Wednesday, March 14, 2018

Semafo Inc. - SMF.t

Semafo Inc. - SMF.t owns and operates the flagship Mana Mine in Burkina Faso, which includes the high-grade satellite Siou and Fofina deposits, and is developing the advanced gold deposit of Natougou. Semafo produced 206,400 ounces of gold at AISC of $942 in 2017.

On March 6, 2018 the company released Numbers

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.
  • Gold production of 206,400 ounces compared to 2016 production of 240,200 ounces
  • Total cash cost1 of $655 per ounce sold and all-in-sustaining cost1 of $942 per ounce sold
  • Gold sales of $259.0 million compared to $300.5 million in 2016
  • Net income attributable to equity shareholders of $20.0 million compared to $34.2 million in 2016
  • Cash flows from operating activities2 of $107.0 million compared to $142.2 million for the same period in 2016
  • Drawdown of incremental $60.0 million from Credit Facility with Macquarie Bank Limited in June 2017









http://canadastockjournal.blogspot.com/2016/10/semafo-inc-smft.html