IAMGOLD Corp T.IMG

Burkina

[Borealiste]

do we have dirty gold with this mine in Burkina?

 

The members of the government protected by a close guard of Russian mercenaries, do the Wagner mercenaries protect the mine? Personally I want us to get rid of this mine, IMG has to sell

https://www.rfi.fr/fr/afrique/20240829-burkina-faso-les-paramilitaires-de-la-brigade-bear-charg%C3%A9s-de-la-s%C3%A9curit%C3%A9-de-hautes-personnalit%C3%A9s-quittent-le-pays

[matt2018]

Not that easy to sell mines there and receive decent value.  Who would buy them? Look whjat happened to Endeavour Mining sale of the two mines in BF last year. Received fraction of the payment, now BF gov't took them over for $60M You keep the mine there going and hope for the best and use those profits to build out more assets in Canada.

[willyk3]

Absolutely agree.. 4 years of mine life left at Essakane?  But a major contributor to the bottom line until Cote hits its stride and hopefully Gosselin as well.  As you say ..use the cash flow towards safe jurisdiction Ontario assets and keep an eye out for the next major push..Nelligan and maybe a consolidated  Chibougamou camp.

[Borealiste]

indeed there must not be much interest for such a place, maybe this is the best way to hope to produce and sell the ingots. Maybe also the govt will protect as it should to demonstrate that it is possible to invest in this country