Company
Endeavour Mining PLC
TSE:EDV
Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Côte d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets. A member of the World Gold Council, the company is committed to the principles of responsible mining and delivering meaningful value to people and society.
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FTSE 100 yo-yoes late on; Flutter plummets
Blue-chips yo-yoed on Wednesday afternoon, while Flutter led to days fallers
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FTSE 100 Live: Stocks end lower after US jobs data
Blue-chips are trading off early lows after the strong jobs report
Endeavour Mining unveils major upgrade to Tanda-Iguela property
Assafou now hosts an indicated resource of 4.5Moz at 1.97 g/t Au
Endeavour Mining on track to hit production target
Endeavour’s guidance is for between 1,060-1,135oz of gold in 2023
Endeavour Mining's Côte d’Ivoire gold discovery impresses Canaccord Genuity analysts
The firm reiterated a Buy rating and a price target of C$40
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Today's Market View - Endeavour Mining, KEFI Gold and Copper, Rockfire Resources, and more...
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Endeavour Mining reveals the significant potential of its Côte d’Ivoire gold discovery
"It ranks as one of the most significant discoveries made in West Africa over the last decade and shows potential to be another flagship asset for the company,” said chief executive Sébastien de Montessus
Endeavour Mining on track for top end of production, also hails exploration successes
Growth projects are projected to increase gold production by roughly 30% from 2024 and further enhance geographic diversification
Gold producers to feel cost pressures on balance sheet ahead of 3Q earnings, but relief ahead as inflation slows
Inflation continued to apply upward pressure on miners’ costs, primarily on key consumables including steel, cyanide, and reagent prices during 3Q, Stifel GMP analysts wrote in a note to clients
Endeavour Mining gets repeat 'buy' ratings from Canaccord Genuity and Barclays after Lafigue project approval news
The Canaccord Genuity analysts said: "We forecast Endeavour consolidated production increasing to 1.56Moz by 2025 from 1.39Moz this year"
Endeavour Mining commences construction at the Lafigué gold project in Côte d’Ivoire
Endeavour Mining has a select portfolio of high-quality gold assets in West Africa
Endeavour Mining names Sakhila Mirza, currently general counsel and an executive director at London Bullion Market Association, as new independent director
Endeavour's board now comprises nine members, of which five are considered independent under the UK Corporate Governance Code
Endeavour Mining receives ‘Buy’ rating in initial coverage by UBS
“In our view, the combination of growth, yield, and improving liquidity on the LSE creates an opportunity for EDV to expand its investor base against an improving gold price environment creating compelling risk vs reward," UBS analysts said
Endeavour Mining hikes interim dividend 43%
The miner is now targeting a minimum dividend of US$200mln for the year, US$50mln more than its initial minimum commitment
Credit Suisse sets a 2,500p price target for Endeavour Mining, based on strong growth potential and solid track record
Endeavour is valued at over C$6,5bn on the Toronto Exchange, and is also listed in London
Endeavour Mining publishes 2021 sustainability report
Endeavour expects to finalise its decarbonisation strategy this year
Canaccord reaffirms 'Buy' rating for Endeavour Mining after 1Q results top expectations
The miner's adjusted earnings per share, EBITDA, production and cash costs all beat Canaccord's projections
Endeavour Mining highlights rising adjusted net earnings, cash returned to shareholders in 1Q results
The company posted adjusted net earnings of US$122 million, up 21% year-over-year from $101 million
Haywood Securities says Endeavour Mining's Sabodala-Massawa mine offers "attractive" potential return on invested capital
Analysts at Haywood Securities upped their price target on the leading West-Africa-focused gold miner’s shares by $4 to $50
Endeavour to launch expansion of Sabodala-Massawa as study confirms its potential to become top-tier gold mine
"We are extremely pleased with both the current performance of Sabodala-Massawa and the definitive feasibility study results announced today, as they demonstrate the asset's potential to be a top tier mine capable of producing in excess of
Endeavour Mining to get lift from FTSE100 entry says broker
“We believe that, with US$535mln of FCF and a net cash position, Endeavour is well positioned to pay above this level.”
Canaccord Genuity maintains ‘Buy’ rating and C$48 price target on Endeavour Mining after profitable 2021
'Our target price remains predicated on a 50/50 blend of a 1.0x multiple applied to our operating NAVPS estimate plus net debt and other corporate adjustments and a 7.0x multiple applied to 2022E EBITDA,' The Canaccord analysts said
Endeavour Mining FY profits jump on record gold output; sees strong 2022
2021 production surged 69% to a record, the gold producer said
Endeavour Mining appoints Srinivasan Venkatakrishnan as its board chair and Ian Cockerill as senior director
The company said the board changes underscore its commitment to pursue the highest standards of corporate governance and alignment with the UK Corporate Governance Code
Endeavour Mining sells Karma mine in Burkina Faso to Néré Mining
The west-Africa focused gold miner will receive up to US$25mln plus a 2.5% net smelter return (NSR) royalty for Karma
Endeavour Mining remains one of its 'top picks' among senior producers, says broker Canaccord as it lifts target price
Fourth quarter output and all-in-sustaining-costs (AISC) of 398,000 ounces and US$900 per ounce, both beat Canaccord's previous estimates, while full-year production of 1.536 million ounces exceeded the top end of guidance (1.365 million to
Endeavour Mining beats gold production guidance for 2021
Endeavour, which owns several high-quality gold mines in West Africa, declared a dividend payment of US$70mln for the second half of 2021
Endeavour Mining adds three million ounces of gold to resource inventory in 2021
Endeavour has a sizeable portfolio of producing and development assets in West Africa
Endeavour Mining reports 3Q; on pace to beat top end of full year output guidance
West Africa's largest gold producer generated 382,000 ounces from across its seven mines in the three months to September 30, up from 244,000 ounces in the year-earlier quarter, at an AISC of US$904 per ounce versus US$906 per ounce in 3Q,
Endeavour Mining prices bonds and agrees new revolving credit facility
The new revolving facility and the bonds will extend the maturities of the company’s debt to 2025 and 2026 respectively
Endeavour Mining sets 'ambitious' 15-20mln oz five year exploration target
Discovery costs are forecast to be less than US$25 per oz
Endeavour Mining and others expected to get a lift from likely inclusion in the FTSE 250
Barclays has suggested that inclusion in the FTSE 250 could lead to funds acquiring around 10% of Endeavour's issued share capital
Barclays sees upside for catalyst-rich Endeavour Mining
Barclays starts its coverage of the miner with an 'overweight' rating.
Endeavour Mining still a buy, says Berenberg, following strong quarterly results
Adjusted net profits after tax came in at a robust US$183mln
Endeavour Mining boosts gold production in the second quarter of 2021
Endeavour is a significant gold miner in West Africa, with a focus on high-quality assets
Endeavour Mining is undervalued vs global gold mining peers, said Barclays
Endeavour said it has met or exceeded production and cost guidance for eight consecutive years
Endeavour Mining shares begin trading on London Stock Exchange’s main market
Sebastien de Montessus, Endeavour president & CEO commented: “Our listing marks the start of the next phase of our evolution and will see us become the largest pure gold producer on the premium segment of the London Stock Exchange with acce
Endeavour hosts capital markets event to focus on its milestones and progressive dividend policy
It is implementing a minimum progressive dividend policy with a target of distributing at least $500 million to shareholders through to fiscal year 2023
Endeavour Mining posts strong first quarter, which sees increased output and reduced costs
The West Africa-focused gold producer said it was 'well-positioned' to meet its production guidance for full-year 2021
Endeavour Mining: A shining West-Africa gold producer
Endeavour’s strategy is focused on increasing the quality of its portfolio to establish a leading West African gold producer with long life mines and low all-in sustaining cost (AISC)
Endeavour Mining reports record 4Q and FY2020 production from its West African gold operations
The miner produced 344,000 ounces during the three-month period to end December 31, 2020, a 93% increase over the year-ago quarter, at an all-in sustaining cost of US$803 per ounce
Endeavour Mining increases 2021 production guidance
The producer has increased guidance to between 1.35-1.475 million ounces to include production from the recently integrated Sabodala-Massawa and Wahgnion mines in West Africa
Endeavour Mining confirms its strong growth pipeline with robust PFS reports for Ivory Coast and Mali projects
The document for Kalana in Mali envisages an 11-year project with an average annual production of 150,000 ounces at an all-in-sustaining-costs (AISC) of US$901 per ounce
Endeavour Mining closes C$2.4 billion acquisition of Teranga Gold Corp; to focus on organic growth
Teranga shareholders received 0.47 of an Endeavour share for each Teranga share they held, resulting in the issue of over 78.7 million Endeavour shares
Endeavour Mining looking for further growth as it reports record gold output in 2020 and fourth quarter
Endeavour runs six producing mines across Ivory Coast and Burkina Faso
Endeavour Mining announces sale of non-core Ivory Coast mine to Allied Gold
Agbaou is an open-pit mine with carbon-in-leach processing
Endeavour Mining lifts stake in potential cornerstone asset Fetekro ahead of pre-feasibility study
Once a mining permit is granted, the process for which is underway, Endeavour will be entitled to lift its stake to 80% from 65% currently, while SODEMI (the state-owned mining company) and the Government of Côte d’Ivoire will each own 10%
Endeavour Mining to acquire Teranga Gold in C$2.4B deal to create new Top 10 gold producer
The combined company will boost its gold production to more than 1.5 million ounces per year and boast one of the largest exploration portfolios throughout West Africa’s Birimian greenstone belt
Endeavour Mining posts strong third quarter, as it declares maiden dividend and extends mine life at two flagship assets
The miner also announced an extension to the mine-life at its two flagship operations at the Hounde and Ity mine
Endeavour confirms that it is in talks with Teranga Gold regarding a potential merger of equals
A transaction would only be pursued if its board believed that it represented a "compelling value creation opportunity"
Endeavour Mining eyes top-end output from Boungou mine in Burkina Faso after infrastructure improvements
The asset is now expected to generate between 130,000 and 150,000 ounces of the yellow metal at all-in-sustaining-costs of between US$680 and US$725 per ounce
Endeavour Mining says Deloitte audit partner Joanna Pearson will be joining the company in the coming months to assume the role of chief financial officer in early 2021
Pearson has more than ten years’ experience as an audit partner at Deloitte, including six years as the audit partner responsible for Endeavour, and over 20 years’ experience serving clients in public practice, with a focus on multinational
Endeavour Mining says Fetekro could be its highest grade operation as it lifts indicated resource by 108%
The firm said 97% of the overall resource at the deposit is classified as indicated, so no further drilling is required to class it as a reserve
Endeavour Mining mulls listing in London, New York after merger with rival Semafo
Gold prices are currently around US$2,000 an ounce, and if they stay there, Endeavour could achieve a net cash position by the end of the year
Endeavour Mining says on track to meet full year guidance as it posts strong 2Q results
The West Africa-focused mining company produced 149,000 ounces of gold at an all-in-sustaining-cost of US$939 per ounce
Endeavour Mining boosts Houndé mine's resource base by an additional 554,000 gold ounces
The added ounces, which fall under the higher-confidence measured and indicated category, bring Houndé’s total resource base to 4.5 million gold ounces
Endeavour Mining increases Ity mine resources by 43% from its high-grade Le Plaque deposit
Indicated resources grew to 7.9 million tons at 2.7 grams per ton (g/t) gold for 689,000 ounces and inferred resources came in at 800,000 tons at 2.1 g/t gold for 52,000 ounces
Endeavour Mining starts mining the high-grade Kari Pump deposit at the Houndé mine in Burkina Faso
The company received a mining permit extension from the Burkina Faso government to cover the full Kari area, which hosts the Kari Pump, Kari West and Kari Center discoveries
Endeavour Mining finalizes US$100M investment from key shareholder La Mancha
The offering was made at a price of C$30.27 per share, a 44% premium to the share price prior to the SEMAFO acquisition announcement in March
Endeavour Mining completes SEMAFO acquisition; unveils raft of board changes
The Endeavour board is now 44% represented by women, says the group, while director Alison Baker was also named chair of the audit committee
Endeavour Mining expects to close SEMAFO acquisition at beginning of July
On May 26, Endeavour reported that its shareholders had voted “overwhelmingly” in favour of the deal
Endeavour Mining shareholders vote overwhelmingly in favour of SEMAFO merger
The deal brings together six mines with strong cash flow into one portfolio, the opportunity to optimize assets, and a growth pipeline
Endeavour Mining highlights environmental, social, governance improvements in 2019 sustainability report
The report examines Endeavour's progress toward the Responsible Gold Mining Principles established by the World Gold Council
Endeavour Mining reports strong first quarter, with gold output lifted and debt reduced
The group operates the Agbaou and Ity mines in Côte d’Ivoire and the Houndé and Karma mines in Burkina Faso
Endeavour Mining executives to donate part of their salary to help fight coronavirus in West Africa
Endeavour will match the funds to result in a donation of C$1 million, which when added to previous spending on community initiatives, brings the miner’s total donation to C$6 million
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