Burkina Faso Makes $18 Billion From Gold Under Traoré’s Leadership

Under Captain Ibrahim Traoré, Burkina Faso has earned $18 billion from gold. In 2024, the country reclaimed two gold mines from a British firm, launched its own gold refinery and production plant, and is now the 4th largest gold producer in Africa.

Burkina Faso Makes $18 Billion From Gold Under Traoré’s Leadership

Since Captain Ibrahim Traoré assumed leadership, Burkina Faso has reportedly earned $18 billion from gold exports. In a decisive move toward resource sovereignty, the country reclaimed two gold mines from a British company in 2024, reinforcing its stance on economic nationalism.

Burkina Faso has also established its first national gold refinery and a local production plant, enabling more value to be retained within the country. These efforts reflect a strategic shift toward beneficiation and domestic control of natural resources.

Now ranked as the 4th largest gold producer in Africa, Burkina Faso is positioning itself as a key player in the continent's mining landscape.