TSX 4.39 -0.01 -0.23% Volume: 188,655 March 23, 2017
GOLD 1,248.56 -1.54 -0.12% Volume: All prices are delayed at least 20 minutes. March 23, 2017
March 8, 2017 - SEMAFO Reports Cash Flow from Operations of $142.2 Million in 2016
Net Income Attributable to Equity Shareholders of $34.2 Million SEMAFO Inc. (TSX:SMF)(OMX:SMF) today reported its financial and operational results for the fourth quarter and year ended December 31, 2016 . All amounts are in US dollars unless otherwise stated. 2016 - The Year in Review Achieved production and cost guidance for a ninth consecutive year
- Gold production of 240,200 ounces, a 6% decrease compared to 2015
- Total cash cost 1 of $548 per ounce sold and all-in-sustaining cost 1 of $720 per ounce sold, which represent year-over-year increases of 11% and 12%, respectively Gold sales of $300.5 million compared to $300.1 million in 2015 Adjusted operating income 1 of $71.0 million compared to $66.0 million in 2015 Adjusted net income attributable to equity shareholders 1 of $48.1 million or $0.15 per share 1 compared to $40.9 million or 0.14 per share 1 for the same period in 2015 Cash flows from operating activities 2 of $142.2 million or $0.45 per share 1 compared...
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February 28, 2017 - Changed Number of Shares and Votes in SEMAFO
Montreal, Quebec, February 28, 2017 – SEMAFO (TSX, OMX: SMF) reports the following, in accordance with the Swedish Financial Instruments Trading Act:   As a result of the exercise of stock options, the number of issued and outstanding shares of SEMAFO has increased to 324,861,200 common shares with voting rights as at February 28, 2017.   The information in this release is subject to the disclosure requirements of SEMAFO under the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. This information was publicly communicated on February 28, 2017 at 7:00 a.m., Eastern Standard Time.     About SEMAFO SEMAFO is a Canadian-based mining company with gold production and exploration activities in West Africa.  The Corporation operates the Mana Mine in Burkina Faso, which includes the high-grade satellite deposits of Siou and Fofina, and is advancing construction of the Natougou Project. SEMAFO’s strategic focus is to maximize...
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February 27, 2017 - SEMAFO Reports 2016 Reserves and Resources
Estimates Natougou Inferred Resources Increase to 754,000 Ounces MONTREAL, QUEBEC  - (Marketwired) -  02/27/17  -  SEMAFO Inc.  (TSX:SMF)(OMX:SMF) today announced its updated mineral reserves and resources as of  December 31, 2016 . Reserves & Resources - Overview Total proven and probable mineral reserves stand at 3.0 million ounces 

Measured and indicated mineral resources remain constant at 3.0 million ounces 

Inferred resources increased by 22% to 2.6 million ounces 

Natougou inferred resources increased by 119% to 754,000 ounces

At the end of 2016, total proven and probable reserves stood at 28.2 million tonnes averaging 3.31 g/t Au for 3.0 million ounces as compared to 30.5 million tonnes at 3.32 g/t Au for 3.3 million ounces at the end of 2015. The slight decrease in reserves is due to depletion as  SEMAFO  produced 240,200 ounces of gold in 2016. Inferred...
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Welcome to SEMAFO

SEMAFO is a Canadian-based mining company with gold production and exploration activities in West Africa. The Corporation operates the Mana Mine in Burkina Faso, which includes the high-grade satellite Siou and Fofina deposits, and is advancing construction of the Natougou Project. SEMAFO's strategic focus is to maximize shareholder value by effectively managing its existing assets as well as pursuing organic and strategic growth opportunities.

 
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SEMAFO's 2016 Sustainable Development Report The year 2016 saw the preparation of SEMAFO's seventh sustainable development report, which details our performance, achievements and objectives in terms of our corporate responsibility to our stakeholders. Download Report 1.93 MB
SEMAFO Foundation SEMAFO is a proud supporter of SEMAFO FOUNDATION, which is a non-profit organization focused on supporting communities in Burkina Faso and improving their quality of life. Learn More
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Investor Presentation Investor Presentation Download PDF 1.91 MB
Report 2016 Annual Report Download PDF 5.11 MB
Conference Call 2016 Fourth Quarter & Year-end Results, March 8, 2017, 10:00 AM (EST)
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