News · riotimesonline.com

Burkina Faso Gold Exports Reach US$9 . 7 Billion by August

Burkina Faso's gold exports reached 5,685.9 billion CFA francs (about US$9.7 billion) in the first eight months of 2026, up 66.5% year on year, according to figures from the government's planning directorate (DGEP) reported by La Nouvelle Tribune. Total goods exports were 6,049.2 billion CFA francs (about US$10.3 billion), up 57.7%, with mining products, mostly gold, making up 94.1%. Industrial gold output was 36.483 tonnes, up 11.2%, far slower than the growth in export value. Cotton export income rose 45%, while cashew nuts fell 44.8% and sesame seeds fell 47.8%. The article notes the country is led by a military government and left ECOWAS on 29 January 2025.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on riotimesonline.com ↗

Keywords

goldexportsBurkina Fasomining

Open a keyword to see other news on the same topic.

Related tickers and likely impact

XAU/USD

• Neutral

Relevance: low

MarketGold
Close on 10/19/20264,140.75
Change that session-0.60%
XAU/USD price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Guyana Gold Exports Hit US$826 Million

    Guyana's gold export receipts reached US$826.2 million in the first half of 2026, up 48.5% (US$269.8 million) from a year earlier. The central bank says the whole gain came from price, as the average price per ounce rose 59.1% to US$4,528.20 while ounces shipped fell 6.7% to 182,451. Declared gold output rose 11.3% over the same period, yet the reports do not explain the drop in exports or where the gold was sold. Gold made up 5.1% of exports, behind crude oil at 92.9%, and its income follows the gold price, which has fallen from its January peak. The article also notes that the US Treasury sanctioned one of Guyana's largest gold exporters in June 2024, making provenance checks important for buyers.

    riotimesonline.com·goldexportsmining
  • Is There A Risk Hiding In Newmont Stock's Strong Cash Flow?

    Newmont (NEM) generated $2.2 billion of free cash flow in Q2 2026, its highest for any second quarter, as higher gold prices lifted margins. Sustaining spending on its mines is planned to rise in the second half, with about 58% of 2026 sustaining spending falling in that period, tied to key programs at Boddington and Cadia. Newmont spent $438 million on sustaining and $285 million on new projects in Q2, and expects 63% of its 2026 development spending in the second half. Management said the Red Chris project may cost more than Newcrest's original estimates, on top of the $1.4 billion 2026 development guidance, with a funding decision due later in 2026 or early 2027. Newmont ended Q2 with $3.4 billion of net cash, modestly above its target range of $1 billion ±$2 billion, and the article treats the rising bill as a risk to weigh rather than an alarm.

    Yahoo Finance·Newmontgoldmining
  • Silvercorp Reports Operational Results and Financial Results Release Date for the Second Quarter, Fiscal 2027

    Silvercorp reported production for the second quarter of fiscal 2027, ended September 30, 2026: silver output fell 41% year over year to 0.9 million ounces and gold fell 34% to 1,371 ounces, in line with the 40-50% impact it previously disclosed. The Ying Mining District processed 213,320 tonnes of ore and resumed operations, ending the quarter at a 90% operating rate. Revenue was $72.1 million, down 13%, partly offset by realized silver and gold prices that rose 82% to $61.83 per ounce and 32% to $3,955 per ounce. About $13.4 million was spent on safety upgrades at Ying, which were inspected and approved for operations to resume. Heavy rain at El Domo, with 620 millimetres (489% above the six-year average), halted construction for 77 days, and the company will release unaudited Q2 fiscal 2027 financial results on November 5, 2026, after market close.

    newswire.ca·Silvercorpsilvergold
  • NV Gold Says Latest Assay Results From Slumber Gold Project in Nevada Outline MineralizationYahoo Finance·goldminingNV Gold
  • Thunderstruck Resources Starts Diamond Drilling at Liwa Gold-Silver Project in FijiYahoo Finance·goldsilvermining
  • Inventus Mining Begins Phase 3 Drilling at Pardo "River of Gold" ProjectYahoo Finance·mininggoldInventus Mining

Related markets

Gold →

Latest news

  • U.S. CFTC sets agenda for AI forum, exploring trading and agentic finance

    The U.S. Commodity Futures Trading Commission released the agenda for its first “Frontier Forum” event, hosted by its Innovation Task Force on October 28, to discuss how AI may change U.S. derivatives markets. The session will look at how AI could affect price discovery and risk management, and will hear from leaders of firms including Ornn, Architect and Liquid Compute. Participants will also explore how traders’ own AI agents may operate under CFTC regulations. CFTC Chairman Mike Selig said super intelligence is poised to transform financial markets.

    CoinDesk·
  • 2 Dividend Stocks Crushing the Market in 2026 (and Which Ones Can Keep Going)

    The article examines Johnson & Johnson (JNJ) and Amgen (AMGN), two dividend stocks that have outperformed the market in 2026. For J&J, revenue and earnings beat expectations and guidance was slightly raised, but its medtech unit faces weaker Impella demand and a Class 1 recall in the U.S.; the article still sees long-term prospects intact, citing new drug launches, the OTTAVA surgical system, a proposed $5.5 billion talc settlement and a 64-year dividend increase streak. Amgen's second-quarter revenue rose 10% to $10.1 billion despite FDA moves to remove Tavneos and falling denosumab sales after losing exclusivity. The article says growth drivers such as Tezspire, Tepezza and the MariTide obesity candidate could offset these headwinds.

    Yahoo Finance·
  • Wallet Linked to Drift Exploit Sends $61 Million in Ethereum to Tornado Cash

    Wallets linked to Drift's April 1 exploit moved about 25,700 Ethereum, worth roughly $61.56 million, into the Tornado Cash mixer over about two hours on Tuesday. Arkham data shows 71 addresses tied to the attacker still hold 81,454 ETH, worth about $198.58 million, after an earlier 23,095 ETH transfer in July. The attacker gained admin powers, introduced a fake token and used it to borrow real liquidity from Drift's Solana vaults, in an exploit totaling $295 million. Drift opened claims for its DFX recovery token on Oct. 1, and early redeemers received roughly 0.0104 USDT per token, about a penny per dollar lost.

    Decrypt·▼ ETH/USDTcryptocybersecurityTornado Cash
  • US stocks rise after companies deliver strong profits and oil prices retreat

    U.S. stocks rose Tuesday after strong profit reports from Equifax, Hasbro and others, while oil prices eased from near their highest since the Iran war began; the S&P 500 added 0.4%, and the Dow rose 1% at 12:41 p.m. ET. Equifax rallied 10.3%, Hasbro rose 7.5% and 3M gained 6.6%, while Brent crude fell 0.8% to $108.69, helping airlines such as American Airlines and United Airlines. Braze soared 51.6% to $45.32 after Salesforce agreed to buy it for $47.50 a share in cash, but General Motors sank 8.3% despite a bigger profit and a forecast midpoint below expectations. AI stocks stayed volatile: CoreWeave swung between gains and losses, and South Korea’s Elice fell 32% on its first trading day in Seoul.

    rockymounttelegram.com·▲ QQQ▲ SPY
  • Dollar Slips Against Franc After Briefly Dipping Below 0 . 8225

    On Oct. 20 the U.S. dollar briefly slipped below 0.8225, a support level in FXStreet’s technical analysis, before rebounding ahead of the Federal Reserve’s next decision. At 4:04 p.m. ET it bought 0.8245 Swiss francs, down 0.24%, within a session range of 0.8223 to 0.8271. Swiss data showed September imports rose 24.9% from August to CHF 21.881 billion and exports rose 1.5% to CHF 23.234 billion, narrowing the surplus to about CHF 1.4 billion mainly on an 87.8% jump in chemical and pharmaceutical imports. MUFG said overseas investors bought $942 billion of U.S. equities in the 12 months to July 2026, and its Oct. 16 research said fading AI enthusiasm could threaten dollar support. The Fed raised its target range by 0.25 percentage point to 3.75%–4% on Sept. 16 and will announce its next decision on Oct. 28.

    econotimes.com·▼ USD/CHF▼ DXY
  • Wall Street diverges Tuesday , industrials advance , techs slip

    Industrial stocks led U.S. markets on Tuesday while tech lagged, though AI stocks firmed after recent sell-offs. The Dow Jones Industrial Average rose 531.39 points, or 1.02%, to 52,497.42, the S&P 500 gained 22.02 points, or 0.29%, to 7,712.75, and the Nasdaq Composite slipped 0.02% to 26,424.82. The U.S. dollar weakened against major currencies, with EUR-USD at 1.1236, GBP-USD at 1.3381 and USD-JPY at 158.22. Major European indices drifted lower, with the FTSE 100 down 0.29% to 10,733.00, while Asian markets diverged, with Japan's Nikkei 225 down 1.30%, South Korea's KOSPI plunging 3.73% and Indonesia's IDX Composite surging 5.65%. Jake Behan of Direxion said upcoming hyperscaler earnings would be the next major test for the AI trade, with guidance on ROI and 2027 capex seen as more important than headline results.

    northkoreatimes.com·▼ QQQ• SPY

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.