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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 a purchase of 10,000 ordinary shares at a price of 30.59 CAD each from Stifel Nicolaus Europe Limited on 29 March 2022. Post-cancellation of these shares, the company will have 248,476,693 ordinary shares in issue, affecting the total voting rights. This action is part of Endeavour's announced buy-back programme initiated on 17 March 2022. The move aims to enhance shareholder value and reflects the company’s commitment to returning capital to its shareholders.
Endeavour Mining has announced the purchase of 22,400 ordinary shares at a price of 30.80 CAD as part of its buy-back program initiated on 17 March 2022. The transaction, executed through Stifel Nicolaus Europe Limited, took place on 28 March 2022. Following the cancellation of these shares, Endeavour will have 248,486,693 ordinary shares in issue, with this figure serving as the denominator for shareholder notifications under the FCA's rules. This buy-back aims to enhance shareholder value.
Endeavour Mining has published its 2021 Annual Report and financial statements for the year ending December 31, 2021. The report is available on the company’s website and hard copies will be mailed to shareholders upon request. In compliance with listing regulations, a copy of the report is also submitted to the National Storage Mechanism for public inspection. Further announcements regarding the 2022 Annual General Meeting will follow.
Endeavour Mining announced the appointment of Alison Baker as a non-executive director of Capstone Copper Corporation, effective from March 23, 2022. This announcement complies with UK Listing Rule 9.6.14. Endeavour Mining is recognized as a leading gold producer and the largest in West Africa, with assets across Senegal, Cote d'Ivoire, and Burkina Faso. The company emphasizes responsible mining and sustainable value creation.
Endeavour Mining announced the purchase of 81,200 ordinary shares at a price of CAD 31.32 each through Stifel Nicolaus Europe Limited on 23 March 2022. Following the cancellation of these shares, the total number of issued shares will be 249,098,593, with no shares remaining in treasury. This buyback is part of a previously announced buy-back program initiated on 15 June 2021. The move aims to enhance shareholder value and indicates the company's commitment to returning capital to shareholders.
Endeavour Mining has announced the purchase of 50,000 ordinary shares at a price of 31.75 CAD each as part of its ongoing buy-back program. The transaction occurred on 22 March 2022, with Stifel Nicolaus Europe Limited acting as the investment firm. Following this buyback, Endeavour will have 249,025,893 ordinary shares in issue, which will serve as the basis for shareholder voting rights. This initiative aims to enhance shareholder value while indicating the company's commitment to returning capital.
On March 18, 2022, Endeavour Mining announced the purchase of 18,900 ordinary shares at a price of CAD 31.10 each, executed by Stifel Nicolaus Europe Limited. Following the cancellation of these shares, the total number of ordinary shares will be 249,075,893, with that figure representing the total voting rights in the Company. This buyback is part of a program initiated on June 15, 2021. This transaction allows shareholders to assess their interests under the FCA's regulations.
Endeavour Mining reported record FY-2021 results with gold production of 1.54Moz at an AISC of $885/oz, marking a 69% increase from FY-2020. The company generated $1.2 billion in operating cash flow and returned $278 million to shareholders through dividends and buybacks. Despite a net loss of $103 million in Q4-2021 due to a $259 million impairment, adjusted net earnings rose to $577 million for FY-2021. With a healthy cash position of $76 million, Endeavour focuses on organic growth and plans a $150 million minimum dividend for FY-2022.
Endeavour Mining plc has appointed Srinivasan Venkatakrishnan as Chair and Ian Cockerill as Senior Independent Director, effective May 24, 2022. Venkat succeeds Michael Beckett, who is retiring after 12 years. These appointments reflect Endeavour's commitment to high corporate governance standards, aligning with the UK Corporate Governance Code. Venkat, an industry veteran with over 30 years of experience, aims to build on the company's success, while Cockerill brings extensive operational experience from his previous roles in major mining firms.
Endeavour Mining plc announced the purchase of 85,000 ordinary shares at a price of CAD 31.32 each on March 15, 2022, through Stifel Nicolaus Europe Limited. Following the cancellation of these shares, Endeavour will have no treasury shares, leaving 249,094,793 shares outstanding, which shareholders can use for interest calculations under FCA rules. This buyback is part of a previously announced program from June 15, 2021.