Burkina’s new Mining code: a share of gold for everyone?

27 November 2015

Burkina Faso is one of the poorest countries in the world. Its development strategies are focused mainly on the industrialization of its natural resources. Gold mining has become, since 2009, the country’s main source of economic growth, even though it has failed to initiate the economic leverage needed to improve the living conditions of the population. In order to solve this issue, the transitional government has adopted a new Mining Code in June 2015. This note studies the evolution of this sector so as to determine to what extent the new Mining Code may contribute in making gold the lever of sustainable socio-economic development, which Burkina Faso aspires for 2025?​