SEMAFO (TSE:SMF) is a gold mining and exploration company which operates three gold mines in West Africa: the Mana Mine in Burkina Faso, the Samira Hill Mine in Niger and the Kiniero Mine in Guinea. The company’s organic growth approach and extensive exploration during this first part of 2010 could yield strong returns for shareholders.
Canadian gold miner Semafo Inc has boosted its stake in a gold mine in Niger to 80 percent after it acquired Etruscan Resources Inc’s minority interest for $3 million. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News There is some serious flirting going on. Gold futures which have been on a see-saw ride in recent months, unsure whether to make the leap over the $1,000 an ounce hurdle or stay put a while, is flirting like crazy – with the $1,000 figure, that is. [...]
By Dave Brown – Exclusive to Gold Investing News The U.S. Federal Reserve said it will circumvent troubled banks in order to lend directly to American corporations for the first time since the Great Depression, in addition to implying further rate cuts; combining for a blend of both traditional and more innovative approach [...]
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