Endeavour Mining has been informed by Centamin Plc that it does not intend to seek an extension to the January 14, 2020, PUSU deadline. Given the lack of information received, Endeavour confirms that it does not intend to make a firm offer for Centamin and therefore the merger discussions have been terminated. Commenting on this, Sebastien de [...]
Endeavour Mining notes the announcement of Centamin made earlier today, confirming that, following the reciprocal exchange of certain due diligence information, Centamin made a request to the Panel on Takeovers and Mergers to grant an extension to the deadline by which Endeavour is required to either announce a firm intention to make an offer for [...]
Endeavour Mining Corp. notes the announcement of Centamin Plc published on December 18, 2019. From its first, private approach to Centamin on November 11, 2019, Endeavour sought constructive engagement with the Centamin Board in respect of a potential combination, but this was not forthcoming. As a result, the only course of action open to [...]
Endeavour Mining wishes to provide an update regarding the preliminary engagement it has had with Centamin Plc to explore the potential combination of the two companies, following the announcement made on December 3, 2019. Endeavour remains convinced of the strategic rationale of combining both companies to create a diversified gold producer with a [...]
QUARTERLY S&P/TSX COMPOSITE INDEX REVIEW – DECEMBER 2019 ADDITIONS Issue Name Symbol GICS Classification 60/Completion Capped Sector Indices Corus Entertainment Inc B Nvtg CJR.B 50201020 Completion Communication Services CT REIT CRT.UN 60101070 Completion Real Estate, REIT Jamieson Wellness Inc. JWEL 30302010 Completion Consumer Staples Lightspeed [...]
Endeavour Mining announces that it is seeking to engage with the Centamin Board with the intention of reaching an agreement on the terms of a recommended all-share merger between Endeavour and Centamin Plc. Endeavour believes that this potential combination would strongly benefit both sets of shareholders due to the compelling long-term value [...]
ENDEAVOUR ANNOUNCES A 1HOUNDÉ Kari West & Center discoveries lift Houndé’s Indicated resource by 32% at a $15/oz discovery cost HIGHLIGHTS: Kari West’s and Kari Center’s combined 1.0Moz maiden Indicated resource increases Houndé’s M&I resources by 32% to 4.1Moz, excluding 2019 depletion Combined [...]
Plant Upsize ·CIL plant capacity increased by 25%, from 4Mtpa to 5Mtpa, completed on budget and on schedule ·The plant has achieved an annualized throughput exceeding 5Mtpa for the past two weeks Ity Trend Consolidation ·Successfully consolidated the full 125km trend along the Ity Birimian belt with the acquisition of the [...]
RESULTS Production up 6% and AISC flat · Operating Cash Flow doubled · Net Debt reduced by $52m OPERATIONAL AND FINANCIAL HIGHLIGHTS Q3-2019 production increased by 10koz over Q2-2019 to 181koz and AISC remained flat at $803/oz despite the severe rainy season FY-2019 Group guidance adjusted to 650-695koz, reflecting Ity’s [...]
Endeavour Mining is pleased to announce the appointment of Sofia Bianchi as an independent non-executive director. Sofia Bianchi is a finance professional with over 30 years of experience. During her career she played a leading role in the establishment of the first dedicated African infrastructure fund focused on financing private sector [...]
ENDEAVOUR Q3 2019 5, 2019 George Town, October 15, 2019 – Endeavour Mining will announce its financial results for the third quarter of 2019 on Tuesday, November 5, 2019, before TSX market open. Management will host a conference call and webcast on the same day, Tuesday, November 5, 2019, at: 5:30am in Vancouver 8:30am in Toronto and New York [...]
141% TO 1.2MOZ View News Release in PDF Format FETEKRO HIGHLIGHTS: 35,000m were drilled on the Lafigué target following the maiden resource published in October 2018 which was based on only 32,000m of drilling Lafigué deposit Indicated resource has grown by 141% while grade increased by 13% Indicated resource of 14.6 million tonnes at [...]