Semafo Keeps Burkina Faso Mine Shuttered as Death Toll Rises
- ‘Administration and logistics very difficult,’ company says
- Semafo stock down 30% since attack first reported Nov. 6
This article is for subscribers only.
Semafo Inc.’s mine in eastern Burkina Faso remains shuttered after an attack on a convoy of the Canadian miner’s workers left 39 dead and erased about 30% of its market value.
Semafo raised the death toll by one on Monday, said 60 were injured and one was unaccounted for. A total of 241 workers were involved in the attack when five buses were ambushed by unidentified assailants about 40 kilometers (25 miles) from its Boungou mine on Nov. 6. in the West African nation.