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Endeavour Mining plc T.EDV

Alternate Symbol(s):  EDVMF

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.


TSX:EDV - Post by User

Comment by marben100on Jan 17, 2022 3:42am
146 Views
Post# 34323415

RE:RE:RE:Disappointed - where are the resource updates?

RE:RE:RE:Disappointed - where are the resource updates?The updates are out and looking decent: https://www.investegate.co.uk/endeavour-mining-corporation--edv-/gnw/endeavour-achieves-record-annual-discoveries-with-addition-of-3.0moz-of-m-i-and-0.9moz-of-inferred-resources/20220117070000H9310/

New discoveries ~ double annual depletion.

Fetekro increase in plant size to match increased resources suggests a 250koz p.a. asset vs 200koz p.a. previously.

3Moz discovered in 2021 brings the 5 year total to 11.5Moz vs 10-15Moz target. Encouragingly, the amount of resources discovered has increased each year since the start of the programme in 2016.

Cheers,

Mark

Worth waiting for!
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