SEMAFO has entered into an agreement with National Electricity Company Sonabel for the construction of a 73km high-voltage transmission line in Canada.
The 26MW-capacity transmission line will be connected directly to the national power grid and will also deliver power to its Mana mine in Burkina Faso.
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The total cost of the project is $19m, while SEMAFO will invest $9.5m which will be reimbursed to the Corporation by Sonabel over an eight-year period, following commissioning scheduled for 2013.