Endomines has strengthened its organisation and recruited an Exploration Manager to the Company’s operations at Karelian Gold Line, Finland. MSc (geology) Jyrki Bergström will take the post from the 1st of October 2014. Jyrki Bergström has extensive experience from exploration and mine development activities in Finland and abroad. Jyrki’s latest [...]
The result for the second quarter was affected by several negative effects like low production volume due to mining low grade ore and lower market prices for gold. Due to mining low grade ore the flotation concentrate had a lower gold grade which increased the smelting cost. This affected the realized gold price negatively. The realized gold price [...]
Endomines publishes its second quarter 2013 (ending June 30, 2013) production results for its Pampalo Gold Mine in Eastern Finland. The mine produced 168.1 kg or 5,228 oz of gold during the second quarter. Production during the quarter was lower than target due to mining mainly from low grade areas in the underground mine and low grade upper levels [...]
The number of shares and votes in Endomines AB (publ) has increased in connection with the directed issue of 7 944 000 new shares. As per 31 May 2013, the company's share capital amounts to SEK 262,156,875 and the total number of shares and votes in the company amounts to 87,385,625.
An environmental impact assessment study of the production consequences at the currently known seven satellite gold deposits along the Karelian Gold Line has been completed and submitted to North Karelian Centre for Economic Development, Transport and the Environment. The environmental impacts of mining and ore transports from the currently known [...]