Endeavour Mining has published its 2021 sustainability report in accordance with a number of international frameworks including GRI, SASB, TCFD and UN Global Compact. The West African gold producer said that it was a strong year for ESG performance, as indicated by a number of measurable...
Drilling services provider Geodrill has announced strong financial results for the first quarter of 2022, during which it generated a record revenue of US$33.4 million – a 9% increase on the same period in 2021. The TSX-listed firm also delivered record net income of $6 million...
Endeavour Mining has today reported a 14% revenue rise to US$686 million in the first quarter of the year (compared with Q1 2021), following a strong operational performance since the new year. The company, which operates a number of gold mines across West Africa, increased its...
African gold producing giant Endeavour Mining has set an 'ambitious' target to discover 15-20 million indicated ounces of gold from its projects across West Africa over the next five years. The company, which recently listed in London to complement its primary listing on the TSX, has...
Endeavour Mining has reported record figures in its second quarter 2021 financial and operating results, amid the African gold producing giant’s recent premium listing on the London Stock Exchange. Operating cash flow before working capital for Q2 was US$286 million, compared to $263 million in the...
Egyptian billionaire Naguib Sawiris has set up a US$1.4 billion fund for gold mining investments held within his Luxembourg-based La Mancha investment firm. Sawiris said the new vehicle, named La Mancha Fund SCSp, will be a ‘deep value, long-only fund’ dedicated to gold mining and open...
West Africa’s top gold producer – Endeavour Mining – started trading on the London Stock Exchange (LSE) yesterday, in a secondary listing that has been in the works since the company sealed a merger with Teranga Gold in November 2020. Endeavour becomes the largest pure play...
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%...