Endeavour Mining plc T.EDV

Alternate Symbol(s): EDVMF

Metals & Mining Gold

Endeavour Mining plc is a United Kingdom-based senior gold producer with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. The Company has a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. It operates mines that include Hounde Mine, Ity Mine, Mana Mine and Sabodala-Massawa Mine. The Hounde Mine is located approximately 250 kilometers (kms) southwest of Ouagadougou, the capital city of Burkina Faso. The Hounde Mine is owned by the Company (90%) and Government of Burkina Faso (10%). It owns approximately 85% of Ity Mine, which is located 480 kms northwest of Abidjan in southern Cote d'Ivoire. The Mana Mine is located approximately 200 kms west of Ouagadougou, the capital of Burkina Faso. The Sabodala-Massawa Mine is approximately 640 kms southeast of Dakar, the capital of Senegal. It owns approximately 80% of the Lafigue project. Its other projects include Kalana, Bantou and Nabanga.

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Endeavour Mining plc

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Comment by marben100on Jan 17, 2017 9:07am

254 Views

Post# 25716561

RE:RE:RE:RE:RE:RE:RE:RE:RE:Nice Info

uggg,

The difference between Sawiris and Barrick is that he is African (Egyptian) and has an intimate knowledge of African politics and politicians, due to his extensive business interests across the continent. He may be able to reach parts that a global multinational may not. ;0)

What I can be confident of is that he wouldn't want to do this deal if he didn't see it as in his interests. So far, those interests seem aligned with those of other Endeavour shareholders, so that gives me some comfort that if a deal is done, it will be beneficial to us.

Cheers,
Mark

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