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From an African hell hole, Reuters suggests that gold is the ultimate money
Burkina Faso Buys 200 kg of Gold from Endeavour's Mana Mine
From Reuters
Thursday, February 16, 2023
OUAGADOUGOU, Burkina Faso -- Endeavour Mining has sold kilograms (7054.79 oz) of gold from its Mana mine in Burkina Faso to the West African country's government, the company told Reuters on Wednesday.
The UK-headquartered multinational is the biggest gold miner in Burkina Faso, which is funding a battle against a rampant jihadist insurgency that spurred two military coups last year.
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Burkina Faso's energy and mines ministry issued a statement on Tuesday saying it had "commandeered" 200 kilograms of gold from the Mana mine for "public necessity."
The company will be compensated for its value, the statement added without providing further detail. ...
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