Endeavour Mining has underlined its prospects for organic growth after completing a positive pre-feasibility study (PFS) for its two most advanced gold projects in West Africa. The Fetekro project in Côte d'Ivoire has the potential to be a future cornerstone mine for Endeavour, the company said,...
Endeavour Mining will relinquish its 85% stake in the Agbaou gold mine in Côte d’Ivoire after agreeing a deal with private African operator Allied Gold worth up to C$80 million. The open pit gold mine – deemed non-core by Endeavour – began commercial production in 2014...
West Africa-focused Teranga Gold has reported total gold production of 404,460 ounces in 2020, exceeding its full year guidance for the fifth consecutive year. The TSX-listed miner produced a record 119,364 ounces of gold in the final quarter of the year, which contributed to a 40%...
During the last 12 months, Endeavour Mining has significantly increased its safety protocols against the threat of local armed groups in the Sahel, particularly in central and Eastern Burkina Faso. The disturbing spectre of terrorism in the region was raised in November 2019, when 40 people...
Endeavour Mining and Teranga Gold have agreed a merger deal worth US$1.86 billion that will create a global top 10 gold producer with plans to make a secondary listing on the London Stock Exchange. The TSX-listed miners had confirmed talks were taking place last week on...
Endeavour Mining is currently in ‘merger of equals’ discussions with fellow West Africa-focused miner Teranga Gold, a move that would create a dominant gold producer in the region. TSX-listed Endeavour responded to recent media speculation with an announcement today that confirmed talks were ongoing with Teranga,...
Gold miners are increasingly looking towards new avenues of venture capital on the London and New York stock exchanges as they seek to take advantage of surging prices and demand for the safe haven investment. The COVID-19 pandemic has chiefly fuelled a 32% rise in the...
Canada’s Endeavour Mining yesterday announced the completion of its US$732 million acquisition of smaller group Semafo, becoming West Africa’s biggest gold producer in the process. The deal, first announced in March, brings together six operating mines in two locations – Burkina Faso and Côte d'Ivoire. Combined...
Endeavour Mining has announced it will acquire Canadian firm Semafo in a US$690.7 million deal that will create the biggest gold producing outfit in Burkina Faso. The combined group will produce one million ounces of gold a year, according to Endeavour’s chief executive Sebastien de...
Endeavour Mining announced yesterday that an employee at its Houndé mine in Burkina Faso tested positive for coronavirus on Saturday and was subsequently placed under quarantine. The employee experienced mild symptoms after arriving at the site from the UK, but didn’t show any symptoms on arrival...