• Source: African Mining Burundi

African Mining Burundi, was a public-private partnership that mined gold and other minerals in Burundi.




Background


The Muhwazi perimeter ln the Commune of Butihinda, Muyinga Province, was explored by Flemish Investments Limited and Burundi Mining Company (BUMINCO). Both companies withdrew, and after 9 months of research, BUMINCO applied for an exploitation permit on the Masaka perimeter.
On 21 August 2017, the British company African Mining Limited obtained an exploration permit for gold and associated minerals on the Muhwazi perimeter.




History


On 8 August 2018 African Mining Burundi was established as an 85% subsidiary of African Mining Limited, with the state holding 15%.
The new company was licensed to exploit the gold deposit in Masaka and in nine other identified mining sites.
On 8 October 2018 Pierre Nkurunziza, President of Burundi, attended the official launch of industrial mining activities by African Mining Burundi on the Masaka I site.
Presidential decree no 100/191 of 18 December 2019 named Simon Ngendakumana as administrator representing the state on the board of directors of African Mining Limited.
The gold processing plant was built in the Masaka colline of Butihinda Commune.
The director general of the Office Burundais des Mines et Carrieres (OBM) visited this site on 29 July 2020 to see the progress of construction work on the gold processing plant, and to talk with the operators.




Closure


In a speech on Burundi's independence day on 1 July 2021 Evariste Ndayishimiye, President of Burundi, stated that foreign companies were making excessive profits from mining resources such as nickel, rare earth, gold, and coltan.
He ordered that all foreign companies suspend their mining activities as of 14 July 2021.
On 15 June 2022 the Council of Ministers met under the chairmanship of President Evariste Ndayishimiye.
The Minister of Hydraulics, Energy and Mines spoke about the progress of artisanal mining in the areas granted to Tanganyika Mining Burundi and African Mining Burundi.




Notes






See also


List of companies of Burundi
Mining industry of Burundi




References






Sources

Kata Kunci Pencarian:

• Rwanda
• Republik Demokratik Kongo
• Situs Warisan Dunia menurut negara
• Black Panther (film)
• African Mining Burundi
• Mining industry of Burundi
• Tanganyika Mining Burundi
• Burundi Musongati Mining
• Rainbow Mining Burundi
• Burundi
• Comptoirs miniers des exploitations minières du Burundi
• Burundi Ministry of Energy and Mines
• Economy of Burundi
• List of companies of Burundi