Shares of gold miners with projects in the West African country slumped sharply in Monday trade at the Toronto Stock Exchange, dragging down the entire index.
Shares of Fortuna Mining were down 9% at 3:25 p.m. ET (19:25 GMT). Orezone GoldCorp, which owns the Bombero gold mine, was also down 9% at the TSX.
Gold miner Endeavour Mining said Traoré discussed several topics on Saturday to commemorate two years of his presidency and made a reference that certain mining permits may potentially be revoked.
However, Endeavour said the government remains supportive of the company and it is not aware of any plans to revoke any of its mining permits.
Shares of Endeavour were down 3% at the TSX.
(By Vallari Srivastava and Divya Rajagopal; Editing by Shreya Biswas and Mark Porter)
