Mining

IBRAHIM TRAORE. INDIA’S LARGEST GOLD MINING COMP. TO RECRUIT BURKINABE WORKERS FOR KNOWLEDGE TRANSF.



India’s BIC West Africa to acquire two gold projects in Burkina Faso.
West African gold explorer Asara Resources has struck a deal with private gold exploration company BIC West Africa (BIC) for the sale of its non-core Kouri and Babonga gold projects in Burkina Faso.

The transaction, valued at $2.2 million includes an upfront non-refundable payment of $550,000 already received, a second payment of $550,000 due upon SPA execution, and a final payment of $1.1 million upon completion.

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