Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Bullboard Posts
Post by upickmon Jul 12, 2016 9:55am
244 Views
Post# 25043975

Endeavour Mining Announces Board Change

Endeavour Mining Announces Board Change

View News Release in PDF Format

Endeavour Mining ("Endeavour") (TSX:EDV) announces that Miguel Rodriguez has stepped down from the Board of Directors of the Company. Mr. Rodriguez has served as a Director of Endeavour since September 2013.

The Board of Directors thanks Mr. Rodriguez for his advice and contributions over the past several years as the Company has grown, and wishes him success for the future.

The Board will now be composed of seven members, including Chairman Michael E. Beckett, and Ian Cockerill, Frank Giustra, Ian Henderson, Wayne McManus, and Naguib Sawiris as Non-executive Directors; and Sbastien de Montessus as Executive Director and CEO.

About Endeavour Mining Corporation

Endeavour Mining is a TSX-listed intermediate gold producer, focused on developing a portfolio of high quality mines in the prolific West-African region, where it has established a solid operational and construction track record.

Endeavour is ideally positioned as the major pure West-African multi-operation gold mining company, operating 5 mines in Cte d'Ivoire (Agbaou and Ity), Burkina Faso (Karma), Mali (Tabakoto), and Ghana (Nzema). In 2016, it expects to produce between 535koz and 560koz at an AISC of US$870 to US$920/oz, excluding Karma which is in the commissioning stage. Endeavour is currently building its Hound project in Burkina Faso, which is expected to commence production in Q4-2017 and to become its flagship low-cost mine with an average annual production of 190koz at an AISC of US$709/oz over an initial 10-year mine life based on reserves. The development of the Hound project is expected to lift Endeavour's group production +900kozpa and decrease its average AISC to circa $800/oz by 2018, while exploration aims to extend all mine lives to +10 years.

<b><b>

</b></b>

<b><b>Contact Information</b> <b> </b></b>

 Vincent Benoit DFH Public Affairs in Toronto EVP - Strategy & Business Development John Vincic +33 (0)1 70 38 36 96 (416) 206-0118 x.224 vbenoit@endeavourmining.com jvincic@dfhpublicaffairs.com Martino De Ciccio Brunswick Group LLP in London VP - Strategy & Investor Relations Carole Cable, Partner +33 (0)1 70 38 36 95 +44 7974 982 458 mdeciccio@endeavourmining.com ccable@brunswickgroup.com 

Endeavour Mining | Executive Office | Bureau 76, 7 Boulevard des Moulins, Monaco 98000

This news release contains "forward-looking statements" including but not limited to, statements with respect to Endeavour's plans and operating performance, the estimation of mineral reserves and resources, the timing and amount of estimated future production, costs of future production, future capital expenditures, and the success of exploration activities. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts", and "anticipates". Forward-looking statements, while based on management's best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. Please refer to Endeavour's most recent Annual Information Form filed under its profile at www.sedar.com for further information respecting the risks affecting Endeavour and its business.

View News Release in PDF Format https://hugin.info/171882/R/2028038/753811.pdf

HUG#2028038

https://www.globenewswire.com/newsroom/ti?nf=MTMjMTAxNjQwNDgjMzc5Mjc=


Bullboard Posts