Boto

Boto mine is located in eastern part of Senegal, close to the borders of Mali and Guinea, and at 88 km from the city of Kédougou. This project is one of the assets recently acquired by Managem, all located in the Senegalo-Mali Shear Zone (SMSZ) which hosts several gold world-class deposits such as Loulou and Fekola currently under production. 

With a total investment of €350 million, Boto ranks among the largest mining developments in Senegal. The mine is expected to deliver an average annual production of 160,000 ounces of gold over its first three years of operation. Total mineral reserves are estimated at 1.8 million ounces, supporting a mine life of 12 years. Project Highlights:

•Open-pit operation with an annual rock extraction capacity of 35 million tonnes

• Processing plant with a 2.75 Mtpa capacity

• Supporting infrastructure includes: a 23 MW power plant, water dam, tailings storage facility, fuel depot, accommodation camp, airstrip, and road network.

From the outset, Boto has embedded strong ESG principles into its development model. The project implemented a comprehensive community program, supporting access to drinking water and healthcare, providing vocational training and employment opportunities for youth and women. It has also backed income-generating initiatives to support long-term local prosperity.