Endeavour Mining plc T.EDV

Burkina Faso security

[MineralManiac]

Was curious why stock was underperforming despite strong Q3 so did some Googling . Looks like there are major concerns in Burkina regarding security and the prime minister resigned? Terrorism threat seems really bad at the moment with government under attack. Anyone heard anything like this? I also see in filings that Blackrock seems to be decreasing their position- wonder why they have decided now is the time being one of the largest shareholders?

[marben100]

Security issues in BF are nothing new. A strong part of the rationale for Endeavour's takeover of Semafo was that the larger group would be more influential with government and Endeavour had better security protocols. The threat around the Boungou mine is extreme - and Endeavour has put in place security measures to meet it, e.g. flying workers in and out, rather than using roads. Thanks for

[mercedesman]

Well stated Marben To which I would add... There are risks in almost every significant mining district in the world...ranging from political to environmental. For example South America - similar but different issues.  Mexico, same. Russia, Serbia, etc. etc. Less military or physical security risk perhaps, but equally challenging issues with local and federal governments & populations