SEMAFO is a Canadian-based mining company focused on the exploration, development and production of gold deposits in West Africa. Established in 1997, the company has built a portfolio of assets through strategic acquisitions and organic growth, positioning itself as an intermediate gold producer. SEMAFO’s operations are supported by a dedicated team of geologists, engineers and technical specialists who apply modern mining and processing techniques to optimize resource recovery and project economics.
The company’s principal producing assets are located in Burkina Faso, where the Mana and Boungou gold mines have delivered consistent output since commissioning. Both facilities utilize conventional open-pit mining methods combined with gravity and carbon-in-leach processing circuits to produce doré bars on site. In addition to these operations, SEMAFO maintains an extensive exploration portfolio across favourable geological belts in Burkina Faso and neighboring Ivory Coast, targeting both greenfield and brownfield opportunities to extend mine life and add new reserves.
SEMAFO’s growth strategy includes advancing its regional exploration pipeline while optimizing existing operations through cost management and operational efficiencies. The company places strong emphasis on sustainable development, implementing health and safety programs for employees and contractors, as well as community engagement initiatives that support local infrastructure, education and small-business development. Environmental stewardship is integrated at every stage of the mining cycle, from land rehabilitation to water management and biodiversity protection.
Headquartered in Montreal, SEMAFO is led by President and Chief Executive Officer Benoit Desormeaux, who brings over two decades of experience in mineral exploration and gold mine operations. Under his leadership, the company has strengthened its technical capabilities and expanded its presence in West Africa. The board and senior management team combine expertise in geology, engineering, finance and sustainability, guiding SEMAFO’s objective to create long-term value for stakeholders while contributing to the economic development of the host countries.
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