Company Press Releases

SEMAFO: Construction of Boungou Mine 87% Complete

2018-03-22 / @nasdaq

MONTREAL, March 22, 2018 (GLOBE NEWSWIRE) -- SEMAFO Inc. (TSX:SMF) (OMX:SMF) is pleased to announce that construction of the Boungou Mine in Burkina Faso is 87% complete, with first gold scheduled to be poured early in the third quarter of 2018. In a first step towards this milestone, the Corp...Read More

SEMAFO Reports Cash Flow from Operations of $107 Million in 2017

2018-03-06 / @nasdaq

MONTREAL, March 06, 2018 (GLOBE NEWSWIRE) -- SEMAFO Inc. (TSX:OMX) (TSX:SMF) today reported its financial and operational results for the fourth quarter and year ended December 31, 2017.  All amounts are in US dollars unless otherwise stated. 2017 - The Year in Review Gold production o...Read More

SEMAFO: Positive Mana PFS and Reserve Additions at Mana and Boungou

2018-02-16 / @nasdaq

MONTREAL, Quebec, Feb. 15, 2018 (GLOBE NEWSWIRE) --   Figure 1 - Underground mining layout for the Siou mine...Read More

SEMAFO Provides 2018 Outlook

2018-02-16 / @nasdaq

MONTREAL, Feb. 15, 2018 (GLOBE NEWSWIRE) -- SEMAFO Inc. (TSX:SMF) (OMX:SMF) today announced 2018 production and cost guidance for its Mana and Boungou Mines in Burkina Faso. All amounts are in US dollars unless otherwise stated. Highlights Consolidated production of between 235,000 and 265,...Read More

SEMAFO: Early Warning News Release

2018-02-09 / @nasdaq

MONTREAL, Feb. 09, 2018 (GLOBE NEWSWIRE) -- SEMAFO Inc. (TSX:SMF) (OMX:SMF) reports that it has subscribed to 33,333,333 common shares of Savary Gold Corp. (TSXV:SCA) ("Savary") at a price of $0.06 per common share for an aggregate subscription price of approximately $2,000,000 pursu...Read More

SEMAFO: Q4 and Annual 2017 Production and Costs in Line

2018-01-22 / @nasdaq

MONTREAL, Jan. 22, 2018 (GLOBE NEWSWIRE) -- SEMAFO Inc. (TSX:SMF) (OMX:SMF) reports 2017 production of 206,400 ounces at an all-in sustaining cost of $943 per ounce. As a result, the Corporation has beat its revised production and met its cost guidance for the year. Mana In the fourth quart...Read More

SEMAFO: Construction of Boungou Mine 75% Complete

2017-12-20 / @nasdaq

MONTREAL, Dec. 20, 2017 (GLOBE NEWSWIRE) -- SEMAFO Inc. (TSX, OMX: SMF) today announced that construction of the Boungou Mine in Burkina Faso was 75% complete and remains on-budget for commissioning in the third quarter of 2018....Read More

SEMAFO Announces Appointment of VP Corporate Development and Investor Relations

2017-12-05 / @nasdaq

MONTREAL, Dec. 05, 2017 (GLOBE NEWSWIRE) -- SEMAFO Inc. (TSX:SMF) (OMX:SMF) is pleased to announce the appointment of John Jentz, (CA, CPA) as Vice President, Corporate Development and Investor Relations, effective December 4, 2017. Mr. Jentz will report directly to Benoit Desormeaux, the Corp...Read More

SEMAFO Mourns Passing of Board Chairman Jean Lamarre

2017-11-23 / @nasdaq

MONTREAL, Nov. 23, 2017 (GLOBE NEWSWIRE) -- SEMAFO (TSX:SMF) (OMX:SMF) announces with sadness the passing of Mr. Jean Lamarre, Chairman of the Board of Directors of the Corporation, on November 22, 2017 following a short illness. Mr. Lamarre joined the Corporation’s Board of Directors i...Read More

SEMAFO: Cash Flow from Operations of $34.9 Million in Third Quarter 2017

2017-11-08 / @nasdaq

MONTREAL, Nov.08, 2017(GLOBE NEWSWIRE) -- SEMAFO Inc. (TSX:SMF)(OMX:SMF) today reported its financial and operational results for the three-month period ended September 30, 2017.All amounts are in US dollars unless otherwise stated. Third Quarter 2017 - in ReviewZone 9 back on track with good...Read More

SEMAFO Provides Notice of Third Quarter 2017 Results Release and Conference Call

2017-10-31 / @marketwired

MONTREAL, QUEBEC--(Marketwired - Oct. 31, 2017) - SEMAFO (TSX:SMF)(OMX:SMF) invites you to participate in a conference call on November 8, 2017 at 10:00 AM EST with senior management during which they will review the Corporation's third quarter 2017 financial and operational...Read More

SEMAFO: Good Reconciliation to Reserves Continues at Zone 9

2017-09-18 / @marketwired

Boungou Construction Progressing to Plan MONTREAL, QUEBEC--(Marketwired - Sept. 18, 2017) - Note to editors: There are photos associated with this press release. SEMAFO Inc. (TSX:SMF)(OMX:SMF) today announced that ore mined from Zone 9 in the third quarter continues to provid...Read More

SEMAFO Delivers Cash Flow from Operations of $23.6 Million in Second Quarter 2017

2017-08-09 / @marketwired

Results from Zone 9 Grade Control Program in Line with 2016 Reserves MONTREAL, QUEBEC--(Marketwired - Aug. 9, 2017) - SEMAFO Inc. (TSX:SMF)(OMX:SMF) today reported its financial and operational results for the three-month period ended June 30, 2017. All amounts are in US dollar...Read More

SEMAFO: Construction of Boungou Mine on Schedule

2017-07-17 / @marketwired

Infill Drilling Results at Boungou In-Line with Resource Model MONTREAL, QUEBEC--(Marketwired - July 17, 2017) - SEMAFO Inc. (TSX:SMF)(OMX:SMF) today announced that construction of the Boungou Mine in Burkina Faso was progressing well and is on-budget for commissioning of the open...Read More

SEMAFO Announces Q2 2017 Production

2017-07-06 / @marketwired

MONTREAL, QUEBEC--(Marketwired - July 6, 2017) - SEMAFO Inc. (TSX:SMF)(OMX:SMF) today announced that gold production for the three-month period ended June 30, 2017 totalled 47,600 ounces of gold. The Mana Mine processed 675,500 tonnes at an average grade of 2.31 g/t Au in the qua...Read More

SEMAFO Provides Notice of First Quarter 2017 Results Release and Conference Call

2017-04-26 / @marketwired

MONTREAL, QUEBEC--(Marketwired - April 26, 2017) - SEMAFO (TSX:SMF)(OMX:SMF) invites you to participate in a conference call on May 3, 2017 at 10:00 AM EDT with senior management during which they will review the Corporation's first quarter 2017 financial and operational...Read More

SEMAFO Delivers Cash Flow from Operations of $23.1 Million in First Quarter 2017

2017-05-03 / @marketwired

MONTREAL, QUEBEC--(Marketwired - May 3, 2017) - SEMAFO Inc. (TSX:SMF)(OMX:SMF) today reported its financial and operational results for the three-month period ended March 31, 2017. All amounts are in US dollars unless otherwise stated. First Quarter 2017 - in Review Gold...Read More

SEMAFO Announces Re-Election of Directors

2017-05-05 / @marketwired

MONTREAL, QUEBEC--(Marketwired - May 5, 2017) - SEMAFO (TSX:SMF)(OMX:SMF) announces that at its Annual General Meeting of Shareholders held on May 4, 2017, all directors nominated in the 2017 management proxy circular were re-elected. A total of 238,039,880 common shares or 7...Read More

SEMAFO Announces Re-Election of Directors

2017-05-05 / @marketwired

MONTREAL, QUEBEC--(Marketwired - May 5, 2017) - SEMAFO (TSX:SMF)(OMX:SMF) announces that at its Annual General Meeting of Shareholders held on May 4, 2017, all directors nominated in the 2017 management proxy circular were re-elected. A total of 238,039,880 common shares or 73.27% of our iss...Read More

SEMAFO Draws on Incremental $60 Million Credit Facility and Receives Mining Convention for the Boungou Mine

2017-06-20 / @marketwired

All amounts are in US dollars unless otherwise stated MONTREAL, QUEBEC--(Marketwired - June 20, 2017) - SEMAFO Inc. (TSX:SMF)(OMX:SMF) announces that it has drawn down the incremental $60 million of the credit facility with Macquarie Bank Limited for a total drawdown of $120 milli...Read More

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