Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) said it produced 355,000 ounces of gold in the fourth quarter of 2022, a 4% increase on the third quarter.
All-in sustaining costs remained roughly level at around US$954 per ounce.
Total production for the full year rang in at 1.4mln ounces at all-in costs of US$928.
It is the tenth consecutive year that Endevour has either met or beaten guidance.
The company ended 2022 with US$$121mln in net cash, a US$119mln increase from the third quarter number.
Accordingly, Endeavour has declared a US$100mln second-half dividend, taking the total for 2022 to US$200mln.
Additionally, US$24mln worth of shares were repurchased in the fourth quarter of 2022.
Operationally, expansion and development work at Sabodala-Massawa and Lafigué are both on track.
Exploration expenditure for 2023 is budgeted at US$70mln.