RE:RE:It’s not going well for us in BurkinaHounde is on track to produce more than 250 thousand oz Au this year. That will have a street value of around $500 million US. Burkina Faso owns 10% of the mine, so along with royalties, taxes and the economic importance of wages to locals, and locally sourced materials and services; the monetary impact to the country is in the tens of millions if not a hundred or more million per year.
In a country as poor as Burkina this is big money. A bunch of artisinal miners, mining illegally, wont be allowed to disrupt that. I would guess there is a lot of army on site by now. Maybe they sent in the Russian mercenaries. I remember Endeavor writing about work they were doing with illegal artisanals to help them not do so much environmental damage, but can't remember if that was at Hounde.
The fact that Endeavor hasn't announced any kind of material change, seems to me, would indicate it isn't that big a deal.