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Deal #7432 Version #79606

Burkina Faso
Created at
2019-11-18
Last update
2019-11-26
Last full update
2021-05-25

Operating Company

Operating company
Name of investment project
Boungou mine
Comment on investment chain
Previously known as the Natougou project. It was acquired by SEMAFO from Orbis Gold in 2015. In July 2017, the Corporation entered into a mining services agreement ("Mining Agreement") with African Mining Service Burkina Faso SARL ("AMS") for the Boungou Mine. The Mining Agreement has an initial duration of five years and can be extended by the Corporation for the period, terms and conditions negotiated by both parties before the end of the Mining Agreement.
Network of parent companies and tertiary investors/lenders
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