Core Points - Burkina Faso has revoked the operating licence for the Taparko gold mine due to legal disputes and unmet socio-economic obligations by Taparko Mining [1] - The mine has been inactive since April 2022, leading to a significant drop in gold sales and revenue [2] - The Burkinabe Government had previously agreed to renew the industrial exploitation permit for the Taparko gold mine for an additional five years in July 2022 [3] Industry Overview - The Taparko gold complex includes multiple assets, with the extractive industry in Burkina Faso achieving record production of 57.35 tonnes in 2022 [4] - The sector contributed 14.8% to Burkina Faso's GDP, accounted for 75.5% of exports, and created 25,000 direct jobs [4] - There is a need for improved transparency in licensing processes, export information, and cost auditing to ensure sustainability in the sector [5]