SEMAFO Mining News

SEMAFO and Savary Gold join forces to expand in Burkina Faso

The deal will allow the Canadian miners to consolidate their Karankasso and Mana properties.

SEMAFO tables maiden resource at Bantou gold zone

SEMAFO expects to produce between 390,000 oz. gold and 430,000 oz. gold in 2019.

Burkina gold miners shaken by Islamic terror

This week, the country’s parliament voted to extend a state of emergency that has been in place since Dec. 31, by six months – following a string of terrorist incidents in several northern provinces, included the recent murder of Canadian geologist, Kirk Woodman.

SEMAFO updates on security in Burkina Faso

Canadian-based mining company, SEMAFO Inc. announced an update on its security measures in Burkina Faso.

Armed bandits kill SEMAFO mine workers

Company has increased security.

SEMAFO pours first gold at Boungou mine

SEMAFO Inc is pleased to report that it has completed its first gold pour at the Boungou Mine in Burkina Faso, slightly ahead of the original schedule. The first pour yielded approximately 325 ounces of gold.

Semafo adding ounces in Burkina Faso

Montreal-based producer expects to produce more than 400,000 ounces by 2019.

Semafo costs approaching $600 all in

Shares in Montreal-based producer jump after strong operational results at its Burkina Faso gold mine, progress on feasibility for flagship project.

Semafo outlines 1.1m oz gold at Burkina buy

Montreal company's shares are up 26% in 3 weeks following acquisition of Natougou gold deposit in Burkina Faso after $147m takeover of Orbis Gold.

Investors applaud Semafo takeover deal

Montreal-based producer picks up flagship project in Burkina Faso after sealing $139 million takeover of Australia's Orbis.

Smaller is better when it comes to gold miners

If you are interested in exposing yourself to gold, look to add these three stocks to your portfolio.

Semafo up 5% after adding 770koz at Burkina Faso gold mine

Total gold reserves at the Mana mine is up 28% to 2.4 million ounces.

Semafo joins 1.5 million oz club; Q1 profits up 54%

Montreal-based Semafo (TSX:SMF) had a good first quarter, producing and selling more gold than in the same time frame last year.

Is Semafo the next gold takeout target?

Globe and Mail columnist Darcy Keith says the stock is undervalued and the company is showing robust resource estimates coming out of its Mana and Samira Hill projects in west Africa.

Semafo Facing an African Gold Take-Away?

Perhaps one of the many problems facing mining companies in developing nations is that the locals – or at least some local politicians – often have little idea of the economics of bringing a mine […]