Endeavour Mining plc T.EDV

Top 10 finish !

[mercedesman]

For the first time
https://www.kitco.com/news/2022-03-09/The-world-s-top-10-largest-gold-mining-companies-in-2021-report.html

[celestialman10]

Why did they dump KARMA for basically nothing?

[marben100]

Why did they dump KARMA for basically nothing? Because it's on it's last legs and doesn't fit with the company's strategy. If you follow the company, you'll be aware of their "magic quadrant" concept, where they want all the company's mines to have: Long life Low cost Meaningful production Karma didn't fit those criteria and was a drain on

[RONNIE111]

Yes, they have been talking about selling Karma for years?  it seems like. But from a strictly numbers point of view it does seem like a 'poor' sale. If the AISC is about $1200, so a cash cost of say $1000 per oz, and production of 100,000 oz this year let's say, that is a hundred million US of cash over cash cost.  Seems like that would pay for hiring a little more