Boungou Mine

SEMAFO announced that construction of the Boungou gold mine in Burkina Faso is 87% complete, with first gold scheduled to be poured early in the third quarter of 2018.

SEMAFO is a Canadian-based mining company with gold production and exploration activities in West Africa.

The corporation operates the Mana mine in Burkina Faso, which includes the high-grade satellite deposit of Siou and is targeting production start-up of the Boungou mine in the third quarter of 2018.

In a first step towards this milestone, MONTREAL began commissioning activities on dry plant equipment this week.

Over the coming weeks, as construction continues, the crushing and reclaim circuit equipment required for initial production will undergo testing.

The power plant, which was over 90% complete at the end of February, has been partially operational since early March.

Additional key achievements:

  • Development on budget with US$182 million of the US$231 million capital expenditure incurred
  • Construction of the mine 87% complete
  • Completion of some 94% of structural steel and mechanical installation
  • Piping installation almost halfway complete
  • The tailings storage facility is more than 80% complete
  • Completion of over 90% of the power plant and fuel depot
  • Almost 65% of electrical and instrumentation installation has been completed
  • Completion of gold room and plant services has been advanced from the third quarter to the second quarter
  • The assay laboratory is operational
  • Pre-stripping 69% completed with 12.5 million of the projected 18 million tonnes extracted
  • Ore extraction will commence in the coming weeks
  • 1 818 personnel including contractors were employed on site, 85% of whom are Burkinabe
  • 4.5 million man-hours (454 days) have been worked without lost-time injury

Boungou Mine

The Boungou permit, which contains the Boungou deposit, lies within the Diapaga Greenstone Belt, a northeast-southwest orientated belt that extends over 250 kilometers in length and over 50 kilometers in width.

SEMAFO holds four contiguous permits, collectively known as the Tapoa Permit Group, covering approximately 70 kilometers in strike length along the Diapaga belt.

Laterite and alluvium cover extensive (lateral) portions of the permit however both are generally less than 10 meters in thickness.

An exploration budget of $9 million has been established to explore the Tapoa Permit Group in 2018.

The programme is expected to comprise 42 000 meters of RC, 60 000 meters of auger drilling and 4 000 meters of trenching activities.

The bulk of the RC drill work will test regional gold anomalies on the Boungou proximal, Dangou, Pambourou and 045 Trend Sectors.