RE:Endeavour trucks attacked: 6 killedmarben100 wrote: See
this from Reuters Unidentified armed men killed six gendarmes and wounded seven others in an attack on a convoy of vehicles returning from a gold mine owned by Endeavor Mining in the east of the country, authorities said on Monday.
The convoy of empty fuel trucks the gendarmes were protecting was ambushed at around 13:30 GMT on Sunday on a stretch of road between Sakoani and Matiacoali, Burkina Faso's gendarmerie said in a statement...
...The tankers were travelling from Boungou mine, which is owned and operated by London and Toronto-listed Endeavour Mining.
Sad to see. I expect EDV will have to make an announcement. This news explains why EDV stock is down today.
Mark
Yes. Sad to see.
The Boungou Mine is the old Semafo mine that has had a history of trouble.
Hopefully Endeavour and the entire mining industry can impress upon the Governemt of BF that they need a strong military presence & response in order to protect the entire industry (and the tax revenues it provides)...especially towards the east end of the country.
Fortunately most of EDV's assets are central and south and or in neighboring countries (e.g Senegal).
mini buying opportunity IMO.
MM