Semafo Inc. is pleased to announce that commercial production has been achieved at its Boungou Mine in Burkina Faso, effective September 1, 2018. Commercial production was declared when operations reached the internal commercial production measure of 30 consecutive days of mill throughput at 75% of nominal design capacity . During the 30-day [...]
Semafo Inc. announces an update on its security measures in Burkina Faso following two armed incidents last week. The Mana and Boungou Mines continue to operate without interruption. Boungou Mine The transport of personnel and supplies has resumed between the Boungou Mine and Ouagadougou under our adjusted security protocol. All expatriate [...]
Semafo Inc. regrets to report that a bus transporting employees from the town of Bobo-Dioulasso to the Mana Mine in Burkina Faso was shot at by armed bandits this morning. In the exchange of fire between the policemen and bandits, one SEMAFO national employee and one sub-contractor employee lost their lives. Operations at the Mana Mine, located 80 [...]
Semafo Inc. regrets to report that an armed incident occurred between the town of Fada and the Boungou Mine site in the Est region of Burkina Faso. As a result, five gendarmes and one sub-contractor employee lost their lives. Operations at the Boungou Mine were not affected. As a precautionary measure, we will be increasing our security measures [...]
Semafo Inc. today reported its financial and operational results for the three-month period ended June 30, 2018. All amounts are in US dollars unless otherwise stated. Second Quarter 2018 - in Review • Gold production of 45,700 ounces compared to 47,600 ounces for the same period in 2017 • Gold sales of $58.5 million compared to $59.3 [...]
MONTREAL, July 18, 2018 -- SEMAFO invites you to participate in a conference call on August 8, 2018 at 08:00 AM EST with senior management during which they will review the Corporation's second quarter 2018 financial and operational results. SEMAFO's financial statements and management's discussion and analysis for the second quarter 2018 will be [...]
MONTREAL, June 28, 2018 -- Semafo Inc. is pleased to report that it has completed its first gold pour at the Boungou Mine in Burkina Faso, slightly ahead of the original schedule. The first pour yielded approximately 325 ounces of gold. Fist Gold Bar - Boungou Mine First Gold Pour – Boungou Mine Dry and wet commissioning of the Boungou [...]
MONTREAL, June 21, 2018 -- Semafo Inc. announces the retirement of Mr. Michel Crevier as Vice-President, Exploration and Mine Geology and Qualified Person, effective June 30, 2018. Mr. Crevier will remain available to the Corporation on a consulting basis. As part of Mr. Crevier’s succession plan, Richard Roy, who is currently exploration [...]
MONTREAL, May 30, 2018 -- Semafo Inc. regrets to report that an employee of a local contractor passed away yesterday from injuries sustained during an accident at the Mana Mine in Burkina Faso. The accident occurred when the individual, who was driving a haul truck, unexpectedly lost control of the vehicle. SEMAFO has been working in collaboration [...]
MONTREAL, May 24, 2018 -- Semafo Inc. reports that it has signed a mining services contract with African Underground Mining Services to provide turnkey mining services for Siou underground. AUMS is a well-known and reputable mining contractor with underground experience in Burkina Faso and across Africa. Under the mining services contract, AUMS [...]
MONTREAL, May 17, 2018 -- Semafo Inc. is pleased to announce that commissioning of the Boungou Mine process plant is underway, with the first ore scheduled to be introduced to the mill circuit by month-end. We now expect to achieve the first gold pour at Boungou in June, slightly ahead of schedule. Highlights as at April 30, 2018: · Overall project [...]
MONTREAL, May 11, 2018 -- SEMAFO announces that at its Annual General Meeting of Shareholders held on May 10, 2018, all directors nominated in the 2018 management proxy circular were re-elected. A total of 233,580,184 common shares or 71.75% of our issued and outstanding common shares were represented in person or by proxy at the meeting. Detailed [...]