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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 Dale327845on Apr 03, 2024 2:43pm
134 Views
Post# 35968448

RE:RE:Any idea?

RE:RE:Any idea?Very interesting article in the "Reseau International".  Some good points about how all the present 'terrorist' problems were caused by mostly France who urged America to bomb Libya (France didn't have the wherewithal to do it themselves). France has been a huge taker in Africa for a very long time.  Niger was smart to kick them out.  The coup booted the government that was heavily complicit with France in robbing Niger of its Uranium wealth. Kicking France, and probably America, will be a positive longer term development.  The CIA does very little good, and lots of bad.  
The Sabodala-Masawa mine that EDV owns in Senegal is only 10% owned by Senegal, when 20% is more of the standard these days.  So yes, and adjustment will no doubt happen.  EDV very much works with the Governments of the countries where they operate.  Interestingly in Mali, B2 gold wanted to build a new mine close to the Fekola complex, but the Mali Gov wanted 30% , so B2 balked.  My guess is thaqt across the region a new % for the country will become established.  The countries want the development, so the new number will need to satisfy everyone.  
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