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Endeavour Mining plc T.EDV

Alternate Symbol(s):  EDVMF

Endeavour Mining plc is a United Kingdom-based multi-asset gold producer focused in West Africa. The Company has five operating assets consisting of the Hounde and Mana mines in Burkina Faso, the Ity and Lafigue mines in Cote d’Ivoire, and the Sabodala-Massawa mine in Senegal, two greenfield development projects (Assafou and Kalana) in Cote d’Ivoire and Mali and a portfolio of exploration assets on the highly prospective Birimian Greenstone Belt across Burkina Faso, Cote d’Ivoire, Senegal, and Guinea. The Hounde mine is located in the northern part of the highly prospective Hounde Greenstone Belt, approximately 60 kilometers (km) south of the Mana mine. The Ity mine is located in western Cote d'Ivoire, 480 km west-northwest from Abidjan, in the prefecture of Zouan-Hounien. 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.


TSX:EDV - Post by User

Bullboard Posts
Post by scissors14on May 22, 2006 1:28am
160 Views
Post# 10889815

Aima sets up new branch in Caymans

Aima sets up new branch in CaymansAima sets up new branch in Caymans By Phil Davis Published: May 22 2006 03:00 The Alternative Investment Management Association has set up a branch in the Cayman Islands, the world's biggest hedge fund domicile. The Cayman Islands will be Aima's seventh chapter, following Australia, Canada, Hong Kong, Japan, Singapore and South Africa. It now has more than 1,000 members in 46 countries. Christopher Fawcett, Aima chairman, said: "This is a notable and natural milestone and a signal of Aima's growing influence worldwide. Cayman is an integral part of the hedge fund industry, with the majority of hedge funds globally domiciled there." The move comes amid increasing pressure on the Cayman Islands as the jurisdiction of choice for hedge funds. The US Securities and Exchange Commission is demanding onshore registration of many funds, which could lead to a pullback from offshore locations. In addition, the rising tide of institutional money in hedge funds is also creating pressure for registration to move onshore where funds can be monitored more closely by local regulators. Andy Stepaniuk of KPMG will be chairman of the new chapter and Mark Lewis of Walkers, the law firm, will be his deputy. The founding members include GLG Partners, Goldman Sachs, Absolute Capital Management and Athena International Management.
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