Endeavour CEO surprised by Barrick talk amid Mali exit
ENDEAVOUR Mining CEO Ian Cockerill said speculation in June linking his company with Barrick Mining made no sense because he would only be likely to back mergers and acquisitions…
Fortuna nears final Senegal gold permit
FORTUNA Mining expects to secure the final construction permit for its Diamba Sud gold project in Senegal within weeks in a development that will diversify the country’s mining,…
Cockerill’s 20-bagger: why discovery gives Endeavour edge
“IN an earlier life I must have been a fireman because instead of displaying rational behaviour in situations like this and running away, I tend to run towards them”. So said Ian…
Endeavour CEO says West Africa still key to future
ENDEAVOUR Mining said it was committed to West Africa despite signing a joint venture to look for gold in Kazakhstan, and mining code uncertainty in the region. The JV with East…
Endeavour continues share buy-backs, targets higher cash flow
ENDEAVOUR Mining bought back $22m of its own shares so far this year, and said it would opportunistically repurchase more as it sought to boost its promised minimum dividend of…
Endeavour declares record final dividend
ENDEAVOUR Mining announced a record dividend of 57 US cents per share or $140m following improved cash generation in the second half of its 2024 financial year. This takes the…
Endeavour to increase focus on “supplemental returns”
IAN Cockerill, CEO of Endeavour Mining, said the company will increase its focus “on supplemental returns” following a one-fifth leap in third quarter free cash flow. The West…
Endeavour breaches net debt target as gold output falls 22%
WEST African gold producer Endeavour Mining’s production dropped 22% in the quarter to end-March compared with the December 2023 quarter negatively affecting its production…
Endeavour pours first gold from $290m Sabodala Massawa expansion
ENDEAVOUR Mining said on Monday it had poured first gold from its Sabodala Massawa expansion at its Senegal mine, two years after starting the $290m project. The expansion, which…
Cockerill pledges continuity sans controversy at Endeavour
ENDEAVOUR Mining CEO Ian Cockerill promised strategic continuity without the controversy, saying at the gold miner’s 2023 results presentation on Wednesday that he intended to…
Endeavour to progress CEO probe “as quickly as possible”
ENDEAVOUR Mining said it planned to progress an investigation into the activities of its former CEO Sébastien de Montessus “as quickly as possible”. De Montessus was dismissed…
Endeavour may sell Burkina Faso mines as national security deteriorates
ENDEAVOUR Mining is prepared to sell its Burkina Faso mines with the firm’s CEO Sébastien de Montessus describing assets in the West African country as “non core”. Commenting in…
De Montessus promises “spectacular” gold discoveries as Burkina mine Boungou depletes
ENDEAVOUR Mining CEO, Sébastien de Montessus said he would provide information on “spectacular” new gold discoveries that have come out of the firm’s $80m exploration drive this…
Endeavour Mining completes first instalment of 10-year exploration drive
ENDEAVOUR Mining said it had discovered three million ounces of gold registered in the measured and indicated categories at its West African mines marking the successful close of…
Endeavour concludes refinancing with pricing of $500m note
ENDEAVOUR Mining said on Thursday it had concluded the issue of $500m in senior notes as part of a major refinancing of the gold producer’s balance sheet. The notes will pay…
Endeavour Mining sets out ambitious ten-year, 20m oz gold exploration strategy
ENDEAVOUR Mining aims to discover between 15 million to 20 million ounces of gold from seven assets in an effort to extend the life of its mines beyond 10 years. This is in terms…