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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.
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 $34.
Lower cost forecast for West African operations
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