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About SEMAFO

Company Profile
Corporate Governance
Management Team
Objectives
objectives SEMAFO

2013 Strategic Priorities

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
Maintain safe and reliable operations
  • Through prudent environmental stewardship
  • By continuously evolving our health and safety initiatives
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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