R/€ = 15.60 Change: 0.00
R/$ = 13.69 Change: 0.00
Au 1292.43 $/oz Change: 2.14
Pt 805.58 $/oz Change: 3.43


Endeavour increases Ity mine ownership to 85%

By: Simone Liedtke     11th January 2019 TSX-listed Endeavour Mining has increased its ownership stake in the Ity mine, in Côte d'Ivoire, from 80% to 85%. In exchange for the additional 5% interest in the Ity mine, Endeavour granted DYD International more than one-million common shares amounting to a total consideration of about... 

Endeavour sells Mali mine for $60m

By: Mariaan Webb     4th September 2018 TSX-listed Endeavour Mining has agreed to sell another mine to BCM Investments, this time the Tabakoto mine, in Mali. Endeavour on Tuesday announced a binding agreement to sell Tabakoto to Algom Resources – a subsidiary of BCM – for $60-million. Last year, the company sold the Nzema mine, in... 

Endeavour on track to meet full-year production, cost guidance

By: Simone Liedtke     1st August 2018 TSX-listed Endeavour Mining produced 147 000 oz of gold in the second quarter, taking output for the first half of the year to 299 000 oz. The gold miner on Wednesday reported that it is on track to meet its full-year guidance of between 555 000 oz and 590 000 oz. 

Endeavour FY17 earnings fall 33% y/y

By: Marleny Arnoldi     13th March 2018 Gold miner Endeavour Mining’s adjusted net earnings decreased by 33% year-on-year to $66-million for the year ended December 31, from $99-million in the prior year. 

Maverix achieves Q4 production record

By: Henry Lazenby     8th February 2018 Mining royalties investment vehicle Maverix Metals has hit a new fourth-quarter production record, reporting 4 000 oz of attributable gold-equivalent output, which reflects a 40% year-on-year improvement. Total attributable output for fiscal 2017, the company's first full year of operations, is... 

Exploration activity boosted, focus remains on Ity project

By: Nadine James     26th January 2018 Gold miner Endeavour Mining is focused on developing projects in the underexplored Birimian belt in West Africa through an aggressive exploration strategy to find between ten-million and 15-million ounces over the next five years. “This would involve our finding twice as many gold ounces than we... 

Endeavour Mining upbeat about 2018 prospects

By: Megan van Wyngaardt     24th January 2018 TSX-listed gold producer Endeavour Mining has achieved full-year guidance across its operations, on the back of a strong fourth quarter. During the three months to December, group production increased by 38% over the previous quarter to 204 000 oz, while all-in sustaining costs (AISC) declined by... 

Acacia completes sale of royalty over Burkina Faso mine

By: Megan van Wyngaardt     17th January 2018 Embattled gold miner Acacia Mining has completed the sale of an existing 2% net smelter royalty over the Houndé mine, in Burkina Faso, for $45-million. The LSE-listed company in December said it was selling the royalty to Canadian miner Sandstorm Gold after its three producing gold mines in... 

Maverix picks up royalty on Endeavour’s Karma mine

By: Henry Lazenby     24th November 2017 Royalty vehicle Maverix Metals will acquire an existing 2% net smelter return (NSR) royalty from a third-party seller, on Endeavour Mining’s 90% interest in the Karma gold mine, in Burkina Faso, for $20-million in cash. The mine and surrounding tenements were acquired by Endeavour from True Gold... 

Endeavour expands mineralised zones at key Burkina Faso mines

By: Henry Lazenby     14th November 2017 West Africa-focused gold producer Endeavour Mining has expanded the mineralised trends at both its Houndé and Karma gold mines, in Burkina Faso, the company announced on Monday. At its flagship Houndé operation, which declared commercial production ahead of schedule and below budget on November... 

Bold steps taken to ensure growth in West Africa

By: Robyn Wilkinson     10th November 2017 With the development of a strong project pipeline and exploration prioritised in the underexplored Birimian belt, in West Africa, gold miner Endeavour Mining is on a clear path to achieving its 2019 goal of becoming a premier African gold producer, says Endeavour Mining CEO Sebastien de Montessus. 

Endeavour, Randgold form JV to explore adjacent assets in Côte d'Ivoire

By: Natasha Odendaal     2nd November 2017 TSX-listed Endeavour Mining and LSE-listed Randgold Resources have teamed up to explore their adjacent Sissedougou and Mankono exploration properties, in Côte d'Ivoire. Randgold and Endeavour will hold a respective 70% and 30% interest in a newly formed joint venture (JV) that combines the two... 

Kibali Africa’s most mechanised gold mine – Randgold

By: Martin Creamer     2nd November 2017 If you want to make money in mining, you must be efficient and a company taking efficiency to new heights in Africa is Randgold Resources. While there is a perception in some developed world minds that in Africa mineworkers arrive at the gate, pick up a spade and go out there and shovel stuff,... 

Endeavour runs first ore through new Houndé mill

By: Henry Lazenby     26th September 2017 TSX-listed gold miner Endeavour Mining has started wet commissioning of the new Houndé gold project, in Burkina Faso, with the first ore making its way through the milling circuit, the company advised on Monday. The London, UK-based miner said construction of the $281-million project is... 

Endeavour board OKs Ity CIL expansion in Cote d'Ivoire

By: Henry Lazenby     20th September 2017 West African gold producer Endeavour Mining has given the $412-million Ity carbon-in-leach (CIL) project, in Cote d'Ivoire, the go-ahead, adding about 235 000 oz/y over the first five years to Endeavour’s current production profile of between 600 000 oz and 640 000 oz this year, at lower costs.... 

Endeavour sells Ghana gold mine for $65m

By: Esmarie Iannucci     10th August 2017 West Africa-focused miner Endeavour Mining will sell its 90% stake in the Nzema gold mine, in Ghana, to private contract miner BCM International for $65-million. CEO Sebastien de Montessus said on Wednesday that the sale enabled Endeavour to sharpen its focus on its long-life low-cost operations,... 

Endeavour Mining appoints new COO

By: Megan van Wyngaardt     6th July 2017 TSX-listed gold miner Endeavour Mining has appointed Jeremy Langford COO, effective July 17. Currently Endeavour projects and technical services group VP, Langford will succeed Attie Roux, who is retiring after seven years with the company. 

Agbaou mine, Côte d'Ivoire

By: Thabi Madiba     30th June 2017 A gold mine located about 200 km north of Abidjan, in Côte d'Ivoire. 

Endeavour to acquire Avnel to further strengthen high-quality project pipeline

By: Mia Breytenbach     29th June 2017 Canadian gold producer Endeavour Mining will acquire gold mining, exploration and development company Avnel Gold, which owns the Kalana gold project in Mali, in an all-share transaction valued at about $122-million. The transaction, which is expected to close in September, has been unanimously... 

Tabakoto mine, Mali

By: Thabi Madiba     16th June 2017 A gold mine located about 360 km west of Bamako, in south-western Mali, near the Senegal border. 

Leagold focused on delivering catalysts as it looks to expand Los Filos platform

By: Henry Lazenby     3rd June 2017 The focus has turned to delivering on the impending catalysts for newly minted midtier gold producer Leagold Mining, as it assimilates the freshly acquired Mexico-based Los Filos mine and works to enhance and expand the flagship operation. “Los Filos is an ideal cornerstone mine with which to... 

Mining Maverick lured out of hiatus by billion-dollar gold dream

By: Bloomberg     18th May 2017 Frank Giustra likes to see big where others think small. The Canadian mining magnate’s latest target is a subterranean patch of red earth in southwestern Mexico. In January his new undertaking, Leagold Mining, bought the Los Filos mine from Goldcorp for $350-million. It wasn’t the openpits... 

Côte d'Ivoire agrees price for Endeavour to increase Ity stake

By: Anine Kilian     11th May 2017 TSX-listed Endeavour Mining has reached a price agreement with the government of Côte d'Ivoire to increase its stake in the Ity mine to 80%. Government approved the previously announced in-principal agreement for State-owned mining company Sodemi to sell a 25% shareholding in the Ity mine to... 

Endeavour reports higher headline earnings as Q1 output rises

By: Henry Lazenby     9th May 2017 Intermediate Canadian gold producer Endeavour Mining has reported an adjusted loss for the three months ended March 31, as higher year-on-year output benefited from relatively strong realised prices and low, yet slightly higher, all-in sustaining costs (AISC). The London, England-headquartered... 

Endeavour to bank $47.5m as La Mancha exercises anti-dilution rights

By: Henry Lazenby     18th April 2017 Canadian gold producer Endeavour Mining has received a $47.5-million cash injection after its largest shareholder, Egyptian billionaire Naguib Sawiris's La Mancha Holding exercised its anti-dilution right to re-increase its stake from its current 28.1% interest to its initial 29.9% ownership... 

Leagold closes $350m acquisition of Los Filos mine, Mexico

By: Henry Lazenby     8th April 2017 Canadian project developer Leagold Mining has completed the acquisition of the Los Filos gold mine, in Mexico, for $350-million from compatriot major miner Goldcorp. "Today marks a strong beginning for Leagold with the Los Filos mine becoming our platform for growth. We have transformed into a... 

Côte d'Ivoire govt agrees to sell 25% Ity stake to owner-operator Endeavour

By: Henry Lazenby     23rd March 2017 Côte d'Ivoire State-owned mining company Sodemi has agreed to sell its 25% stake in the Ity gold mine back to Canadian gold miner Endeavour Mining. President Alassane Ouattara approved the State miner’s sale of ownership in the mine in a Cabinet meeting on Wednesday morning. Following the... 

Endeavour, Acacia end merger talks

By: Henry Lazenby     22nd March 2017 Canadian gold miner Endeavour Mining has halted discussions with London-listed Acacia Mining regarding a potential merger. Endeavour, which operates a portfolio of gold mines in West Africa, has held talks with Acacia – which is majority owned by Canada's Barrick Gold – since mid-January. 

Endeavour expects production to rise, costs to fall in 2017

By: Megan van Wyngaardt     23rd January 2017 West-African gold miner Endeavour Mining produced a record 583 712 oz of gold in 2016, at a low all-in sustaining cost (AISC) of around $895/oz, achieving both its ambitious production guidance of 575 000 oz to 610 000 oz and its AISC guidance of $870/oz to $920/oz for the year. This was... 

Endeavour sells noncore Youga mine for $25.3m, replaces mined reserves

By: Henry Lazenby     29th February 2016 Africa-focused gold producer Endeavour Mining has sold its noncore Youga mine, located about 180 km southeast of Ouagadougou, the capital city of Burkina Faso, for $25.3-million to Turkish explorer and development firm MNG Gold. The total cash price comprised $20-million for the asset and... 

Tumbling gold price could force Endeavour to rethink Houndé build

By: Henry Lazenby     19th November 2015 Against the backdrop of gold tumbling to a near six-year low of $1 064/oz this week, West Africa-focused gold producer Endeavour Gold might be forced back to the drawing board to rethink how it will turn a profit from the new-build Houndé project, in Burkina Faso, should the lower-price... 

Endeavour reports record Q2 production

By: Creamer Media Reporter      10th July 2015 TSX- and ASX-listed Endeavour Mining produced a record 131 165 oz of gold in the second quarter, lifting output for the six months to June 30 to 254 909 oz. “With great performance from our mines so far this year, we expect to achieve the upper end of our 475 000 oz to 500 000 oz production... 

West Africa-focused Endeavour reports record Q2 output

By: Henry Lazenby     8th July 2015 TSX- and ASX-listed Endeavour Mining, which produces gold from four mines in West Africa, on Thursday reported record output for the three months ended June. Vancouver-based Endeavour reported second-quarter output of 131 166 oz of gold, a 6% improvement quarter-over-quarter. 

West African appoints Mark Connelly as chairperson

By: Creamer Media Reporter      23rd June 2015 Mark Connelly, the former MD and CEO of Mali-based Papillon Resources, which recently merged with Vancouver-based B2Gold Corp, has joined Burkina Faso-focused copper and gold explorer West African Resources. ASX- and TSX-listed West African appointed Connelly as nonexecutive chairperson,... 

Endeavour makes progress with full-year production

By: Esmarie Iannucci     10th April 2015 ASX- and TSX-listed gold miner Endeavour Mining reported on Friday that it was on track to deliver a full-year production of between 475 000 oz and 500 000 oz, as gold production during the first quarter of 2015 moved apace. During the quarter ended March, Endeavour produced 124 000 oz of gold,... 

Endeavour appoints new CFO

By: Esmarie Iannucci     27th March 2015 Dual listed gold miner Endeavour Mining has appointed Ota Hally as its new CFO, effective from April 1. Hally would replace Christian Milau, who has resigned to join True Gold Mining as CEO. 

Several miners appoint new senior executives

By: Henry Lazenby     26th March 2015 Thursday saw a slew of new senior executive appointments by several Canadian mining companies. West Africa-focused True Gold said it had appointed Christian Milau its new president and CEO, effective from April 27. The company, which was currently focused on developing the temporarily suspended... 

Endeavour reports wider Q4 loss on impairment charges

By: Henry Lazenby     28th February 2015 Canadian gold producer Endeavour Mining has reported a significantly wider net loss for the three months ended December, as notable impairment charges on its Tabakoto mine, in Mali, weighed on financials. The ASX- and TSX-listed company on Thursday reported a net loss attributable to shareholders... 

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