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Progress Minerals executive kidnapped in Burkina Faso found dead

Progress Minerals Inc.'s vice president of exploration Kirk Woodman, who was kidnapped by gunmen on a company-owned site near northern Burkina Faso's border with Niger, was found dead.

Progress Minerals' joint venture partner Predictive Discovery Ltd. said Jan. 18 that the companies will assess the implications of the incident on their local project activities.

Predictive holds a 49% interest in the Progress joint venture, which covers 11 exploration permits in Eastern Burkina Faso.