SEMAFO Inc

Semafo drops the ball on West African project update

VANCOUVER — Quebec-based gold producer Semafo Inc. (SMF-T) found out just how punishing markets can be these days when the company released long-awaited exploration results at its Mana gold mine 200 kilometers west of Ouagadougou, Burkina…


Semafo hits new gold zone in Niger

Taking the time to have a look through old data has led to a new discovery for Semafo (SMF-T). The Montreal-based, West Africa-focused miner found a new mineralized trend at Samira Hill in Niger after pouring over a patchwork of historical…




Semafo hopes to boost gold production

Montreal-based Semafo’s (SMF-T) three operating mines in West Africa are expected to produce between 235,000 oz. gold and 260,000 oz. gold on a consolidated basis in 2012 at an estimated operating cash cost of US$700 to US$750 per oz.,…


[Update]Burkina’s gold hunt on the rise

Burkina Faso has recently seen more gold mining due to its relatively stable government, favourable geology, modern mining code and attractive fiscal regime.   


2012 guidance sends Semafo shares down

Montreal-based Semafo’s (SMF-T, OMX-Q) three operating mines in West Africa are expected to produce a total of between 235,000 ounces of gold and 260,000 ounces of gold in 2012, according to company forecasts.    



Endeavour Mining to merge with Adamus

Canada’s Endeavour Mining (EDV-T)  and Australia’s Adamus Resources (ADU-V, ADU-A) are planning to merge and create a “growth-focused West African gold producer” with pro forma production this year of about 170,000 oz. gold from two mines,…


Loading a truck at Semafo's Mana gold mine in Burkina Faso. Photo by Semafo

Semafo says it’s business as usual in Burkina Faso

Montreal-based Semafo (SMF-T) says operations at its flagship Mana gold mine in Burkina Faso have not suffered any disruptions as a result of recent military unrest across the country. In April, soldiers in several small towns and the capital…


Roxgold's Yaramoko gold project in Burkina Faso. Photo by Roxgold

Roxgold hits more high-grade gold at Yaramoko

Starting at a depth of 6 metres, Roxgold (ROG-V) drilled 20 metres of 28.61 grams gold per tonne at the Bagassi Central target of its Yaramoko gold project in Burkina Faso. Further downhole, starting at 38 metres, a separate 11-metre…



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