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...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.