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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 3:58am
173 Views
Post# 34323421

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

RE:RE:RE:RE:Disappointed - where are the resource updates?I also note this comment re Hounde:


Given the significant resources defined over recent years and its current long mine life , we will study the potential to bring forward production .

With over 5Moz of resources (net of 2021 depletion), looks to me like there's scope to expand the plant to 400koz of annual production.

So in summary, we have the followng organic projects lined up and soon shovel-ready:

  • Fetekro (+250koz)
  • Sab-Mas Phase 2 (+100koz?)
  • Hounde expansion (+150koz)

Could bring us closer to 2Moz of annual production (net of expected Karma disposal).


 

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