Kiaka Gold Project, Burkina Faso
The Swedish Export Credit Agency (EKN) is considering a guarantee for financing of equipment to the Kiaka Gold Project in Burkina Faso. The planned gold mine is in the province of Zoundwéogo, 140 km south of the capital Ouagadougou.
The project entails the establishment of an open-pit gold mine with the aim to start production in 2025. EKN has made a preliminary classification of the project as category A. The project’s preliminary key environmental and social risks relate to physical resettlement and impacts on biodiversity. EKN conducts an Environmental and Social Due Diligence (ESDD) of the project.
An Environmental and Social Impact Assessment (ESIA) was initially conducted in 2013. The ESIA was updated in 2023 and can be downloaded in pdf format here (French only).
The information was published on EKN's website www.ekn.se on 17 January 2024. Comments on the project can be shared with EKN at info@ekn.se for at least 30 days. This procedure is in accordance with the OECD Recommendation on Common Approaches for Export Credit Agencies (ECAs).
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