The Canadian mining company SEMAFO, announced that last week, Boungou mine, in Burkina Faso, achieved commercial production. This was achieved on September 1, 2018, when the operations reached 30 consecutive days of commercial production at 75% of the mine’s nominal capacity (4,000 tons daily).
During the 30 days, the company processed more than 90,000 tons of ore with an average of 2.4g/t and 83% recovery rate.
"During the period, the mill mainly processed lower grade ore sourced from the east pit. However, as the process was being optimized, higher grade ore was introduced and a recovery rate of more than 93% was reached at the end of the period", the company explains in a press release.
Boungou mine produced its first gold bullion at the end of June 2018. With the commercial production phase achieved now, it would produce between 60,000 and 70,000 ounces of gold this year.
Louis-Nino Kansoun
Nearly 400,000 mango seedlings distributed to farmers nationwide from June to August 2025. Pr...
Starlink lost 2,000 Kenyan users in Q1 2025, dropping to 17,066, as local ISPs grew 8%. High...
Abdul Samad Rabiu is now the richest investor on NGX, with ₦15.23 Trillion in BUA Foods and Cement...
• New system will link banks, fintechs, and mobile operators in a single platform• Real-time transfe...
MTN and SANTACO signed a reseller deal on 13 Aug 2025. Gauteng taxis gain MTN data, ICT, fintech ...
Late-July drought in Côte d’Ivoire and Ghana lifts cocoa futures despite weak global grindings data No official 2025/26 crop forecasts yet; private...
• Cameroon financier Alain Nkontchou to buy Nedbank 21.22 percent stake in Ecobank for 100 million US dollars pending regulators.• Upon closure Nkontchou...
• Egyptian sweet potato exports to the EU surged to 149,551 tonnes in 2024, surpassing the US and breaking records.• Since 2020, Egypt quadrupled sweet...
• Nigeria granted Air Tanzania a permit to launch the first nonstop Dar es Salaam–Lagos flight, enhancing East-West African connectivity. • Air Tanzania...
Galerie36 in Dakar showcases modern African art, fostering cultural exchange. Ayofemi Kirby’s intimate gallery redefines art spaces with a community...
EU rolls out biometric Entry/Exit System in Oct 2025, replacing passport stamps. Visa-free African states face new checks, longer queues, and strict...