Welcome to our dedicated page for Endeavour Mining news (Ticker: EDVMF), a resource for investors and traders seeking the latest updates and insights on Endeavour Mining stock.
Endeavour Mining plc reports developments tied to its West African gold mining portfolio, including operating results, production guidance, project development and exploration activity. The company is a senior gold producer with operating assets in Senegal, Côte d’Ivoire and Burkina Faso, and a portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt.
Recurring company announcements also cover capital returns and UK market disclosure obligations, including transactions in own shares, total voting rights, major shareholding notifications and director or PDMR shareholding notices. Updates may also address governance, sustainability and stakeholder matters associated with its mining operations and exchange listings.
Endeavour Mining has announced the purchase of 15,000 of its ordinary shares at a price of 2,101.40 GBp each, totaling £315,210. The transaction occurred on April 13, 2023, through Stifel Nicolaus Europe Limited. Following this buyback, Endeavour will have 247,551,470 ordinary shares in circulation, with no shares held in treasury. The buyback is part of a larger program initiated on March 20, 2023. The company's share repurchase reflects its commitment to enhancing shareholder value through strategic capital management. The financial details of the transaction are in compliance with EU Market Abuse Regulation requirements.
Endeavour Mining has announced that it will release its Q1-2023 financial results on May 4, 2023, prior to the market opening on the London Stock Exchange. A conference call and webcast will take place on the same day at 8:30 am ET / 1:30 pm BST to discuss the results. Participants can register for the call via a dedicated link to submit questions. The event will be accessible for playback on Endeavour's website. The company is recognized as a leading gold producer in West Africa, operating in several countries including Senegal and Cote d’Ivoire. As a member of the World Gold Council, it emphasizes responsible mining practices. For further inquiries, investor relations contacts are provided.
On April 11, 2023, Endeavour Mining plc announced managerial transactions involving Sébastien de Montessus, Guy Young, and Mark Morcombe. Notably, de Montessus, as Executive Director, received Performance Share Units under the Executive Performance Share Unit Plan, subject to a three-year performance condition. Guy Young and Mark Morcombe also participated in similar transactions as PDMRs. The transactions observed a total of 303,289 ordinary shares granted to de Montessus and shares to Young and Morcombe under various conditions dating from February to March 2023. The Legal Entity Identifier for Endeavour Mining is 529900NI5MXQ91GHXR07. These transactions occurred outside trading venues and are expected to align executive incentives with company performance.
Endeavour Mining has announced its total voting rights as of March 31, 2023. The company reported an issued capital of 247,566,470 ordinary shares, with 43,000 shares held in treasury, resulting in a total of 247,523,470 voting rights. This information is pertinent to shareholders for determining their notification obligations under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules. Endeavour is a significant player in the gold production sector, primarily operating in West Africa. The company emphasizes responsible mining and sustainable value generation for its stakeholders.
Endeavour Mining has announced its 2023 Annual General Meeting (AGM) scheduled for May 11, 2023, at 3:00 PM GMT / 10:00 AM EST. The meeting will be held in London and will allow shareholders to join via an electronic platform.
The Notice of AGM, along with the Management Information Circular and Form of Proxy, has been distributed to shareholders in compliance with UK Listing Rule 9.6.1. Documents are accessible for inspection via the National Storage Mechanism and on Endeavour's official website.
Endeavour Mining is a leading gold producer in West Africa, and emphasizes responsible mining practices. The company operates in several countries, including Senegal, Cote d'Ivoire, and Burkina Faso.
Endeavour Mining announced on March 23, 2023 the purchase of 25,000 ordinary shares at a price of 1,760.58 GBp per share as part of its buyback program initiated on March 20. The transaction was executed through Stifel Nicolaus Europe Limited on March 22. Following the cancellation of the repurchased shares, Endeavour will have 247,485,885 ordinary shares in issue, without any shares in treasury. This figure is crucial for shareholders in determining their interest notifications under the FCA's Disclosure Rules.
Endeavour Mining plc announced on March 20, 2023, the renewal of its Normal Course Issuer Bid (NCIB) for share repurchases, approved by the Toronto Stock Exchange. The NCIB allows Endeavour to repurchase up to 5% of its outstanding shares, totaling 12,387,688 shares, over the next 12 months. The previous NCIB, effective from March 22, 2022, allowed for the purchase of 12,458,989 shares, with 3,864,238 shares acquired at an average price of CDN$ 27.56. Endeavour views this as a strategic use of funds to reflect the company's value amidst market fluctuations.
On March 16, 2023, Endeavour Mining plc disclosed that BlackRock, Inc. crossed a significant shareholder threshold, owning a total of 11.98% of the company's voting rights as of March 13, 2023. This interest comprises 11.91% from direct shares and 0.07% via financial instruments. BlackRock's previous holding was 12%, indicating a minor decrease. The notification is part of regulatory requirements for major holdings, reflecting BlackRock's commitment to maintaining a significant stake in Endeavour Mining.
Endeavour Mining has published its 2022 Annual Report and audited financial statements for the year ending 31 December 2022, available on its website. In compliance with listing regulations, the report is submitted to the National Storage Mechanism for inspection. Shareholders opting for hard copies will receive them in due course. The report includes comprehensive financial data essential for shareholders and investors. An announcement for the 2023 Annual General Meeting will follow shortly.
On March 10, 2023, Endeavour Mining plc announced a transaction involving the purchase of 23,704 ordinary shares at prices ranging from 1,584.00 to 1,626.00 GBp on March 9, 2023. This buyback program, which began on March 17, 2022, will result in no ordinary shares held in treasury, leaving 247,528,885 shares in issue. The average price paid per share was 1,598.67 GBp. Following the cancellation of these shares, the total voting rights will be 247,528,885, which shareholders can use for interest notification under FCA rules.