🇧🇫Burkina FasoWest Africa
Houndé mine's contribution to Burkina Faso's economy, employment, and human capital development
via Lefaso.net6 min read
The Houndé mine, located in western Burkina Faso, is a key asset of the Endeavour Mining group, having commenced commercial production in 2017 and consistently operating over 30% above its nominal capacity. A media immersion event on June 3 and 4, 2026, highlighted the mine's significant contributions to the national economy, job creation, and human capital development. Ian Cockerill, President and CEO of Endeavour Mining, stated the company's commitment to ensuring positive impacts extend beyond immediate operations, producing gold that generates tangible value for individuals and society. The mine, with 15% state ownership, aims for lasting impact, evidenced by a record production of 312,000 ounces 9.704 tonnes in 2023, surpassing forecasts. Souleymane Boly, Country Director, noted Endeavour Mining's leadership in West African gold production and its position as the top producer in Burkina Faso through the Houndé and Mana mines, making it one of the largest private contributors to the Burkinabè economy. In 2025, the group contributed 620 billion FCFA to the Burkinabè economy, including 210 billion through the public treasury, 45 billion in salaries, and 365 billion via purchases, with 93% of these being local and national. Burkina Faso accounts for 35% of the group's production and 40% of its public treasury contributions. The mine received the local content award at the 2025 SAMAO for its efforts in integrating local suppliers. Social and economic contributions include dir
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