Semafo’s Boungou mine achieves commercial production

Since its first gold pour at the end of June, Semafo’s (TSX: SMF) Boungou mine in Burkina Faso has produced more than 12,000 ounces of gold. The mine officially moved into commercial production on September 1. During August the mill processed more than 90,000 tonnes of ore at an average grade of 2.4 grams gold per tonne with an 83% recovery rate. The mill mainly processed lower grade ore from the east pit during the 30-day period, but as the process was optimized, higher grade ore was introduced and a recovery rate of more than 93% was reached at the end of the month. Boungou is expected to produce between 60,000 and 70,000 ounces of gold this year. Continue reading at The Northern Miner.