PRECIOUS METALS

SEMAFO slashes Mana outlook after pit wall failure

SEMAFO (TSX: SMF) has slashed 2019 production guidance for its Mana mine in Burkina Faso and plans to suspend the mill for 10 weeks after a pit wall failure.

Staff reporter
 The Wona-Kona pit at SEMAFO’s Mana mine in Burkina Faso

The Wona-Kona pit at SEMAFO’s Mana mine in Burkina Faso

The miner had earlier forecast a 68% increase on 2018 production at its two mines in the African country but has now cut its outlook by 40,000-50,000 ounces at Mana. SEMAFO said no one was injured and...

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