Semafo to Build $230 Million Hydroelectric Power Plant in Guinea

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Semafo Inc., a Canadian gold producer that mines in West Africa, plans to build a hydroelectric power plant in Guinea, said Mody Oury Barry, head of the project.

The $230 million, 130-megawatt plant will be constructed on the Cogon river, which is in the bauxite-rich region of Boke, Barry said in an interview in Conakry, the capital, yesterday.