Violence in Africa's Sahel region attacks the mining food chain
* Mining companies, employees have been targeted by
* Mining contributes 15% of Burkina Faso government's budget
* Slowing exploration could hurt future production
* Security costs rising
* Low production costs remain a draw for gold miners
By Helen Reid
CAPE TOWN, Feb 10 (Reuters) - Violence in Africa's Sahel
region has driven mining exploration companies to put projects
on hold, with knock-on effects for an industry struggling to
expand and for fragile local economies.
At least 37 people died and 60 were wounded last November
when militants attacked a convoy of Semafo Inc
employees, the deadliest attack yet on a mining company in the
Islamist groups have been pushing south from strongholds in
northern Mali and carried out attacks across much of Burkina
Faso and parts of western Niger.
As security costs have risen, mining companies that exploreRead More
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