Yesterday March 22, SEMAFO reported that its Boungou gold mine (Burkina Faso) whose construction started in March 2017, is 87%-completed and the first gold bullion could be expected at the start of Q3, 2018.

The company also announced that it has begun commissioning activities on the drying plant, this week. Also, in the coming weeks, as construction continues, it will test the crushing and recovery system that will be used for initial production. Moreover, ore extraction is also expected to begin shortly.

Let’s recall that SEMAFO expects to produce an average of 204, 000 oz per year between 2019 and 2023.

Louis-Nino Kansoun