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December 10, 2014

Avocet Mining halts production at Inata mine in Burkina Faso

West African gold mining and exploration company Avocet Mining has ceased operations at its Inata mine in Burkina Faso due to an illegal labour strike.

West African gold mining and exploration company Avocet Mining has ceased operations at its Inata mine in Burkina Faso due to an illegal labour strike.

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The strike started on 4 December following discussions with workforce representatives over labour cost reductions that are essential for the mine to continue operations, especially during periods of low gold prices.

Avocet Mining said the company is currently in discussions with a committee representing the Inata mine workforce.

"Various ministries and departments in the Burkina Faso Government are mediating between the company and workers."

Various ministries and departments in the Burkina Faso Government are mediating between the company and workers to reach an amicable resolution.

The Inata Gold Mine, which was commissioned in June 2009, is 90%-owned by Avocet and 10%-owned by the Government of Burkina Faso.

With six open pits, mining at Inata focuses on the North, Central and Far South pits and is undertaken by conventional open pit methods using three owner-operated fleets of mining vehicles.

The mine licence covers an area of 39km² and extensive potential exists to increase Inata’s resource in this area. Drilling within the mining licence, as well as adjacent areas, has focused on expanding the known mineralisation along the Inata and Minfo trends.

The company also has several exploration licences in Burkina Faso and the Tri-K development project in Guinea.

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Dig deeper with our mining equipment forecasts

As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers) is forecast to rise from 141,470 in 2020 to 167,367 by 2025. This will be a CAGR of 3.4% from 2020 to 2025. The largest contributor to this growth is expected to be trucks, particularly smaller-sized trucks with shorter lifespans, used extensively in parts of Asia Pacific. Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. GlobalData’s extensive mine-site research and equipment models have been used to build a complete view of mobile mining equipment populations globally for trucks, loaders, graders, dozers, excavators and shovels. This report includes informative breakdowns by each major region and key mining country, and also by major commodity. Read GlobalData’s Global Surface and Underground Mining Equipment: Populations & Forecast to 2025 for a complete view of the market, allowing you to best position yourself for the future.
by GlobalData
Enter your details here to receive your free Report.

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