Artisanal Gold Council Menu
en English▼
X
ar العربيةzh-CN 简体中文zh-TW 繁體中文en Englishtl Filipinofr Françaishi हिन्दीid Bahasa Indonesialo ພາສາລາວmn Монголmy ဗမာစာno Norsk bokmålps پښتوfa فارسیpt Portuguêsru Русскийes Españolsw Kiswahili
DONATE
COVID-19 PORTAL
COVID-19 CALL TO ACTION
Artisanal Gold Council
DONATE
COVID-19 PORTAL
COVID-19 CALL TO ACTION
  • Home
  • What We Do
    • Our Approach
    • Our Services
  • Who We Are
    • Our Team
    • Board of Directors
    • Partners
    • Careers
  • Our Work
    • Asia
    • South America
    • Africa
    • Global
    • planetGOLD
  • Tools
    • Training Materials
    • Videos
    • Useful Links
    • Gold Price
  • Library
    • Country Studies
    • Presentations
    • Related Literature
  • News
    • AGC in the Press
    • Events
    • FAQ
    • Videos
  • Blog
    • Blog Subscription
  • Contact
  • Facebook
  • Twitter
  • YouTube
  • Instagram
  • en English▼
    X
    ar العربيةzh-CN 简体中文zh-TW 繁體中文en Englishtl Filipinofr Françaishi हिन्दीid Bahasa Indonesialo ພາສາລາວmn Монголmy ဗမာစာno Norsk bokmålps پښتوfa فارسیpt Portuguêsru Русскийes Españolsw Kiswahili
  • Search
  • Home
  • What We Do
    • Our Approach
    • Our Services
  • Who We Are
    • Our Team
    • Board of Directors
    • Partners
    • Careers
  • Our Work
    • Asia
    • South America
    • Africa
    • Global
    • planetGOLD
  • Tools
    • Training Materials
    • Videos
    • Useful Links
    • Gold Price
  • Library
    • Country Studies
    • Presentations
    • Related Literature
      • Recent publication on assessing mercury exposure
      • What does a national public health strategy for ASGM look like?
      • The Minamata Convention on Mercury: A Beginner’s Guide
      • A Simple Public Health Strategy for ASGM
      • The Effect of Changing Gold Prices on Artisanal Mining
      • Mercury Recycling in Artisanal Gold Mining: The Good and the Bad
      • Historical and Modern Government Responses to Artisanal and Small Scale Gold Mining
      • Concentration of Gold Ores – a Key to Reducing Mercury Use in Artisanal and Small Scale Gold Mining
      • Is Borax the Miracle Chemical that Will Replace Mercury in Artisanal Gold Mining?
      • Health and Artisanal Gold Mining
      • Fifty thousand gold shops in the world’s artisanal gold supply chain
      • World Artisanal Gold Production
      • Silver Causes Huge Increase in Mercury Use in Artisanal Gold Mining
      • Price of mercury rising faster than gold
      • 60 Minutes Upcoming Conflict Gold Piece
  • News
    • AGC in the Press
    • Events
    • FAQ
    • Videos
  • Blog
    • Blog Subscription
  • Contact
  • Facebook
  • Twitter
  • YouTube
  • Instagram
  • en English▼
    X
    ar العربيةzh-CN 简体中文zh-TW 繁體中文en Englishtl Filipinofr Françaishi हिन्दीid Bahasa Indonesialo ພາສາລາວmn Монголmy ဗမာစာno Norsk bokmålps پښتوfa فارسیpt Portuguêsru Русскийes Españolsw Kiswahili
  • Search
  • COVID-19 Home
  • Impacts
    • COVID-19 and ASGM Communities
    • News From The Field
    • Gold Prices Database
    • Supply Chain Status Dashboard
  • AGC’s Solutions
    • Policy Brief
    • Health Response
    • COVID-19 Call to Action
    • COVID-19 Resources
  • Policy Responses
    • Summary
    • OECD MSG Call to Action
  • COVID-19 Home
  • Impacts
    • COVID-19 and ASGM Communities
    • News From The Field
    • Gold Prices Database
    • Supply Chain Status Dashboard
  • AGC’s Solutions
    • Policy Brief
    • Health Response
    • COVID-19 Call to Action
    • COVID-19 Resources
  • Policy Responses
    • Summary
    • OECD MSG Call to Action

Burkina Faso Price Update – Field prices remain steady at 82% of spot, 12% below pre-Covid

By Adama Ouedraogo - May 21, 2020

Posted in: Categories COVID-19 Tagged as: Tags Burkina Faso, Gold Prices

Artisanal gold mining re-opened May 4, 2020.  Field prices for gold, which had fallen to as low as 54% of spot, bounced back up to around 82% by May 6. This latest update, May 20, shows prices remaining steady in the low 80% range.

 

Today in the field of our contacts the price offered varies from 24,000 CFA francs to 28,500 CFA francs. The price of carat gold on mining sites is on average 1,180 F CFA today May 20, 2020.

 

Today’s spot price (May 20, 2020 at 11:00 GMT) is US $ 56.29 per gram of pure gold or US $ 2.3454 / carat.

 

US $ 1 = F 599.8447

 

Mine sites, cities, ANEEMAS Purity

(carat)

Price

CFA/ct

Price

CFA/g

Price

(US$/g)

Price

% spot

Fandjora 22 à 23 1 200 F 28 00 46.68 85.35%
Moussobadougou 20 à 22 1 180 F 25 000 41.68 83.92%
Tangoani 21 1 170 F 24 000 40.01 83.21%
Diosso 23+ 1 200 F 28 500 47.51 85.35%
Kyin 23+ 1 200 F 28 500 47.51 85.35%
Djarkadougou 21 à 22 1 180 F 26 000 43.34 83.92%
Diebougou 22 1 180 F 26 000 43.34 83.92%
Gnikpière 22 1 180 F 26 000 43.34 83.92%
Moulé 22 1 180 F 26 000 43.34 83.92%
Gaoua 21 à 22 1 180 F 25 000 41.68 83.92%
Tonka-la-mine 22 1 180 F 26 000 43.34 83.92%
Bantara 20 à 22 1 180 F 25 000 41.68 83.92%
ANEEMAS 22 1 190 F 26 180 F 42.78 84.63%

 Sources: site managers, artisanal miners, local buyers, ANEEMAS agents,

Best regards, Team Burkina Faso

Adama Ouedraogo is the coordinator of field operations responsible for community relations for the AGC and planetGOLD Burkina Faso

The planetGOLD Burkina Faso project is working toward eliminating mercury in the ASGM sector by improving availability of mercury-free technologies, shortening the gold supply chain, and increasing artisanal and small-scale miners’ direct
access to the international market.

The planetGOLD Burkina Faso project is implemented by the United Nations Industrial Development Organization (UNIDO), co-financed by the Artisanal Gold Council, Argor Heraeus and the government of Burkina Faso, and executed by the Artisanal Gold Council.

Visit planetgold.org/burkinafaso to learn more and sign up for updates

  • Tweet
  • Share 0
  • LinkedIn 0

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

extra news title

Latest Posts

Latest News

Road to formalization: STAG advocate Kam Sié Dominique discusses formalization at Diarkadougou site

Jun 30, 2022

While Burkina Faso’s artisanal gold mining sector continues to grow, the informal nature of the sector has been doing the same. ASGM provides…

Read More

ASGM stakeholders learn to use OECD due diligence guidelines through the STAG adapted version of the CRAFT Code

Jun 28, 2022

Workshop participants and the STAG team. National project manager and team leader Alizèta Ouedraogo is in the center in black. | AGC 2022 Now in its…

Read More

The Artisanal Gold Council attended an action-packed PDAC 2022 conference in Toronto

Jun 16, 2022

The Artisanal Gold Council represented the Artisanal Gold Mining sector at the massive PDAC 2022 conference in Toronto from June 13-16. Tweet Share 0…

Read More

Artisanal Gold Council team attending PDAC conference to highlight the importance of artisanal gold mining sector to jobs and environment, and to explain planetGOLD projects

Jun 13, 2022

Artisanal Gold Council Executive Director Dr. Kevin Telmer led a team from AGC’s Victoria, B.C., headquarters to represent the Artisanal Mining…

Read More

STAG’s Ousmane Hamadoum has a clear vision for Burkina Faso’s formalized Artisanal and Small-Scale Gold Mining Sector

Jun 10, 2022

The artisanal and small-scale gold mining (ASGM) sector has long been marginalized at least partly due to its informal nature. However, the global…

Read More

Translated Posts

  • French
  • Spanish

Subscribe

For updates on the impacts of Covid-19 on artisanal and small-scale gold mining communities and to join the conversation, subscribe to AGC’s blog.



All of the documents and data presented by the AGC on this website are subject to copyright. © Copyright 2022

Custom WordPress site by Quadra Street Designs