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We'll just have to wait and see what Burkina govt has for us...

  1. 1,890 Posts.
    We'll just have to wait and see what Burkina govt has for us next year.

    Given that the mining industry there is decades behind the rest of west africa, I'd say they will be reluctant to be too aggressive in their approach to taxation and royalties.

    The last they would want to do is scare away the mining investment dollars that are really only just starting to come through the door imo .

    Producers and explorers alike have been part of the consultation process over there (Unlike the approach taken by our own govt). So an amicable taxation and royalty structure will be the likely result, keeping in mind that BF currently has a much lighter touch with taxation and royalties than surrounding counrties. Plenty of room to move and still be the cheapest tax/royalty structure in the area.

 
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