Wednesday , 6 December 2023
Home Global Economy 59 dead in gold mine explosion
Global Economy

59 dead in gold mine explosion

According to eyewitness reports, a fire broke out in a makeshift gold panning facility in south-west Burkina Faso on Monday afternoon. The fire is said to have triggered the explosion of contraband sticks of dynamite.

59 people died, reports the French news agency AFP, citing state television in the West African country. More than 50 other people were injured and taken to hospital. According to hospital staff, some of them are also in mortal danger. Women and children are among the victims.

Wild gold mining is prohibited

According to a local resident, the area where the dynamite was stored also served as a market. The force of the explosion is said to have created a crater there, reports the French news agency AFP.

Wild gold mining is actually forbidden in the poor Sahel state. But the authorities in Burkina Faso do not manage to adequately control the laws. According to official figures, more than a million people work in illegal mining and gold has become the country's most important export commodity.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Global Economy

Spotlight on 2023: S&P 500 and the Significance of the 4400 Level

In our past exploration of the financial landscape of 2023, we delved...

Global Economy

AI and Data Analytics Drive Efficiency in Money Laundering Detection

BIS Innovation Hub Turns to Tech for Money Laundering Detection The BIS...

Global Economy

Russell 2000 Gains Momentum as Tech Stocks Outperform Value

Tech stocks have dominated the equity markets in recent months, surpassing value...

Global Economy

Crypto Exchange Bybit Announces Exit from Canadian Market Amid Regulatory Changes

Regulatory Shifts Prompt Bybit's Strategic Withdrawal from Canadian Crypto Market