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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

Comment by mercedesmanon Sep 14, 2021 11:27am
211 Views
Post# 33854878

RE:Endeavour trucks attacked: 6 killed

RE:Endeavour trucks attacked: 6 killed
marben100 wrote: See this from Reuters

Unidentified armed men killed six gendarmes and wounded seven others in an attack on a convoy of vehicles returning from a gold mine owned by Endeavor Mining in the east of the country, authorities said on Monday.
 
The convoy of empty fuel trucks the gendarmes were protecting was ambushed at around 13:30 GMT on Sunday on a stretch of road between Sakoani and Matiacoali, Burkina Faso's gendarmerie said in a statement...

...The tankers were travelling from Boungou mine, which is owned and operated by London and Toronto-listed Endeavour Mining.
Sad to see. I expect EDV will have to make an announcement. This news explains why EDV stock is down today.

Mark


Yes.  Sad to see.

The Boungou Mine is the old Semafo mine that has had a history of trouble.

Hopefully Endeavour and the entire mining industry can impress upon the Governemt of BF that they need a strong military presence & response in order to protect the entire industry (and the tax revenues it provides)...especially towards the east end of the country.

Fortunately most of EDV's assets are central and south and or in neighboring countries (e.g Senegal).

mini buying opportunity IMO.

MM

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