been restless since February due to rising food costs, high crime rates and the slow pace of reforms in president Blaise Compaore's government. But last week, the military fired shots and demanded promised housing and food allowances from the government. The violent protests spread to other cities outside the capital.
Reports sometimes vary about what happens in small, west African countries, and that depends on who is reporting. What we do know is that the protests did not interrupt production at Canadian gold miners in Burkina Faso. It was business as usual for Semafo, Goldrush Resources, IamGold, High River Gold Mines, Orezone Gold and Volta Resources.
Hopefully the problems in Burkina Faso will settle down soon and that country's mining industry can continue to contribute to the national economy.