Stronger Gold Prices Push Burkina Faso’s Precious Mineral Earnings to $152M in 2025
Burkina Faso’s earnings from gold and other precious minerals surged to $152 million in 2025, buoyed by stronger gold prices and increased contributions from semi-mechanized mining operations.
The country’s Mining Development Fund (FMD) collected CFA85.72 billion ($152 million) over the year, reflecting continued growth in the sector.
Established in 2020, the FMD channels mining revenues into both local development and strategic national initiatives, ensuring that mineral wealth translates into tangible economic and social benefits.
Revenues climbed in the second half of the year, driven by a favorable trend in gold prices starting in September and additional contributions from semi-mechanized companies. In the first half of 2025, the fund collected CFA35.10 billion, allocating 58% (CFA20.33 billion) to the Patriotic Support Fund (FSP) and 42% (CFA14.77 billion) to local development.
In the second half, revenue rose to CFA50.62 billion, with 60% directed to the FSP and 40% to municipal and endogenous projects. Over the full year, approximately 59% of total FMD resources supported national priorities, while 41% went to local initiatives.
The results were presented on March 5 in Ouagadougou by the National Technical Commission for Mines and the FMD. Jean-Jacques Kaboré, Ministerial Treasurer at the Ministry of Mines, attributed the second-half surge to “the interesting course of the golden ounce found starting in September 2025, and to contributions from semi-mechanized companies.”
The FMD finances municipal development plans, infrastructure, and endogenous projects aimed at reducing regional disparities.
The FSP supports national interests, including security, social programs, and strategic infrastructure. “The FMD allows Burkina Faso to maximize the economic benefits of our mineral resources while supporting both regional development and national priorities,” said Djibril Zoungrana, Permanent Secretary of the National Technical Commission for Mines.
Gold remains Burkina Faso’s leading export and a cornerstone of economic growth, drawing regional attention as the country strengthens its position in Africa’s mining sector.
Between 2020 and 2022, the FMD mobilized over CFA169 billion, reflecting sustained efforts to formalize and redistribute mining wealth.
As Burkina Faso continues to improve governance and transparency in the mining industry, initiatives like the FMD help ensure that resource wealth benefits local communities while raising the country’s profile as a key mineral-rich economy in West Africa.
