Completion of Process Plant Construction, 57% of Commissioning at Boungou MONTREAL, May 08, 2018 -- Semafo Inc. today reported its financial and operational results for the three-month period ended March 31, 2018. All amounts are in US dollars unless otherwise stated. First Quarter 2018 - in Review · Gold production of 45,500 ounces compared to [...]
MONTREAL, April 30, 2018 -- SEMAFO reports the following, in accordance with the Swedish Financial Instruments Trading Act: As a result of the exercise of stock options, the number of issued and outstanding shares of SEMAFO has increased from 325,542,252 to 325,617,252 common shares with voting rights as at April 30, 2018. The information in this [...]
Commissioning Advancing to Plan MONTREAL, April 19, 2018 -- Semafo Inc. announced that construction of the Boungou Mine in Burkina Faso is 91% complete, and commissioning activities are advancing well with 10% already completed at the end of March. Since launch of commissioning at the end of February, the crushing circuit equipment [...]
MONTREAL, March 30, 2018 -- SEMAFO reports the following, in accordance with the Swedish Financial Instruments Trading Act: As a result of the exercise of stock options, the number of issued and outstanding shares of SEMAFO has increased from 324,981,664 to 325,542,252 common shares with voting rights as at March 30, 2018. The information in this [...]
Dry Plant Commissioning Underway MONTREAL, March 22, 2018 -- Semafo Inc. is pleased to announce that construction of the Boungou Mine in Burkina Faso is 87% complete, with first gold scheduled to be poured early in the third quarter of 2018. In a first step towards this milestone, the Corporation began commissioning activities on dry plant [...]
Net Income Attributable to Equity Shareholders of $20.0 Million MONTREAL, March 06, 2018 -- Semafo Inc. today reported its financial and operational results for the fourth quarter and year ended December 31, 2017. All amounts are in US dollars unless otherwise stated. 2017 - The Year in Review Gold production of 206,400 ounces compared to 2016 [...]
MONTREAL, March 06, 2018 -- Semafo Inc. today reported its financial and operational results for the fourth quarter and year ended December 31, 2017. All amounts are in US dollars unless otherwise stated. 2017 - The Year in Review Gold production of 206,400 ounces compared to 2016 production of 240,200 ounces Total cash cost1 of $655 per ounce sold [...]
MONTREAL, Feb. 15, 2018 -- Semafo Inc. today announced 2018 production and cost guidance for its Mana and Boungou Mines in Burkina Faso. All amounts are in US dollars unless otherwise stated. Highlights Consolidated production of between 235,000 and 265,000 ounces of gold, representing a 21% increase over 2017 production All-in sustaining cost1 for [...]
MONTREAL, Quebec, Feb. 15, 2018 -- Figure 1 - Underground mining layout for the Siou mine Table 2 -Timeline for Development of Siou Underground Semafo Inc. today announced positive pre-feasibility study results at Mana, the addition of 188,000 ounces of reserves, primarily at Siou underground, and an increase of 203,000 ounces of reserves at [...]
MONTREAL, Feb. 09, 2018 -- Semafo Inc. reports that it has subscribed to 33,333,333 common shares of Savary Gold Corp. at a price of $0.06 per common share for an aggregate subscription price of approximately $2,000,000 pursuant to a private placement financing of common shares of Savary previously announced by Savary on January 29, 2018 . Prior to [...]
Semafo reports 2017 production of 206,400 ounces at an all-in sustaining cost of $943 per ounce. As a result, the Corporation has beat its revised production and met its cost guidance for the year. Mana In the fourth quarter, Mana produced 49,500 ounces of gold at a total cash cost1 of $667 per ounce and all-in sustaining cost2 of $987 per ounce [...]
MONTREAL, Jan. 22, 2018 -- Semafo Inc. reports 2017 production of 206,400 ounces at an all-in sustaining cost of $943 per ounce. As a result, the Corporation has beat its revised production and met its cost guidance for the year. Mana In the fourth quarter, Mana produced 49,500 ounces of gold at a total cash cost1 of $667 per ounce and all-in [...]
