Burkina Faso’s Mining Sector Raises Over $150 Million in 2025

Burkina Faso’s mining industry mobilized more than 85 billion FCFA (approximately $150.5 million) in 2025 through the Mining Development Fund (FMD), the Permanent Secretariat of the National Technical Commission for Mines and the Mining Development Fund confirmed Friday.

Of the total, around 59% – roughly 50.8 billion FCFA ($90.3 million) – was allocated to the Patriotic Support Fund (PSF), while the remaining 41% – about 34.8 billion FCFA ($61.9 million) – was directed to local development projects and Communal Development Plans.

The Mining Development Fund draws its resources from 1% of the turnover of operating companies and 20% of proportional royalties collected by the state.

Burkina Faso has emerged as a major player in Africa’s mining landscape, with 15 industrial mines, 16 semi-mechanized gold mines, and 243 active exploration permits spanning gold, copper, silver, lead, zinc, and lithium.

During a presentation to the Transitional Legislative Assembly (ALT) on January 30, 2026, Prime Minister Rimtalba Jean Emmanuel Ouédraogo reported that national gold production surpassed 94 tonnes in 2025, with nearly 43 tonnes coming from artisanal and semi-mechanized operations.

Ouédraogo highlighted that the sector’s performance generated over 776 billion FCFA ($1.3 billion) in budget revenues by the end of 2025. Anti-fraud measures and efforts to curb illicit mining activity contributed an additional 100 billion FCFA ($177 million) in revenues.

The Prime Minister reaffirmed the government’s commitment to ongoing reforms aimed at improving mining governance, state participation, local content, and transparency.

In parallel, the Burkina Faso Mining Participation Company (SOPAMIB) is expanding its role, with the state transferring 11 mining assets to the company. The move aims to revive strategic sites in the country.