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SEMAFO aims higher in 2018

West African miner SEMAFO (CN:SMF) is aiming higher after announcing lower financial results for 2017 than the previous year but it managed to beat its revised production and meet its revised cost guidance.

SEMAFO aims higher in 2018 SEMAFO aims higher in 2018 SEMAFO aims higher in 2018 SEMAFO aims higher in 2018 SEMAFO aims higher in 2018

Lower cash flow and production in 2017

The company announced cash flow from operations in 2017 of US$107 million, compared with $142.2 million the previous year.

Net income attributable to equity shareholders was down from $3...

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