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Share Price Information for Endeavour Mining (EDV)

London Stock Exchange
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Share Price: 1,717.00
Bid: 1,702.00
Ask: 1,709.00
Change: -2.00 (-0.12%)
Spread: 7.00 (0.411%)
Open: 1,725.00
High: 1,743.00
Low: 1,700.00
Prev. Close: 1,719.00
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Endeavour expects first gold from Sabodala-Massawa in May

Tue, 27th Feb 2024 07:48

(Sharecast News) - Mining group Endeavour has announced that wet commissioning activities are now underway at the Sabodala-Massawa Expansion project in Senegal, with first gold expected in early May.

The company said that the expansion, known as BIOX Expansion, is on budget with construction now 91% complete, including more than 3m man-hours and no lost time to injuries. Construction activities at the asset began in April 2022.

The Sabodala-Massawa project, which Endeavour expects will "become a true top-tier asset", is expected to produce between 360,000 and 400,000 ounces at an all-in sustaining cost of $750-850 per ounce. Costs are expected to improve further in the coming years.

"We are extremely pleased with our progress as we start wet commissioning at the BIOX® Expansion project," said Endeavour chief executive Ian Cockerill.

"Importantly, we have achieved this milestone with no lost-time injuries having worked more than three million man hours, which is a testament to the strong safety culture that is a hallmark of our in-house construction teams."

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16 Mar 2022 16:13

Endeavour Mining names Srinivasan Venkatakrishnan as chairman designate

(Sharecast News) - Africa-focussed mining firm Endeavour Mining revealed on Wednesday that it had tapped Srinivasan Venkatakrishnan to take over as chairman, effective 24 May.

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11 Mar 2022 11:49

IN BRIEF: Endeavour Mining sells 90% interest in Karma mine

Endeavour Mining PLC - London-based mining company focused on the Ivory Cost, Burkina Faso and Mali - Closes the sale of its 90% interest in the Karma mine in Burkina Faso. The sale is for USD25 million plus a 2.5% net smelter return royalty. The interest is sold to Burkina Faso-based mining company Nere Mining. Endeavour lowers its production guidance from continuing operations to account for the removal of Karma to 1.3 million to 1.4 million ounces from 1.4 million to 1.5 million ounces.

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11 Mar 2022 07:15

Endeavour Mining sells interest in Burkina Faso mine for up to $25m

(Sharecast News) - Endeavour Mining said it had sold its 90% interest in its non-core Karma mine in Burkina Faso to Néré Mining for up to $25m plus a 2.5% net smelter return royalty.

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2 Mar 2022 18:18

TOP NEWS: Evraz and Polymetal exit FTSE 100 amid Russia fallout

(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, March 21 after completing its quarterly review.

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1 Mar 2022 10:46

Evraz and Polymetal to leave FTSE 100, Howden set to join

(Sharecast News) - Evraz and Polymetal International will drop out of the FTSE 100 after the shares were hammered by Russia's invasion of Ukraine with Howden Joinery ready to join the index of top public companies.

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24 Jan 2022 19:05

IN BRIEF: Endeavour Mining annual gold output rises

IN BRIEF: Endeavour Mining annual gold output rises

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24 Jan 2022 08:20

Endeavour mining ends strong year in line with guidance

(Sharecast News) - Endeavour Mining reported "strong" fourth quarter production of 398,000 ounces on Monday, up 4% over the third quarter, while its all-in sustaining costs remained stable at around $900 per ounce.

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21 Jan 2022 09:38

LONDON BROKER RATINGS: Berenberg ups Rentokil; Citi cuts Computacenter

LONDON BROKER RATINGS: Berenberg ups Rentokil; Citi cuts Computacenter

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17 Jan 2022 09:49

Endeavour Mining discovers record 3m ounces in 2021

(Sharecast News) - Endeavour Mining announced the discovery of a record three million ounces of measured and indicated resources in 2021 on Monday, at a cost of $16 per ounce, exceeding its discovery target for the year of 2.5 million ounces.

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13 Jan 2022 14:26

IN BRIEF: Caracal Gold hires CFO and manager for Kilimapesa gold mine

IN BRIEF: Caracal Gold hires CFO and manager for Kilimapesa gold mine

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13 Jan 2022 09:35

LONDON BROKER RATINGS: UBS double upgrades Direct Line to Buy

LONDON BROKER RATINGS: UBS double upgrades Direct Line to Buy

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9 Dec 2021 09:27

LONDON BROKER RATINGS: Morgan Stanley upgrades Rio Tinto and Polymetal

LONDON BROKER RATINGS: Morgan Stanley upgrades Rio Tinto and Polymetal

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22 Nov 2021 09:25

LONDON BROKER RATINGS: Stifel cuts Auto Trader to Hold from Buy

LONDON BROKER RATINGS: Stifel cuts Auto Trader to Hold from Buy

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11 Nov 2021 09:57

Endeavour Mining on track to beat full-year production guidance

(Sharecast News) - Endeavour Mining reported a strong set of third quarter results on Thursday morning, as it told the market it was "well-positioned" to beat full-year production guidance.

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4 Nov 2021 16:05

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

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