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 unclesam2on Jun 18, 2013 2:15am

287 Views

Post# 21536159

RE: RE: RE: RE: RE: RE: Brutal

- EDV removed all the hedges on their Gold production, so most of their gold production is being sold at spot prices. I am not sure about BAA or other companies.

- The Banksters game plan seems to be to keep inflicting pain to gold miners with the goal to force them to hedge their gold production at these "ridiculous, manipulated" paper prices.

- If they suceed in this, and gold miners do end up hedging around $1400/oz, these same banksta crooks will be the first one lining up to buy this gold from the miners.

- Banksters: The lowest form of scum on this planet !!

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