Burkina Faso nationalizes five gold mining assets

Burkina Faso has nationalised five gold mining assets, including two active mines, transferring them to its state-owned firm SOPAMIB, according toe Business Insider Africa. The junta-led government raised its stake in gold projects from 10% to 15%, mirroring similar moves in Mali and Niger. While aimed at boosting revenues amid rising gold prices, the shift risks spooking foreign investors already wary of political and regulatory volatility.