West Texas Intermediate crude finished at US$43.84 per barrel — marking the sixth weekly drop in oil prices — but a bounce in Canadian exports in June injected a sliver of optimism into the prevailing doom and gloom about the…
Semafo (TSX: SMF) has amended its bid for 100% of Orbis Gold (ASX: OBS) to A$0.65 per share from its proposal on Oct. 12 of between A$0.62 and A$0.65 per share in a deal now worth A$163.9 million (US$143 million).
A day after the board of directors of Orbis Gold (ASX: OBS) rejected an unsolicited all-cash takeover offer made on the Thanksgiving holiday weekend from Montreal-based Semafo (TSX: SMF; US-OTC: SEMFF), the Australian mining company released an…
VANCOUVER — When West Africa-focused Semafo (TSX: SMF; US-OTC: SEMFF) relocated most of the mining fleet to new mining ares at its flagship Mana gold mine, the company knew it would have to weather a less-productive transition…
A feasibility study on the 55 Zone of Roxgold’s (TSXV: ROG; US-OTC: ROGFF) Yaramoko gold project located 200 km southwest of Ouagadougou in Burkina Faso improves on the results of a preliminary economic assessment delivered late last year…
Semafo (TSX: SMF) decided some short term pain would be worth the long term gain.
Bullman Minerals (TSXV: FUL) believes it’s off to a good start in West Africa where it has two projects on the Birimian Gold Belt in northeastern Guinea.
The S&P/TSX Composite Index was up 77 points to 14,335.76 points for the period, as better-than-expected retail sales and stronger economic data from south of the border lifted investors’ spirits. Several closely watched leading…
Soil sampling at Semafo’s (TSX: SMF; US-OTC: SEMFF) Mana property in Burkina Faso has pinpointed a north-trending corridor measuring more than 14 km long and up to 4 km wide, 8 km north of the Siou deposit.
Authorities in Burkina Faso have given Semafo (TSX: SMF; US-OTC: SEMFF) the go-ahead to develop its Siou and Fofina gold deposits sooner than expected.
VANCOUVER — The future is looking brighter for Montreal-based gold producer Semafo (TSE: SMF; NYSE: SEMFF) at its Mana mine in Burkina Faso, after a reserve update showed higher-grade ounces at the company’s satellite Siou deposit.
Shares of Roxgold (TSXV: ROG; US-OTC: ROGFF) took flight after the junior increased the indicated resource for the 55 zone gold deposit on its Yaramoko exploration permit in Burkina Faso by 143%, where the company expects to complete a…
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