Investments and investor services
Canadian markets close down, mirroring global markets
The IMF cut Canada's economic growth forecast nearly half a percentage point to 1.5% in its new World Economic Outlook
Company
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.
267 stories · page 13 of 14
Investments and investor services
The IMF cut Canada's economic growth forecast nearly half a percentage point to 1.5% in its new World Economic Outlook
The Ity CIL project is expected to produce between 160,000 to 200,000 ounces in 2019 at a cost of around US$590 per ounce
Now, commercial production at the site is expected to be declared in the early second quarter of 2019
The company announced Ian Cockerill has stepped down from its Board of Directors
The miner has five operating mines in the Birimian greenstone belt
The industry veteran makes a lateral move from Centamin PLC
Ore is expected to be introduced into the process plant milling circuit in the coming days, the group said
In the Ivory Coast, the company has the Agbaou and Ity projects. In Burkina Faso there is the Houndé mine and Karma mine, and in Mali, it has the Tabakoto mine
Under the deal, a company owned by Didier Drogba was granted 1 million common shares
In Toronto, the company is keeping its ABX symbol, while in New York the ticker is GOLD
Gold intercepts were returned in most holes drilled by Toro Gold Limited in a 2,000-metre program.
Edison estimates that the Kari Pump gold discovery will have a value of US$117 million, or US$1.09 per share
The resource is for the Lafigue target and the firm has also identified 14 further nearby targets
Some of the biggest names in gold mining are now present in Cote d'Ivoire
Nearly 32,000 meters have been sunk on the priority property during 2017-2018, the group said
Endeavour's current ownership at the mine ranges from between 80% to 90%, it said
Previous drilling intersected 7.5 metres at 16 g/t gold from surface.
“Although M&A got itself a bad name as the result of over-enthusiastic prices being paid for assets at the top of the cycle, it remains a mechanism through which companies both build their businesses or transform their status,” the analysts
Leading junior gold mining ETF the GDXJ is expanding its investing universe in what's known as a "re-balancing", and the effects aren't all positive
Gold production for the year came in at 829,705oz – a 12% increase on 2015’s figures