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 successfully restarted operations at its Boungou mine in Burkina Faso as of October 15, 2020, following significant infrastructure improvements and contractor mobilization. The company expects to realize annual synergies between $35 million and $40 million from its integration with SEMAFO, predominantly in procurement and operational efficiencies. The Boungou mine aims to meet the upper end of its 2020 production guidance of 130-150koz at an all-in sustaining cost of $680-725/oz.