Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

gold production decreases

|Includes:SEMAFO Inc. (SEMFF)

 Semafo reported gold production decrease of 9% y/y to 60,000 oz in Q1 results.  For a resource comparison of Semafo and other African gold mining stocks go to - We estimate Semafo cash costs per oz at $620 while some of the other African miners such as Banro Corporation (TSX:BAA)(AMEX:BAA) are estimated at under $400 and going into production in Q4 '11

Stocks: SEMFF