Company Press Releases

SEMAFO: 2019 Karankasso Exploration Budget Set at $5 Million

2019-09-16 / @newswire

Program Dedicated to Exploring Extensive Untested Soil Anomalies MONTREAL, Sept. 16, 2019 /CNW Telbec/ - SEMAFO (TSX: SMF) (OMX: SMF) today announced that the 2019 exploration budget for the Karankasso portion of the Bantou Project has been set at $5 million. The program will focus on testi...Read More

SEMAFO: Cash Flow from Operating Activities before Changes in non-Cash Working Capital of $74 Million

2019-08-06 / @newswire

Bantou Resource Goal of 2.5 - 3.0 Million Ounces by End of 2020 MONTREAL, Aug. 6, 2019 /CNW Telbec/ - SEMAFO Inc. (TSX: SMF) (OMX: SMF) is pleased to announce another solid quarter of operations, development and exploration activities for the three-month period ended June 30, 2019. All amou...Read More

SEMAFO: Pit Wall Failure at Mana in Wona Pit

2019-08-05 / @newswire

Mana 2019 Guidance Revised to 130,000–140,000 Oz; Boungou Unchanged MONTREAL, Aug. 5, 2019 /CNW Telbec/ - SEMAFO Inc. (TSX: SMF) (OMX: SMF) reports that there was a pit wall failure at Mana in the Wona pit. No mining was underway in the area, and no-one was injured. Event A pit wall failu...Read More

Semafo Provides Notice of Second Quarter 2019 Results Release and Conference Call

2019-07-15 / @newswire

MONTREAL, July 15, 2019 /CNW Telbec/ - SEMAFO (TSX: SMF) (OMX: SMF) invites you to participate in a conference call on August 7, 2019 at 10:00 AM EDT with senior management during which they will review the Corporation's second quarter 2019 financial and operational results.  SEMAF...Read More

SEMAFO Provides Investor Day Webcast Details

2019-06-05 / @newswire

MONTREAL, June 5, 2019 /CNW Telbec/ - SEMAFO (TSX: SMF) is happy to announce that it will hold an investor day webcast on Thursday, June 6 at 1 pm EDT. Webcast ParticipantsTo register, please copy and paste the link below into your browser. Once registered, you may submit questions for the Q...Read More

SEMAFO: Bantou Nord Discovery 1.5km Northeast of Bantou Zone

2019-06-03 / @newswire

Broad Disseminated Gold Mineralization Returns up to 2.45 g/t Au over 128m MONTREAL, June 3, 2019 /CNW Telbec/ - SEMAFO (TSX: SMF) today announced results of its ongoing exploration program at Bantou, including 43 holes (7,782 meters) on a new significant gold discovery called Bantou Nord....Read More

SEMAFO: Record Quarterly Production and Cash Flow from Operations

2019-05-07 / @newswire

Development Pipeline Significantly Strengthened with Savary Acquisition MONTREAL, May 7, 2019 /CNW Telbec/ - SEMAFO Inc. (TSX: SMF) (OMX: SMF) is pleased to announce record production of 102,400 ounces of gold and cash flow from operating activities1 of $79 million or $0.24 per share2 for the qu...Read More

SEMAFO Announces Election of Directors

2019-05-10 / @newswire

MONTREAL, May 10, 2019 /CNW Telbec/ - SEMAFO (TSX: SMF) (OMX: SMF) announces that at its Annual General Meeting of Shareholders held on May 9, 2019, all directors nominated in the 2019 management proxy circular were elected. A total of 209,297,330 common shares or 64.24% of our issued an...Read More

SEMAFO: Record Quarterly Production and Cash Flow from Operations

2019-05-07 / @newswire

Development Pipeline Significantly Strengthened with Savary Acquisition MONTREAL, May 7, 2019 /CNW Telbec/ - SEMAFO Inc. (TSX: SMF) (OMX: SMF) is pleased to announce record production of 102,400 ounces of gold and cash flow from operating activities1 of $79 million or $0.24 per share2 for the qu...Read More

SEMAFO Announces Completion of Savary Acquisition

2019-04-30 / @newswire

Update on Bantou 2019 Exploration MONTREAL, April 30, 2019 /CNW Telbec/ - SEMAFO Inc. ("SEMAFO") (TSX: SMF) (OMX: SMF) is pleased to announce completion of the previously announced acquisition (the "Transaction") whereby SEMAFO acquired all of the issued and outstanding shar...Read More

SEMAFO: Early Warning News Release

2019-05-01 / @newswire

MONTREAL, April 30, 2019 /CNW Telbec/ - SEMAFO Inc. (TSX: SMF) (OMX: SMF) ("SEMAFO") reports that it has acquired Savary Gold Corp. ("Savary") by way of a three-cornered amalgamation (the "Transaction"). Under the terms of the Transaction, Savary shareholder...Read More

SEMAFO Provides Notice of First Quarter 2019 Results Release and Conference Call

2019-04-24 / @newswire

MONTREAL, April 24, 2019 /CNW Telbec/ - SEMAFO (TSX: SMF) (OMX: SMF) invites you to participate in a conference call on May 8, 2019 at 10:00 AM EDT with senior management during which they will review the Corporation's first quarter 2019 financial and operational results.  SEMAFO's...Read More

SEMAFO and Savary Announce Definitive Combination Agreement

2019-03-11 / @newswire

Creation of 1,250 km² District-Scale Land Package on Houndé Belt MONTREAL and TORONTO, March 11, 2019 /CNW Telbec/ - SEMAFO Inc. (TSX: SMF) (OMX: SMF) ("SEMAFO") and Savary Gold Corp. (TSX-V: SCA) ("Savary") are pleased to announce that they have entered into a...Read More

SEMAFO Reports Cash Flow from Operations of $110 Million in 2018

2019-03-05 / @newswire

2019 Forecasts Record Production, Cash Flow and Development Activity MONTREAL, March 5, 2019 /CNW Telbec/ - SEMAFO Inc. (TSX: SMF) (OMX: SMF) today reported its financial and operational results for the fourth quarter and year ended December 31, 2018.  All amounts are in US dollars unl...Read More

SEMAFO Reports Contractor Fatalities at Mana

2019-02-22 / @newswire

MONTREAL, Feb. 22, 2019 /CNW Telbec/ - SEMAFO Inc. (TSX: SMF) (OMX: SMF) regrets to announce that two employees of a local contractor were fatally injured at the Mana Mine in Burkina Faso. The accident occurred when the driver of the light vehicle in which they were travelling, lost control of the...Read More

SEMAFO: Nabanga Resource Increased by 42% to 840,000 oz at 7.7 g/t Au

2019-02-20 / @newswire

PEA Study to Be Completed in Q3 2019 MONTREAL, Feb. 20, 2019 /CNW Telbec/ - SEMAFO (TSX: SMF) is pleased to announce an updated inferred resource estimation for its Nabanga deposit, located 125 kilometers south-west of the Boungou Mine in Burkina Faso. Highlights of December 31, 2018...Read More

SEMAFO and Savary Announce Non-Binding Letter of Intent for Acquisition of Savary by SEMAFO

2019-02-11 / @newswire

Creation of 1,250 km² District-Scale Land Package on Houndé Greenstone Belt MONTREAL and TORONTO, Feb. 11, 2019 /CNW/ - SEMAFO Inc. (TSX: SMF) (OMX: SMF) ("SEMAFO") and Savary Gold Corp. (TSXV: SCA) ("Savary") are pleased to announce that they have entered...Read More

SEMAFO and Savary Announce Non-Binding Letter of Intent for Acquisition of Savary by SEMAFO

2019-02-11 / @newswire

Creation of 1,250 km² District-Scale Land Package on Houndé Greenstone Belt MONTREAL and TORONTO, Feb. 11, 2019 /CNW/ - SEMAFO Inc. (TSX: SMF) (OMX: SMF) ("SEMAFO") and Savary Gold Corp. (TSXV: SCA) ("Savary") are pleased to announce that they have entered...Read More

SEMAFO: Maiden Inferred Resource at Bantou of 361,000 oz at 5.35 g/t Au

2019-02-11 / @newswire

Discovery of Bantou Proximal Zone MONTREAL, Feb. 11, 2019 /CNW Telbec/ - SEMAFO (TSX: SMF) today announced a maiden inferred mineral resource for the Bantou Zone of 2,100,000 tonnes at 5.35 g/t Au for 361,000 ounces of gold. The Bantou Zone is located approximately 170 kilometers south of t...Read More

SEMAFO Provides 2019 Outlook; Reports Fourth Quarter and Year-End 2018 Costs

2019-02-08 / @newswire

MONTREAL, Feb. 8, 2019 /CNW Telbec/ - SEMAFO Inc. (TSX: SMF) (OMX: SMF) today provided 2019 production and cost guidance for its Boungou and Mana Mines in Burkina Faso. The Corporation also announced fourth quarter and annual 2018 costs. All amounts are in US dollars unless otherwise stated....Read More

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