Endeavour Mining
Public | |
Traded as | TSX: EDV |
Industry | Gold Mining |
Headquarters | Operational: Abidjan, Côte d'Ivoire |
Number of locations | Burkina Faso, Côte d'Ivoire, Ghana, Mali |
Website | http://www.endeavourmining.com |
Endeavour Mining is a premier intermediate gold producer, focused on developing a portfolio of high quality gold mines in the prolific West African region. The Company has established a solid operational and construction track record and delivers cash flow from its five operating mines in Côte d'Ivoire, Mali, Ghana, and Burkina Faso, which are expected to produce between 600,000 and 640,000 ounces of gold at an AISC of US$860 to US$905 per ounce in 2017.[1] Endeavour has significant near-term growth opportunities with its Houndé project, which began construction in April 2016, and the Ity CIL project, which is expected to add 14 years of low-cost production mine life at Ity. And with one of the largest and most promising exploration portfolios in West Africa, the Company is targeting 10-15 million ounces of new discoveries over the next five years.
Endeavour Mining Corporation is listed on the Toronto Stock Exchange (symbol EDV) and also trades on the OTCQX (symbol EDVMF).
In June 2017 Endeavour announced it would purchase Avnel Gold Mining Limited for C$159 million. Avnel held an 80% interest in the Kalana Gold project in Mali as well as exploration permits in the surrounding area. [2]
References
- ↑ "Endeavour Mining".
- ↑ "Endeavour Mining To Acquire Avnel Gold for C$159 Million". www.juniorminingnetwork.com. Retrieved 2017-06-29.