Wednesday, July 10, 2013

Endeavour Mining Corporation - EDV.t

Endeavour Mining Corporation - EDV.t operates three gold mines in Ghana, Mali and Burkina Faso and has a fourth mine under construction in Côte d'Ivoire.

The company produced 310,778 ounces of gold in 2012, exceeding guidance.


On June 25, 2013 The company released News

Endeavour Mining Corporation ("Endeavour" or the "Corporation") (TSX:EDV, ASX:EVR, OTCQX:EDVMF) announces that the expanded mill at the Tabakoto Gold Mine is now operating at design capacity with June throughput expected to average 4,000 tpd. The expansion and ramp-up have been completed on time and, over the last 10 days, the mill throughput has ranged between 4,300 and 4,600 tpd.

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On January 22, 2013 The company released Q4 Numbers

Endeavour Mining Corporation ("Endeavour" or the "Corporation") (TSX:EDV, ASX:EVR, OTCQX:EDVMF) announces total annual production for 2012 of 310,778 ounces of gold exceeding the 2012 production guidance range of 282,000 to 304,000 ounces.

For 2013, Endeavour expects gold production in the range of 310,000 to 345,000 ounces at a cash cost per ounce (excluding royalties) of $790 to $830, with all gold sold at spot prices due to recent de-hedging transactions. Additional near-term production growth of over 100,000 ozs per year is expected from the Agbaou Gold Mine which is currently in construction (Q1 2014 completion). A recently completed Preliminary Economic Assessment (PEA) shows potential for 160,000 ozs per year from the Houndé Gold Project (Burkina Faso) in 2016.

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