The Australian mining company West African Resources announced on Tuesday, January 02, 2024, that it had received the first $100 million installment under a $265 million credit facility provided by the Burkinabe Coris Bank and the asset manager Sprott Resource Lending.

West African Resources mandated Burkinabe Coris Bank and Canadian asset manager Sprott Resource Lending to mobilize a $265 million credit facility for the construction of the Kiaka gold mine. The company obtained $100 million, which it said will be used to build the Kiaka gold mine in Burkina Faso. According to Idrissa Nassa, president é of Coris, “Kiaka is a world-class project that will have an impact. style="font-family:" Bookman Old Style”, "serif">é conomique et social important sur les communaut s de la r Summer gion de Manga, tout en contribuant de mani è is significant to Burkina Faso's GDP. We are very proud to provide local funding to the Kiaka gold project ”.