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Traoré Opens First Gold Refinery in Ouagadougou
Burkina Faso has inaugurated its first gold refinery, aimed at processing more of its mineral wealth domestically and strengthening state control over the industry. The refinery, capable of refining 164 tonnes annually with potential to reach 515 tonnes, was funded by the government and aims to reduce reliance on exporting raw gold and combat illegal trade linked to financing insurgency. This move aligns with the country's broader efforts under military leadership to increase national production and regulate artisanal mining amidst ongoing security challenges.
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