Burkina Faso names new mining Minister in government reshuffle

18th December 2023 By: Bloomberg

Burkina Faso’s military leader Ibrahim Traore named Yacouba Zabre Gouba Mining and Energy Minister, replacing Jean-Pierre Boussim, according to a statement on state broadcaster RTB Sunday.

The shakeup comes two months after the West African nation revised its mining code to enable it to take more in royalties in boom times after a drop in gold production.

Gold output in one of Africa’s biggest producers dropped 13% to 58.2 t in 2022, according to government data. At least five mines closed down amid deteriorating security conditions followed by two coups that year.

Other nominations in the cabinet reshuffle include Karamoko Jean Marie Traore, who replaces Olivia Rouamba as Foreign Minister.