Senegal: Sabodala Gold Operations announces a turnover of 170 billion FCFA in 2017



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Sabodala Gold Operations, the Canadian mining company based in Eastern Senegal, has achieved gold production of 233,067 ounces for a turnover of 170 billion CFA francs in 2017, according to its general manager Abdoul Aziz Sy.

As a mocker of a meeting with the press on Wednesday, July 18 to present the seventh SGO Corporate Social Responsibility Report for fiscal year 2017, Abdoul Aziz Sy further informed that the production of the company has increased by 13% more than the previous year.

According to top management, the contributions of the mine in Senegal amount, in 2017, to nearly 115 billion CFA francs, with more than 30 billion paid to the government, and more than 550 million in community investments.

For its part, the director of mines and geology of Senegal, Ousmane Cissé, present at the presentation ceremony, announced the arrival of three new e mining operations in the same area

As a reminder, SGO has 1,158 employees in the extractive industry in the country. Teranga Gold's subsidiary (TGO) aims to become a mid-level gold producer in West Africa (Burkina Faso, Ivory Coast).

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