– Receipt of Authorization to Begin Development at Siou for Anticipated Production in Second Quarter of 2014 – Net Income from Continuing Operations Attributable to Equity Shareholders of $1.7 million – Cash Flow from Operating Activities of $15.6 Million
MONTREAL, QUEBEC — (Marketwired) — 11/05/13 — SEMAFO Inc. (TSX: SMF)(OMX: SMF) today announced that the Corporation-s 2013 third quarter results will be released on Wednesday, November 13, 2013 prior to TSX market open. The financial statements will be available on the Corporation-s website at or at .SEMAFO-s senior management will host a conference call to discuss the third quarter financial and operational results, as well as to provide an update on the Corporation-s activities.The confe
MONTREAL, QUEBEC — (Marketwired) — 10/01/13 — SEMAFO Inc. (TSX: SMF)(OMX: SMF) today announced that the Corporation-s heads of agreement with Middle Island Resources Limited (ASX: MDI) for the sale of a 100% interest in African GeoMin Mining Development Corporation Limited ("AGMDC") has expired. AGMDC, a wholly-owned indirect subsidiary of SEMAFO Inc., holds an 80% interest in Societe des Mines du Liptako (SML) S.A. ("SML"), owner of the Samira Hill gold mine in Niger. T
Mana Mine Plan Indicates Increase in Production, Lower Total Cash Cost SEMAFO to Host Conference Call Today at 11:00 (EDT)
MONTREAL, QUEBEC — (Marketwired) — 08/26/13 — SEMAFO Inc. (TSX: SMF)(OMX: SMF) today announced that operations have been suspended at its Samira Hill mine in Niger. The Corporation-s decision to suspend operations was disclosed in May 2013, noting that the mine would be placed in care and maintenance prior to year end.The Nigerien authorities have been advised and procedures initiated with employees and the labor union regarding termination. Employees will remain on site at Samira Hill for
Cash Flow from Operating Activities Totals $24.3 Million