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.

TSX:EDV - Post by User

Endeavour Mining plc > Dividend and Listing Highlights

<< Previous

Bullboard Posts

Next >>

Post by mercedesmanon Jun 07, 2021 9:00am

315 Views

Post# 33339064

Dividend and Listing Highlights

https://stockhouse.com/news/press-releases/2021/06/07/endeavour-hosts-capital-markets-event-today

HIGHLIGHTS:

Strong commitment to shareholder returns
- Implementation a minimum progressive dividend policy targeting to distribute +$500 million through to
  FY-2023, which is expected to be supplemented if the gold price remains above $1,500/oz
- Share buyback program well underway with $49 million of shares already repurchased in April and May
Launch of a n augmented ESG strategy to reflect Company’s increased scale following recent acquisitions
- Strong focus on investing in host countries with the establishment of the Endeavour Foundation which will supplement the ongoing efforts of ECODEV, Endeavour’s economic development fund
- While Endeavour has one of the lowest greenhouse gas emissions intensities across senior gold producers, as part of its journey to net zero by 2050, a roadmap is underway to reduce its intensity by 30% by 2030
Listing on the Premium Segment of the London Stock Exchange remains on track for on or about June 14