00:00Burkina Faso opened its first gold refinery, pushing ahead with plans to better organize
00:05the commercialization of the precious metal in one of the continent's top producers.
00:11Under Captain Ibrahim Traore, who sees power in 2022 coup, Burkina Faso has nationalized
00:17several gold mines and launched a push to revitalize the country's industrial output
00:22from cotton to metals and textile. The inauguration of this plant is a
00:28powerful symbol, as you have said, whether it is gold, manganese, copper, zinc or any other metal.
00:33Our ambition is no longer to be just a country that extracts and sends its raw materials abroad.
00:39We want to refine all our metals locally. For everything related to extractive industries,
00:45we want to have the entire value chain here at home. The national gold refinery of Burkina Faso,
00:50which has been under construction since 2023, has an annual production capacity of 164 tons of gold,
00:57rising to a projected long-term capacity of up to 515 tons. The refinery, which costs 19 million dollars
01:05to build, was funded by the stated partnership with the domestic-private sector.
01:09From the
