Welcome to our dedicated page for ENDEAVOUR MNG news (Ticker: EDVMF), a resource for investors and traders seeking the latest updates and insights on ENDEAVOUR MNG 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 plc announced the purchase of 45,000 ordinary shares at a price of 31.39 CAD each on 27 April 2022, as part of its previously announced buy-back program. Following the cancellation of these shares, Endeavour will have 248,445,012 ordinary shares in issue, impacting total voting rights. The buy-back program aims to enhance shareholder value and is a strategic move in the context of the company's ongoing operations in West Africa.
On April 25, 2022, Endeavour Mining plc received a notification from BlackRock, Inc. regarding their shareholding changes as of April 22, 2022. BlackRock reported holding 12.33% of Endeavour Mining's voting rights, consisting of 11.80% from direct shares and 0.53% from financial instruments. This indicates an increase from previous holdings of 12.08%. The notification includes details on the acquisition of voting rights and the full chain of controlled undertakings under BlackRock, reflecting its ongoing investment strategy in the mining sector.
Endeavour Mining has announced the purchase of 20,000 ordinary shares at a price of 31.28 CAD each on 26 April 2022, as part of its ongoing buy-back program initiated on 17 March 2022. Following the cancellation of these shares, the total number of ordinary shares will be 248,490,012, impacting shareholders' voting rights. This initiative aims to enhance shareholder value and was executed by Stifel Nicolaus Europe Limited.
Endeavour Mining plc (OTCQX: EDVMF) has announced its 2022 Annual General Meeting (AGM) scheduled for May 24, 2022. The AGM will take place at 2 PM London time and will be held in a hybrid format, allowing both in-person and online participation.
Shareholders will receive materials and proxy forms by post. Srinivasan Venkatakrishnan and Ian Cockerill are nominated for election to the Board, while Sofia Bianchi and Dr. Carmen Letton will not seek re-election. A copy of the AGM notice is available on Endeavour's website.
Endeavour Mining announced the purchase of 35,000 ordinary shares at a price of 33.55 CAD each on 21 April 2022 through Stifel Nicolaus Europe Limited. This transaction is part of Endeavour's share buy-back program initiated on 17 March 2022. Following the cancellation of these shares, the company will have 248,524,212 ordinary shares in circulation, which will serve as the basis for voting rights calculations as required by the FCA's Disclosure Guidance and Transparency Rules.
Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) will announce its Q1-2022 financial results on 5 May 2022, prior to the London Stock Exchange market opening. Management will conduct a conference call and webcast on the same day at 8:30 am ET / 1:30 pm GMT to discuss the results. Analysts and investors can join the call using the provided dial-in numbers. The conference call will also be available for playback on Endeavour's website.
Endeavour Mining announced a share buyback on April 8, 2022, acquiring 10,000 ordinary shares at a price of 31.45 CAD each from Stifel Nicolaus Europe Limited. After canceling these shares, the total number of ordinary shares in circulation will be 248,459,952, impacting voting rights accordingly. This transaction is part of Endeavour's ongoing buy-back program initiated on March 17, 2022. The shares repurchased will leave the company with no ordinary shares in treasury.
Endeavour Mining announced the purchase of 19,800 ordinary shares at a price of 30.88 CAD each on April 7, 2022 as part of its buy-back program initiated on March 17, 2022. Following this transaction, the company will have 248,469,952 ordinary shares in issue, with no shares held in treasury. The shares were acquired from Stifel Nicolaus Europe Limited, and the total voting rights in the company will remain at 248,469,952. This buy-back initiative aims to create sustainable value for shareholders.
Endeavour Mining has announced the purchase of 24,400 ordinary shares at a price of 30.75 CAD each on April 6, 2022. This buyback is part of their share repurchase program initiated on March 17, 2022. Post-cancellation, the total number of ordinary shares in issue will stand at 248,489,752. This number will serve as the denominator for shareholder notifications per FCA's regulation. The company emphasizes its commitment to responsible mining and creating sustainable shareholder value.
Endeavour Mining plans to expand its Sabodala-Massawa complex in Senegal, following a robust Definitive Feasibility Study (DFS). The expansion includes a 1.2Mtpa BIOX® plant to process high-grade refractory ore, targeting an incremental production of 1.35Moz at a low AISC of $576/oz. The project is projected to yield an average annual production of 373koz over the next five years, with a strong after-tax IRR of 72% and a quick payback period of 1.4 years. Construction is set to start in Q2-2022, with first gold expected in early 2024.