Alexei Mordashov at the 2021 St Petersburg International Economic Forum (SPIEF). Source: Yegor Aleyev/TASS Host Photo Agency via Reuters.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Eight people suffocated to death on Wednesday after police in Burkina Faso used tear gas against unauthorised gold miners at Nordgold’s Bissa mine
  • Around 40 miners were on site when police fired, causing “panic and the suffocation of the clandestine gold miners”
  • Charges for involuntary homicide will be brought in the case, but it’s not known against whom
  • A number of West African countries have experienced a gold rush in recent years with the influx of illegal miners

Eight people suffocated to death on Wednesday after police in Burkina Faso used tear gas against unauthorised gold miners at Nordgold’s Bissa mine.

Around 40 miners were on site when police fired, causing “panic and the suffocation of the clandestine gold miners,” national prosecutor Wendyam Lambert Sanfo said in a statement on Thursday.

He added that charges for involuntary homicide would be brought in the case but did not specify against whom. Four people were also arrested on charges of burning 10 vehicles.

The police said earlier they had discovered the bodies of six miners at the site, but made no mention of firing tear gas.

Burkina Faso and other West African countries have experienced a gold rush in recent years as illegal miners, starved of other economic opportunities, dig for ore in often dangerous conditions.

London-based Nordgold, which is majority owned by Russian billionaire Alexei Mordashov and his sons, owns a number of assets around the world, including in the United Kingdom, Kazakhstan and Russia.

Nordgold became embroiled in a nine-month bidding war last year with state-owned Chinese company Shandong Gold for ASX-listed Cardinal Resources, during which Nordgold offered to by the Perth-based explorer for $0.90 per share. Shandong beat that offer with a proposal for $1.00 per share, and assumed a majority stake in Cardinal on Christmas Eve 2020.

More From The Market Herald

" China and France criticise AUKUS agreement

Chinese and French foreign ministries discredit the AUKUS deal, accusing the allies of being secretive the…

" French President Emmanuel Macron and far-right challenger Marine Le Pen to face each other in run-off vote on April 24

France's incumbent President Emmanuel Macron and far-right challenger Marine Le Pen are heading for an April…

" Sri Lanka’s President Rajapaksa revokes emergency order as economic crisis deepens

Sri Lanka's President Gotabaya Rajapaksa has revoked the government-mandated state of emergency in a gazette issued…

" US making plans in case Russia uses chemical, nuclear weapons

The White House has set up a team of experts to plan how the United States…