Introduction
Segala Mining operates in Tabakoto in the Municipality of Sitakily about 15km from Keniéba.
Located in the south of the Kayes region, the Keniéba district covers an area of 16,800 km² with an average density of about 12 inhabitants/km². It is bounded to the north by Bafulabé and Kayes districts; to the south by the Republic of Guinea Conakry; to the west Rep. of Senegal and to the east by the Kita district.
The mine was acquired from Endeavour Mining in 2018 and operates in two permits: Segala Mining Cooperation (SEMICO) and Mines de Kofi (MIKO). Semico permit has one open-pit (Fougala) and two underground mines (Tabakoto and Segala) in operation. Miko permit has two operating open-pit mines (Baboto and Betea).
The share capital is 80% owned by NGUVU MINING LIMITED, with a presence in Ghana, Mali, and Niger and 20% by the Republic of Mali.
As part of the development of the deposits of the MIKO SA permit, the Nguvu Holdings group majority shareholder of MIKO SA and SEMICO SA has entrusted to Semico SA the processing of ore extracted from MIKO deposits.