MONTREAL, QUEBEC -- (Marketwire) -- 11/01/11 -- SEMAFO (TSX: SMF)(OMX: SMF), today is proud to announce that the Corporation has been named as one of Canada's 10 Most Admired Corporate Cultures™ for 2011 in the Quebec & Atlantic Canada region. The selection process is based on criteria such as: vision, leadership, reward and recognition
MONTREAL, QUEBEC -- (Marketwire) -- 10/27/11 -- SEMAFO Inc. (TSX: SMF)(OMX: SMF)today announced results from the reverse circulation ('RC') infill drilling over the Kona open pit area, which confirms the distribution of the mineralization. Results also outline zones of higher grade mineralization as revealed by holes MRC11-367, which returned
MONTREAL, QUEBEC -- (Marketwire) -- 10/20/11 -- SEMAFO Inc. (TSX: SMF)(OMX: SMF) today announced the commencement of trading of its common shares through a secondary listing on the NASDAQ OMX Stockholm exchange in Sweden. Shares on the secondary listing will be traded and settled in Swedish kronor (SEK) under the ticker symbol 'SMF'.
MONTREAL, QUEBEC -- (Marketwire) -- 10/18/11 -- SEMAFO (TSX: SMF) today reported drill results from its ongoing exploration and in-fill program on the Wona SW zone, located immediately southwest and parallel to the Wona Deep zone. Core drilling results have added underground depth potential revealing wide and high-grade mineralization. Results with values including WDC319, which returned 4.07 g/t Au (4.33 g/t Au uncut) over 43 meters, extend the mineralization at-depth and suggest a mineralized plunge similar to the central portion of the Wona Main zone.
Gold Sales for the Quarter Total $102.3 MillionMONTREAL, QUEBEC -- (Marketwire) -- 10/06/11 -- SEMAFO (TSX: SMF) today announced production of 61,500 ounces of gold in the third quarter 2011, including 45,100 ounces at its Mana Mine in Burkina Faso.
Potential Cash Operating Cost Reduction of Up to $40 per Ounce
MONTREAL, QUEBEC -- (Marketwire) -- 10/03/11 -- SEMAFO (TSX: SMF) today announced that the Corporation has entered into an agreement with National Electricity Company Sonabel for the construction of a 73-kilometer high-voltage transmission line to deliver power to its Mana mine in Burkina Faso.
MONTREAL, QUEBEC -- (Marketwire) -- 09/30/11 -- SEMAFO (TSX: SMF) today provided an update on the temporary suspension of operations at its Kiniero mine in Guinea following an illegal protest by a group of local residents on Sunday, September 18, 2011.
MONTREAL, QUEBEC -- (Marketwire) -- 09/28/11 -- SEMAFO (TSX: SMF) today announced that the Corporation's Stockholm listing prospectus has been approved by and registered with the Swedish Financial Supervisory Authority. The prospectus is available in the Investor Relations section of the Corporation's website at www.semafo.com.
MONTREAL, QUEBEC -- (Marketwire) -- 09/28/11 -- SEMAFO (TSX: SMF) today announced the Corporation's decision to apply for a dual listing of its common shares on the NASDAQ OMX Stockholm exchange in Sweden. The listing is expected to be on or about October 20, 2011, subject to regulatory approvals.
MONTREAL, QUEBEC -- (Marketwire) -- 09/08/11 -- SEMAFO (TSX: SMF) today announced plans to increase the processing capacity by 6,000 tonnes per day ('tpd') at its Mana property in Burkina Faso. The expansion project is aimed at increasing capacity at the plant to 14,000 tpd, representing as much as an additional 120,000 gold ounces annually and
Net Income of $32.9 Million - Margins Up 16%MONTREAL, QUEBEC -- (Marketwire) -- 08/10/11 -- SEMAFO (TSX: SMF) today reported its second quarter financial and operating results for the three-month period ended June 30, 2011. All amounts are in US dollars unless otherwise stated.
Year-to-date Results Motivate Mana Exploration Budget Increase of $8.5 Million
MONTREAL, QUEBEC -- (Marketwire) -- 08/09/11 -- SEMAFO (TSX: SMF) today provided an update on the air core ('AC') drilling program under way on the Massala and Saoura permits located approximately 90 kilometers north of the Mana Mill in Burkina Faso (ref. Figure 2). Air core drilling was carried out during the first half of 2011 following the completion of magnetic and Helitem surveys, which identified regional scale anomalies associated with historical surface sample results ranging up to 13.8 g/t Au. With less than 15% of assayed samples received from the total 28,235 meters drilled, preliminary results already indicate the potential for significant mineralization. Hole MAC11-1613 returned 6.77 g/t Au across 8 meters along what appears to be a regional scale geological contact identified from the airborne magnetic-Helitem survey (ref. Figure 1).
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