Burkina Fasso government is slowly loosing control to the rebels who are organised and determined.
No significant threat to the WAF mining area.
Share price reflects some risk factor, I am still holding but wary of buying more at these prices.
Not sure about the rebels intentions re gold mines( destroy, takeover or tax'em).
Wagner group is active and has a desire for gold
B2 Gold is increasing its operations in Mali while others are closing their mines.
Burkina Fasso update
Al Qaeda–linked militants increased the rate and lethality of their attacks in northwestern Burkina Faso in May 2023 to strengthen and expand their support zone along the border of central Mali and northwestern Burkina Faso. The al Qaeda–linked group is using these support zones in northwestern Burkina Faso to expand toward the Burkinabe capital. The group will also use these zones to expand south along the Burkina Faso–Mali border to threaten southern Mali and Burkina Faso’s second largest city and economic capital in southwestern Burkina Faso.
See link for more detail
https://www.criticalthreats.org/analysis/salafi-jihadi-movement-weekly-update-may-31-2023
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