Endeavour to boost gold output, targeting 250 000 oz in 2013

ASX- and TSX-listed Endeavour Mining would increase its output to between 170 000 oz and 190 000 oz in 2012 from its Ghana and Burkina Faso gold mines, CEO Neil Woodyer said on Wednesday. With the addition of the Agbaou gold mine, in Côte...

Company Announcement: Endeavour Mining Reports 2011 Financial Results And Demonstrates Significant Growth

Endeavour Mining Corporation today announced its financial and operational results for the fourth quarter and year ended December 31, 2011.

Resolute buys out partner in Mali gold JV

Gold miner Resolute Mining has taken full ownership of the Finkolo joint venture (JV), in Mali, after buying out Endeavour Mining’s 40% stake in the project for $20-million in cash. The JV covers an area within the Finkolo and N’Gokoli...

Endeavour buys second silver-gold mine in Chile

Endeavour Silver said on Wednesday that it has acquired a second Chilean silver-gold project, as the Canadian miner looks to build up its footprint outside of Mexico. Endeavour has optioned the Lomas Bayas silver-gold project, located some 800...

'Merger of equals' for Adamus and Endeavour

Gold juniors Endeavour Mining and Adamus Resources have entered into a definitive merger implementation agreement to create a West Africa-focused gold miner, with an production target of 172 000 oz for 2011. The merger between TSX-listed...

Endeavour Silver almost doubled revenue for Q1

Endeavour Silver increased first quarter revenue by 95%, to $35,4-million, helped by higher metals prices and production, the company reported on Monday. Vancouver-based Endeavour produces silver and gold from the Guanacevi and Guanajuato mines,...

Endeavour Mining looks in Africa, Latin America for producing mines

TSX-listed Endeavour Mining, which owns the Youga gold mine in Burkina Faso, is “actively pursuing” acquisitions, CEO Neil Woodyer said on Monday. “We're now looking at a very active, dynamic market and we are pursuing a number of...

Cream says sweetened offer from Endeavour is 'fair'

Vancouver-based Cream Minerals has concluded that an amended takeover offer from Endeavour Silver is fair from a financial point of view, and has recommended acceptance by "shareholders who wish to realise upon their investment in shares at this...

Endeavour sells Crew Gold shares for a tidy profit

Endeavour Financial has agreed to sell its 43% holding in Crew Gold to majority shareholder Severstal Gold for $215-million in cash, the company announced on Monday. Endeavour, which recently bought all the shares it did not own of Etruscan...

Storm brews over Crew Gold

Russian steelmaker Severstal and Endeavour Financial, the merchant bank chaired by Canadian mining mogul Frank Giustra, traded public barbs on Tuesday, each accusing the other of trying to take control of London-based Crew Gold. Both companies...

Endeavour Financial takes 37,9% stake in Crew Gold

Merchant bank Endeavour' Financial has bought shares representing 37,88% in London-based Crew Gold, the companies announced on Thursday. Crew's main asset is its LEFA gold project, in Guinea and the deal represents the second investment in an...

Endeavour Silver not aware of reason for share gain

Precious-metals miner Endeavour silver does not know of any material reason for a sharp gain and high levels of trading in its stock on Friday, the firm said in a statement, issued at the request of the Investment Industry Regulatory Organization...