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Semafo Inc. T.SMF

Semafo Inc is a Canadian mining company with gold production and exploration activities in Burkina Faso. The company's main operations are in Boungou, Burkina Faso, and Mana, Burkina Faso. Boungou is a relatively new production site that is located in southeastern Burkina Faso. The Mana project, which has been in operation longer, includes the Siou deposit, which is about 20 kilometers from the Mana Mine in Burkina Faso. Semafo has developed exploration strategies for future deposits in West Afr


TSX:SMF - Post by User

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Post by vssmnnon Sep 26, 2011 2:36pm
229 Views
Post# 19084995

Guinea equipment attacked

Guinea equipment attackedSemafo's (SMF:TO) Guinea equipment attacked Semafo says Guinea mine equipment destroyed in attack Wed Sep 21, 2011 2:57pm GMT CONAKRY, Sept 21 (Reuters) - Canada-based miner Semafo said attackers damaged equipment on Wednesday at its Kiniero gold mine in Guinea, the latest incident in violent protests by locals over jobs that have already prompted it to halt operations there. Haphy Fofana, the official in charge of Semafo's community relations, said by telephone that pumps and cables used in the cyanide process for gold extraction had been targeted in the attack. Quebec-based Semafo produces some 20,000 ounces of gold from the Kiniero mine each year. Semafo also operates gold mines in Burkina Faso and Niger. Guinea accounts for only a small portion of Semafo's annual gold output, which topped 260,000 ounces in 2010. https://www.reuters.com/article/2011/09/21/guinea-semafo-idUSL5E7KL5XR20110921
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