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BRIEF-Semafo sees 2017 gold production at Mana of 215,000 - 235,000 ounces

Published 2017-02-01, 07:14 a/m
© Reuters.  BRIEF-Semafo sees 2017 gold production at Mana of 215,000 - 235,000 ounces
SMF
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Feb 1 (Reuters) - Semafo Inc SMF.TO

* Semafo: 2016 production and cost guidance achieved

* Semafo -full-year 2016 production results of 240,200 ounces at a total cash cost of $548 and all-in sustaining cost of $720 per ounce at its Mana mine

* Semafo Inc says in Q4, Mana produced 55,100 ounces of gold at a total cash cost of $571 per ounce and all-in sustaining cost of $694 per ounce

* Semafo Inc says general and administrative expense for 2017 has been forecast at $14 million

* Semafo Inc says initial exploration expenditure for 2017 has been set at $23 million

* Semafo Inc sees 2017 gold production at Mana of 215,000 - 235,000 ounces Source text for Eikon: ID:nCCN8n5MD0 Further company coverage: SMF.TO

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