Semafo, headquartered in Montreal, Canada, is a mining company that specializes in gold production. Originally established in 1995 as West Africa Mining Exploration Corporation, the company changed its name to Semafo in 1997. Semafo's primary focus is on exploring, developing, and operating gold properties in West Africa.

Their main product is gold, which is extracted from their mining operations and subsequently sold to various buyers in the global market. The company operates three gold mines in Burkina Faso, located in Mana, Boungou, and Natougou. Mana is the longest-operating mine and has been in production since 2008.

Boungou, which began production in 2018, represents Semafo's newest mine. Natougou, the company's third mine, achieved its first gold production in 2020. Semafo also owns the Bantou project, which is currently in the exploration phase.

Semafo has expanded its presence in West Africa through strategic partnerships with other mining companies. Notably, in 2014, Semafo formed a joint venture with Savary Gold Corp. This partnership allowed Semafo to diversify its operations beyond Burkina Faso.

In terms of market position, Semafo has established itself as one of the leading gold producers in West Africa. The company has consistently achieved strong global sales, benefiting from the region's rich gold reserves and favorable mining conditions. Semafo competes with other gold mining companies such as Barrick Gold Corporation and Newmont Corporation.

Throughout its history, Semafo has experienced significant events and achievements that have contributed to its growth. In 2019, the company completed the construction of the Natougou mine, a significant milestone that expanded its production capacity. As of the most recent update, Semafo was acquired by Endeavour Mining Corporation in March 2020.

This acquisition resulted in the combination of two major gold producers, significantly strengthening Endeavour Mining's presence in West Africa. Semafo now operates as a subsidiary of Endeavour Mining Corporation, and its projects continue to contribute to the overall growth of the consolidated company