SEMAFO: Cash Flow from Operating Activities before Changes in non-Cash Working Capital of $247 Million
Montreal, Quebec, March 3, 2020 /CNW/ – SEMAFO Inc. (TSX, OMX: SMF) is pleased to announce results of operations, development and exploration activities for the year-ended December 31, 2019. All amounts are in US dollars unless otherwise stated. 2019 - THE YEAR IN REVIEW · Production increased by 39% to 340,900 ounces at an all-in sustaining cost (AISC) of $724 per ounce [1], representing a 24% decrease · Cash flow from operating activities before changes in non-cash working capital increased to $247 million or $0.75 per share [1] · First production from Siou underground ·