SEMAFO
SEMAFO's Boungo mine in Burkina Faso

TSX-listed SEMAFO is 91% complete with the construction of its Boungou mine in Burkina Faso.

Commissioning activities at Boungou are advancing well with 10% already completed at the end of March 2018.

Since the start of commissioning at the end of February, the crushing circuit equipment and water services have been tested and commissioned. The reclaim and grinding circuits, reagent and oxygen plants are also undergoing testing.

Wet commissioning began at the end of March with SEMAFO pumping water from the water storage facility to the raw water tanks for the processing plant.

“We are still in line to achieve our first gold pour early in the third quarter of 2018,” the company states.

As at March 31, 2018, the following milestones had been reached:

  • Development on budget with US$194 million of the US$231 million capital expenditure incurred;
  • Construction of the mine 91% complete;
  • Completion of 98% of structural steel and mechanical installation;
  • Piping installation 83% complete;
  • Over 90% of electrical and instrumentation installation has been completed;
  • The tailings storage facility is more than 95% complete;
  • Power plant is 93% complete and partially operational.

By end of May, SEMAFO expects the four sub-stations to be fully in service., with the fuel depot already 93% complete.

Moreover, the installation of the cladding for the gold room is near completion;

The company reported that recruitment of mine operator employees is proceeding to schedule and training began in April and is expected to be completed in May.

Pre-stripping 77% completed with 14 Mt of the projected 18 Mt extracted. The first ore will be hauled to the ROM pad at the end of April.

To date, a total of 1 643 personnel including contractors were employed on site – 87% of whom are Burkinabe – with 4.9 million man-hours (485 days) having been worked without lost-time injury.

Boungou is SEMAFO’s second mine development. The company’s first mine – Mana – was successfully brought into operation in 2008.