| What We Plan to Do |
How We Plan to Do It |
| Maximize organic growth at our flagship Mana property |
- Through disciplined exploration
- With an initial exploration budget of $20 million for Mana
- By focusing exploration:
- On expanding the Siou Sector
- On adding Siou to reserves in 2013
- Within a 20-kilometer radius of the processing plant
- On potential new targets along the 30-kilometer Kokoi Trend, host to the Siou Sector
- By initiating the permitting process for Siou
|
| Develop and expand our project pipeline/portfolio |
- Through the ongoing exploration of high potential targets throughout the Mana property
- Through the ongoing assessment of accretive acquisition opportunities
|
| Optimize and improve efficiencies throughout the organization |
- By focusing on quality ounces
- Through rigorous cost management
- By conducting internal reviews to improve efficiency
- By reviewing strategic alternatives for the Samira Hill and Kiniero assets
|
| Deliver a solid operational performance |
- By achieving production guidance of between 215,000 and 240,000 ounces of gold
- By achieving an overall average total cash cost of between $855 and $905 per ounce
|
| Attract and retain the best mining talent |
- Through ongoing training and development, internship programs and employee-led work programs
- By developing local talent
- Through the nationalization of jobs
- By promoting an environment of mutual respect, diverse values and personal growth
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| Maintain safe and reliable operations |
- Through prudent environmental stewardship
- By continuously evolving our health and safety initiatives
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| Propagate SEMAFO's Savoir-faire in host countries |
- By continuing to foster good relationships with local communities, governments and non-governmental organizations
- By realizing and continuing to foster sustainable development initiatives
- Through the continued support of Fondation SEMAFO
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