West African Bourse going for gold as it mulls a mining exchange by 2018

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West Africa’s regional stock exchange plans to start a separate section for mining stocks by 2018 which could make it easier for resources companies to raise funds in local currency – the CFA franc. The bourse is amending its regulations and aims to have a dedicated mining platform in place by 2018. The mining exchange will be open for companies exploring or operating mines in the region and is in talks with the Toronto Stock Exchange to explore possibilities for a partnership. It will draw inspiration from the Canadian Mining Exchange model.

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