Cash Flow from Operating Activities Totals $38.8 Million Declares Dividend of C$0.02 per share
MONTREAL, QUEBEC — (Marketwired) — 05/07/13 — SEMAFO Inc. (TSX: SMF)(OMX: SMF) today announced that the Corporation-s 2013 first quarter results will be released on Monday, May 13, 2013. 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 first quarter financial and operational results, as well as to provide an update on the Corporation-s activities.The conference call will be archived for r
On track to Issue Mineral Reserve Estimate in Q3 2013
MONTREAL — (Marketwire) — 03/21/13 — SEMAFO (TSX: SMF)(OMX: SMF) today reported its financial and operational results for the fourth quarter and year ended December 31, 2012. All amounts are in US dollars unless otherwise stated.2012 – The Year in ReviewFourth Quarter Review(1) Cash flow from operating activities excludes changes in non-cash working capital items.A Word from the CEOFor SEMAFO, 2012 was a year of transition on many levels. Although disappointing in terms of shareholder value
MONTREAL, QUEBEC — (Marketwire) — 03/21/13 — SEMAFO (TSX: SMF)(OMX: SMF) today reported its financial and operational results for the fourth quarter and year ended December 31, 2012. All amounts are in US dollars unless otherwise stated.2012 – The Year in ReviewFourth Quarter Review(1) Cash flow from operating activities excludes changes in non-cash working capital items.A Word from the CEOFor SEMAFO, 2012 was a year of transition on many levels. Although disappointing in terms of sharehold
Including Values Up to 10.4 g/t Au Over 7.3 Meters
MONTREAL, QUEBEC — (Marketwire) — 03/12/13 — SEMAFO Inc. (TSX: SMF)(OMX: SMF) announced today that the Corporation will include a non-cash impairment charge of approximately $60 million in the fourth quarter of 2012. The impairment charge is related to the Samira Hill mine in Niger and was prompted by the re-assessment of future cash flows to be generated by the mine following the review of technical and economical parameters. The revision takes into consideration increases in sustaining ca
