https://www.miningweekly.com
Africa|Gold|Indaba|Joburg Indaba|Mining|PROJECT|Resources
Africa|Gold|Indaba|Joburg Indaba|Mining|PROJECT|Resources
africa|gold|indaba|joburg-indaba|mining|project|resources

Cockerill appointed CEO of West Africa gold company

Ian Cockerill

Ian Cockerill

Photo by Creamer Media

8th January 2024

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

JOHANNESBURG (miningweekly.com) – South African Hall-of-Fame luminary Ian Cockerill has been appointed CEO of West African mining company Endeavour, which owns and operates gold mines in Côte d'Ivoire, Burkina Faso and Senegal.

Cockerill, who was Endeavour’s former deputy chairperson, gleaned most of his four decades of experience in the global natural resources industry in South Africa.

In light of his appointment as CEO and executive director of the London- and Toronto-listed Endeavour, he will reportedly be reviewing his other current directorships.

As was reported in November, Endeavour’s mines in Burkina Faso and Côte d’Ivoire delivered a combined 792 000 oz of gold for the nine months to September 30. Full-year guidance is between 1.06-million and 1.14-million ounces of gold at an all-in sustaining cost (AISC) of between $895/oz and $950/oz. In the third-quarter of last year, Endeavour produced 281 000 oz at an AISC of $967/oz.

Third-quarter revenue was $530-million and planned full-year capital expenditure is $400-million.

“Looking ahead, we expect 2024 to be a strong year for Endeavour, as the brownfield expansion of Sabodala-Massawa and the Lafigué development project both remain on budget and on track to be commissioned next year,” former CEO Sebastien de Montessus stated in a release to Mining Weekly in November.

This year, the Sabodala-Massawa expansion is scheduled to commence in the second quarter and the Lafigué project in the third quarter.

Cockerill was inducted into the South African Mining Hall of Fame of the Joburg Indaba in 2017.

Edited by Creamer Media Reporter

Comments

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
Alco-Safe
Alco-Safe

An unmanned breathalyser that is made to be tough and simple to use. Can be used in any environment for operator-free breathalyser testing.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine video image
Magazine round up | 01 March 2024
1st March 2024
Implats CEO Nico Muller
Implats expecting phased reduction in group output
29th February 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.131 0.164s - 89pq - 2rq
Subscribe Now