The Corporation operates the Mana Mine in Burkina Faso, which includes the high-grade satellite Siou and Fofina deposits, and is developing the advanced gold deposit of Natougou.
SEMAFO owns 90% of the Mana Mine through its wholly owned subsidiary SEMAFO Burkina. The Mana Mine is located in Burkina Faso, 260 kilometers southwest of the capital Ouagadougou. The third-largest mine in Burkina Faso, it has produced 1.5 million ounces since its first gold pour in 2008. Since then, we have expanded the plant four times to a current processing rate of over 7,200 tonnes per day.
In 2015, Mana gold production totaled 255,900 ounces, representing a 9% year-over-year increase. Since November 1999, we have drilled more than 1.3 million meters on the extensive Mana property that boasts a total surface area of over 2,145 square kilometers on the Houndé Gold Belt.