11:56 AM EST - SEMAFO : reported its financial and operating results for the three-month period ended March 31, 2012. All amounts are in U.S. dollars unless otherwise stated. Highlights included gold production of 60,900 ounces, an increase of 2% compared to the same period in 2011. Gold sales were $100.4 million, a 27% increase compared to the same period in 2011. Operating income of $38.2 million, an increase of 50% compared to the same period in 2011. Net income of $31.5 million, an increase of 54% compared to the same period in 2011. SEMAFO
shares T.SMF are trading down $0.15 at $4.21.
