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West African Resources (ASX:WAF) to acquire 90pc interest ...

The Kiaka project lies within the Kiaka Mining Licence in Burkina Faso with 81 per cent held by B2Gold, nine per cent held by GAMS and the remaining 10 per cent by the State of Burkina Faso. WAF will acquire a 90 per cent interest in Kiaka for US$100 million (A$133 million) in staged cash and share payments.

Kiaka Gold Project - Mining Technology | Mining News and ...

On December 27, 2012, on confirmation from the Ministry of Mines and Energy for Burkina Faso, the Kiaka Licence was further extended for one year to June 17, 2014. Currently a small artisanal mining claim of approximately 1 square kilometre is held over the Gomboussougou area in the southern portion of the Kiaka Licence.

West African Resources buys Burkina gold project - Mining ...

West African Resources has doubled down on a future in Burkina Faso, outlining plans to become a plus-400,000 ounce per annum producer by mid-decade with the US$100 million acquisition of …

B2Gold to divest gold projects in Burkina Faso to West ...

Canada-based B2Gold has agreed to sell of the issued and outstanding shares of Volta Resources (Cayman) to West African Resources (WAF). Volta Resources holds an 81% interest in the Kiaka gold project in Burkina Faso. It is claimed to be one of the largest undeveloped gold resources in West...

Geology of the world-class Kiaka polyphase gold deposit ...

In March 2014, B2Gold Corp. submitted a permitting study to the Ministry of Mines in Burkina Faso together with a mining licence application. This paper will present the geological features of the Kiaka gold deposit, one of the largest undeveloped gold resources in Burkina Faso, which expresses a multistage gold mineralization.

B2Gold to sell Burkina Faso project to West African ...

B2Gold (TSX: BTO) is selling its 81% stake in the Kiaka gold project in Burkina Faso to Australia's West African Resources (ASX: WAF) for cash and shares.Kiaka is …

B2Gold to sell Burkina Faso project to West African ...

Stanley,a mining analyst who covers Orezone Gold (TSXV: ORE), also noted that Kiaka is 50 km south of Orezone's Bombore gold project. In May, B2Gold said it was updating Kiaka's existing feasibility study due to the potential for improved economics resulting from lower fuel prices, alternative power options and a higher gold price, and said ...

West African Resources in $133m acquisition

"Kiaka is one of a few fully permitted gold projects in West Africa with potential to be a long life, low strip ratio, open-pit gold mine amenable to conventional CIL processing," chairman Richard Hyde said. B2Gold owns 81 per cent of the project and GAMS 9 per cent, with the remainder owned by the Burkina Faso government.

B2Gold sells Burkina Faso projects to West African

Canadian bullion miner B2Gold will sell its Kiaka project, in Burkina Faso, to Australia-listed West Africa Resources (WAF) for cash and shares, the company announced on …

B2GOLD KIAKA DEPOSIT (5.868Moz) | Burkina-emine

KIAKA DEPOSIT. Project Location and Access. The Kiaka Gold Project is located in central-south of Burkina Faso, approximately 120 kilometres southeast of the capital Ouagadougou. The closest town is Gogo, approximately 15 kilometres from the …

B2Gold to sell Burkina Faso project to West ... - mining.com

2 B2Gold (TSX: BTO) is selling its 81% stake in the Kiaka gold project in Burkina Faso to Australia's West African Resources (ASX: WAF) for cash and shares. Kiaka is …

B2Gold to sell Burkina Faso project to West African ...

B2Gold (TSX: BTO) is selling its 81% stake in the Kiaka gold project in Burkina Faso to Australia's West African Resources (ASX: WAF) for cash and shares. Kiaka is within 40 km of West African Resources' Sanbrado gold mine, which poured its first gold in March 2020. "West Africa...

West African Resources to acquire 6,8 Moz Kiaka Gold Project

Gold mining company West African Resources Limited (ASX: WAF) has entered into definitive agreements to acquire 90% of the Kiaka gold project from B2Gold Corp and its partner, GAMS‐Mining F&I Ltd, with the remaining 10% held by the State of Burkina Faso. Kiaka is located 45 km south of the West African Resources' flagship Sanbrado Gold ...

B2Gold Agrees to Sell Burkina Faso Projects to West ...

Founded in 2007, today, B2Gold has operating gold mines in Mali, Namibia and the Philippines, and numerous exploration and development projects in …

Project: Kiaka Gold Project, Burkina Faso | L2B

PPA 14731 The Kiaka Gold Project on the 183.8 km² Kiaka exploration permit and is located in south central Burkina Faso, approximately 120 kilometres southeast

B2Gold Agrees to Sell Burkina Faso Projects to West ...

Founded in 2007, today, B2Gold has operating gold mines in Mali, Namibia and the Philippines, and numerous exploration and development projects in various countries including Mali, …

B2Gold to sell Burkina Faso Projects to West African ...

International gold producer, B2Gold has agreed to sell of the issued and outstanding shares of Volta Resources (Cayman) Inc., the holder of an 81% interest in the Kiaka gold project located in Burkina Faso (Kiaka Project) to West African Resources Limited (WAF). The Kiaka Agreement, signed on 25 October 2021, will entitle B2Gold to a cash ...

Burkina Faso: B2Gold Agrees to Sell Burkina Faso Projects ...

In addition, B2Gold has entered into an amended and restated purchase agreement with WAF and GAMS dated October 25, 2021 (the "Amended Toega Agreement"), pursuant to which B2Gold has now agreed to sell to WAF of the shares of Kiaka Gold SARL, the holder of the Toega gold project located in Burkina Faso (the "Toega Project")(the ...

Kiaka mine - Wikipedia

The Kiaka mine is one of the largest gold mines in the Burkina Faso. The mine is located in the center of the country in Zoundwéogo Province. The mine has estimated reserves of 5 million oz of gold. References This page was last edited on 19 May 2019, at 15:49 (UTC). Text is ...

B2Gold to sell Burkina Faso project to West African ...

B2Gold (TSX: BTO; NYSE-AM: BTG) is selling its 81% stake in the Kiaka gold project in Burkina Faso to Australia's West African Resources (ASX: WAF) for cash and shares.. Kiaka is within 40 km of West African Resources' Sanbrado gold mine, which poured its first gold in March 2020. "West Africa continues to be a hot bed of M&A," Craig Stanley of Raymond James commented in a research …

B2Gold to sell Burkina Faso project – Mining Business Africa

B2Gold is set to sell its 81% stake in the Kiaka gold project in Burkina Faso to Australia's West African Resources for cash and shares. Kiaka located Thursday, October 28 2021

B2Gold to sell Burkina Faso projects to West African Resources

Map of Burkina Faso through magnigying glass B2Gold Corp. has entered into a binding agreement with West African Resources pursuant to which B2Gold has agreed to sell to WAF of the issued and outstanding shares of Volta Resources, the holder of an 81% interest in the Kiaka gold project located in Burkina Faso.

B2Gold sells Burkina Faso projects to West African ...

Tuesday, October 26th, 2021. Canadian bullion miner B2Gold will sell its Kiaka project, in Burkina Faso, to Australia-listed West Africa Resources (WAF) for cash and shares, the company announced on Monday. B2Gold will sell of Volta Resources, the holder of an 81% interest in the Kiaka gold project, for $450 000 in cash paid upon execution of the agreement, $45-million (50:50 …

B2Gold to sell its Burkina Faso gold projects to West ...

In addition, B2Gold has entered into an amended and restated purchase agreement, pursuant to which B2Gold has now agreed to sell to WAF of the shares of Kiaka Gold SARL, the holder of the Toega gold project located in Burkina Faso. Under the terms of the Amended Toega Agreement, B2Gold will receive a cash payment of $18,000,000 (US ...

B2Gold - A Low-Cost International Senior Gold Producer | News

B2Gold is a low-cost international senior gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Mali, Namibia and the Philippines, and numerous exploration and development projects in various countries including Mali, Colombia, Burkina Faso, Finland and Uzbekistan.

West African Resources targets 400k oz/year after buying ...

Mining.com. Oct. 27, 2021, 06:59 AM. WEST African Resources aimed to become a 400,000 ounce a year gold producer by 2025 following the $530,000 acquisition of the Kiaka gold project from B2Gold ...

B2Gold to divest gold projects in Burkina Faso to West ...

Volta Resources holds an 81% interest in the Kiaka gold project in Burkina Faso. It is claimed to be one of the largest undeveloped gold resources in West Africa. According to the binding agreement, WAF will acquire Volta Resources by paying $450,000 in …

B2GOLD KIAKA DEPOSIT (5.868Moz) | Burkina-emine

KIAKA DEPOSIT. Project Location and Access. The Kiaka Gold Project is located in central-south of Burkina Faso, approximately 120 kilometres southeast of the capital Ouagadougou. The closest town is Gogo, approximately 15 kilometres from the provincial capital of Manga.