Gold Production From Burkina Faso Gold Mines Estimated In 2014

Canadian mining company Volta Resources conduct a feasibility study of gold mines in Burkina Faso. It is estimated that the feasibility study will take between six to nine months. Production of gold from gold mines of Burkina Faso are expected to begin in 2014, because the new feasibility study will begin in the second half of 2010. Mining company can not estimate how much gold can be produced from a gold mine in Burkina Faso. But gold mining companies are optimistic in Burkina Faso have enough deposit.

Volta Resource hoping to get funds from investors to develop a gold mining exploration activities in Burkina Faso. International Finance Corp.. has agreed to invest in Canadian mining company C $ 8 million to finance a gold mining exploration activities. At present the International Finance Corp.. finance gold mining exploration activities in West Africa Kiaka. Kiaka mine is one of the gold mine project managed by the Volta Resources with funding from the International Finance Corp.

Kevin Bullock, CEO, Volta says "Kiaka is the most advanced of several properties in Burkina Faso, Ghana and Mali. Volta bought mine from Randgold Resources Ltd in October 2009. Kiaka gold project is very feasible because there is such a low class, and this in one gram, but the deposit itself is 130 meters wide on average ... that will cost the mine. "