# Avesoro signs mining contract with Orkun for Youga gold mine

Avesoro's subsidiaries BMC and NMC signed a contract with Orkun for open-pit mining at the Youga gold mine in Burkina Faso. Orkun will pay an earn-in fee to acquire BMC's heavy mining equipment and invest $5 million in additional equipment.

- Type: Contract
- Announced: 2019-07-17
- Where: Youga gold mine, Burkina Faso
- Value: $5.00M
- Status: announced
- Capacity: 800,000 to 900,000 bank cubic metres per month
- Products: open-pit mining services, heavy mining equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Avesoro Resources](https://endata.com/companies/27842.md)
- [Burkina Mining Company](https://endata.com/companies/40708.md)
- [Netiana Mining Company](https://endata.com/companies/40709.md)
- [Orkun](https://endata.com/companies/40710.md) (supplier)

## Sources

- [miningmagazine.com](https://www.miningmagazine.com/surface/news/1367545/avesoro-opts-orkun), 2019-07-17: "This contract will enable Avesoro to significantly reduce its future mining costs at Youga."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.