Monday, November 09, 2009
SEMAFO reported its third quarter financial and operational results for the three-month period ended September 30, 2009. Gold production for the quarter ended totalled 62,300 ounces, a 13% increase over Q3 2008. For the first nine months of 2009, overall production totalled 184,500 ounces, an increase of 33% over the corresponding period in 2008. Record gold production at Mana for the quarter of 41,600 ounces. Gold sales amounted to $59,361,000 in the third quarter, a 16% increase over Q3 2008. Gold sales rose to $167,502,000 for the first nine months of this year, representing a 38% increase over the corresponding period in 2008.
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