In line with Endeavour's objective of discovering a standalone greenfield project, exploration resumed on Fetekro in 2017 With nearly 32,000 meters drilled on the property during 2017-2018, focused primarily on the highly prospective Lafigué target, Fetekro is to date Endeavour's most advanced greenfield exploration property Lafigué target highlights: A large mineralized vein system was defined over an area 2.5km long by 0.6km wide, remaining open at depth and towards the southeast Notable selected intercepts include: 7.97g/t Au over 2... [...]
Endeavour Mining is pleased to announce that it has entered into a binding sale agreement for its interest in the non-core Tabakoto mine to Algom Resources Limited, a subsidiary of BCM Investments Ltd, for a total cash consideration of US$60 million. The consideration is payable upon closing of the transaction which is expected to occur during the [...]
Following a strategic assessment of Tabakoto, the mine was deemed to be non-core and a sale process was therefore launched, in-line with Endeavour's portfolio management and capital allocation strategy. The asset was classified as held-for-sale, included as part of the Company's discontinued operations. Production from continuing operations of [...]
ENDEAVOUR TO ANNOUNCE ITS Q2 1ST, 2018 View News Release in PDF Format George Town, July 12th, 2018 - Endeavour Mining provides notice that it will release its financial results for the second quarter of 2018 on Wednesday, August 1st, before TSX market open. Management invites you to participate in a conference call and live webcast on the same day [...]
Endeavour Mining Corporation is pleased to announce that all the proposed resolutions at its Annual General Meeting of Shareholders held on Tuesday, June 26, 2018 were duly passed. The results for each of the matters voted upon at the meeting are set out below: RESOLUTION VOTES CAST FOR % % OF VOTES CAST WITHHELD Elect as a Director [...]
Kari Area Mineralized Envelops Simplified Houndé Exploration Targets Map Kari Pump Long-Section 1 Kari Pump Area with isosurfaces Kari Pump Cross-Section 2 HOUNDÉ Kari Pump target significantly extended · 2 new discoveries made in the Kari area · Further drilling underway HOUNDé EXPLORATION HIGHLIGHTS: Following [...]
ENDEAVOUR REPORTS RECORD Q1 RESULTS Houndé outperforming expectations · All mines on-track with guidance · Ity CIL construction on-time and on-budget Q1 FINANCIAL Highlights Gold production up 39% over Q1-2017 to 185koz AISC drops $121/oz over Q1-2017 to $774/oz All-In Margin up 112% over Q1-2017 to $68m Operating Cash Flow per share up 70% over Q1-2017 to $0.88 per share and Adjusted Net Earnings per share up 137% to $0.26/share Net Debt of $336m at quarter-end, up from $232m at year-end due to Ity CIL construction Net Debt to Adjusted EBITDA ratio healthy at 1.24 times Group is on target to achieve its FY-2018 guidance Project highlights Ity CIL construction progressing on-budget and on-time with first ... [...]
Endeavour Mining provides notice that it will release its financial results for the first quarter of 2018 on Tuesday, May 15th, before TSX market open. Management invites you to participate in a conference call and live webcast on the same day at 8:30am to discuss the Company's financial and operational results. The conference call and live webcast [...]
ENDEAVOUR REPORTS STRONG FY-2017 RESULTS View News Release in PDF Format Q4 AND FY-2017 HIGHLIGHTS Houndé's successful commissioning lifted group production by 38% compared with Q3-2017 to 204koz and decreased group AISC by 13% to $785/oz Full year production up 12% year-over-year to 663koz; AISC down $17/oz to $869/oz, in line with FY 2017 guidance All-in Margin increased by 85% in Q4 over Q3, totalling $162m for the year, in line with FY 2017 guidance Operating Cash Flow before non-cash working capital increased by $58m in Q4 over Q3 due to Houndé start-up, total... [...]
construction is on-time and on-budget · Maiden resource announced on ~25% of the Le Plaque area View News Release in PDF Format CIL construction IS on-time and on-budget Construction remains on-time and on-budget with first gold pour expected mid-2019 Concrete works are tracking well, with all eight ring beams and the SAG mill foundation [...]
View News Release in PDF Format George Town, February 6, 2018 - Endeavour Mining Corporation announces that it has closed the previously announced private placement of convertible senior notes due 2023 for an aggregate principal amount of USD 300 million. In addition, the initial purchasers exercised today the over-allotment option, for an [...]
ENDEAVOUR PROVIDES INFORMATION ON CONVERTIBLE NOTE OFFERING View News Release in PDF Format George Town, January 31, 2018 - Endeavour Mining Corporation provides information concerning the planned issuance of its US$300 million convertible senior notes announced yesterday. The Notes will bear a 3% annual coupon maturing in February 2023. The [...]
