Semafo today announced the details regarding its 2012 $45-million global initial exploration budget, of which $36 million will be allocated to the Corporation's flagship Mana property. The Corporation also announced that it has acquired the rights to the new Kona II permit, which is continuous to the current group of permits. The Kona II permit [...]
Semafo Inc. today provided an update of the ongoing delineation drilling on the Fofina deposit at its Mana property in Burkina Faso. Reverse-circulation delineation drilling was completed at 25-meter intervals over the Fofina and V1 to V7 zones in November 2011. The Corporation is in receipt of assay results for 60% of the drill holes to date. In [...]
As a result of the exercise of options, the total number of shares and votes in the Corporation has changed during January as follows. The number of shares has increased by 25,000 common shares and the total number of shares in the Corporation as of January 31, 2012 amounts to 273,028,685 common shares. The total number of votes in the Corporation [...]
Semafo today provided its 2012 outlook including production guidance of between 235,000 and 260,000 ounces of gold. Semafo's flagship Mana property in Burkina Faso is expected to account for approximately 75% of the Corporation's gold production, having just delivered its best quarterly production result ever. Cash operating cost guidance has been [...]
MONTREAL, QUEBEC -- (Marketwire) -- 01/11/12 -- SEMAFO Inc. (TSX: SMF)(OMX: SMF) announced today that the Corporation has met its annual guidance objectives with production totalling 250,100 ounces of gold for the year ended December 31, 2011, despite the setbacks at the Kiniero Mine in the fourth quarter. Mana spearheaded operations with an
Operating Income of $40.8 Million - Margin Up 32%MONTREAL, QUEBEC -- (Marketwire) -- 11/09/11 -- SEMAFO (TSX: SMF)(OMX: SMF) today reported its third quarter financial and operating results for the three-month period ended September 30, 2011. All amounts are in US dollars unless otherwise stated.
MONTREAL, QUEBEC -- (Marketwire) -- 11/08/11 -- SEMAFO (TSX: SMF)(OMX: SMF) today announced that the Corporation's Board of Directors has approved an inaugural cash dividend of $0.02 per common share, payable on January 16, 2012 to shareholders of record at the close of business on December 31, 2011.
MONTREAL, QUEBEC -- (Marketwire) -- 11/07/11 -- SEMAFO (TSX: SMF)(OMX: SMF) today provided an update on construction and development progress of the underground project at the Mana property in Burkina Faso.
The Corporation has signed a letter of intent ('LOI') with mining contractor Dumas Contracting Ltd ('Dumas'), and an in-house underground
MONTREAL, QUEBEC -- (Marketwire) -- 11/07/11 -- SEMAFO (TSX: SMF)(OMX: SMF) today provided an update on construction and development progress of the underground project at the Mana property in Burkina Faso.
The Corporation has signed a letter of intent ('LOI') with mining contractor Dumas Contracting Ltd ('Dumas'), and an in-house underground