Stripping underway at Samira Hill
Etruscan Resources (EET-T) and Semafo (SMF-T) have begun pre-stripping at the Samira Hill gold deposit in southwest…
SEMAFO Inc
People (February 16, 2004)
Argosy — Peter Lloyd retired as president and CEO but remains non-executive chairman; Cecil Bond appointed interim CEO and will serve as CFO and CEO.Banro — Peter Cowley appointed director.Bullio…
Semafo cuts long intersections at Wona
Delineation drilling by Semafo (SMF-T) at its Mana gold property in central Burkina Faso has returned long intersections from the Wona gold deposit.Semafo is tightening drill control on both Wona and …
Semafo drilling cuts long intersections at Wona
Delineation drilling by Semafo (SMF-T) at its Mana gold property in central Burkina Faso has returned long intersec…
Watered-down grades hurt Semafo’s quarter (November 21, 2003)
Montreal-based Semafo (SMF-T) closed out the third quarter of 2003 with a $3-million loss (4 per share), largely a…
Diamondiferous gravels outlined at Tirisano (September 01, 2003)
An independent resource update has increased the volume of diamondiferous gravels at the Tirisano mine in South Africa, reports Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V).South Afr…
Cassidy Gold proves up Guinean deposit
Vancouver — A 6-hole drilling program by Kamloops, B.C.-based Cassidy Gold (CDY-V) has returned promising grades from the Kouroussa property in Guinea, West Africa.The project is 570 km east of the c…
Etruscan, Semafo break ground in Niger
Having raised US$27 million in a debt financing, partners Etruscan Resources (EET-T) and Semafo (SMF-T) are stepping up construction of the Samira Hill gold project in Niger.Under the financing deal, …
Samira Hill funding in place (June 02, 2003)
A group of lenders led by the African Development Bank (ADB) and including Semafo (SMF-T) has approved a US$27-million loan to La Socit des Mines du Liptako (SML) to develop the Samira Hill gold pro…
Semafo fills in Wona (March 31, 2003)
Ongoing reverse-circulation drilling by Semafo (SMF-T) has confirmed the continuity of mineralization over the 800-metre northern portion of the Wona oxide gold deposit in Burkina Faso.The drilling al…
Semafo leaches Mana gold
Results from bottle-roll tests suggest the Wona and Nyafe oxide gold deposits in Burkina Faso are amenable to heap leaching, reports Semafo (SMF-T).Wona and Nyafe are two of three deposits that make u…
Semafo sees expansion at pits in Guinea
A reassessment of the pits at the Kiniero mine in northern Guinea has boosted mineral reserves for Montreal-based Semafo (SMF-T).Based on a gold price of US$308 per oz. and updated mill recovery and m…