SEMAFO Provides 2020 Outlook, Boungou Restart Plan
Fourth Quarter and Year-end 2019 ResultsMONTREAL, QC, February 6, 2020 /CNW/ – SEMAFO Inc. (TSX, OMX: SMF) today provided 2020 outlook for its Boungou and Mana Mines in Burkina Faso. The Corporation also announced fourth quarter and annual 2019 results. All amounts are in US dollars unless otherwise stated. Overview · Boungou processing plant has restarted, with initial three-month production of between 42,000 and 46,000 ounces expected from stockpiles at an all-in sustaining cost(1)(“AISC”) of between $530 and $560 per ounce · Boungou long-term plan is in progress ·