HomeMarket NewsMiningEndeavour pours first gold at Senegal mine expansion

Endeavour pours first gold at Senegal mine expansion

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Commercial production at the expansion project is expected late in the second quarter and it will ramp up to its nameplate capacity of 1.2 million tonnes a year in the third quarter.

The $290 million Sabodala-Massawa BIOX expansion is the fourth capital project Endeavour Mining has completed in the last ten years.

“This is a testament to the quality of our projects team and the competitive advantage we have in West Africa,” chief executive Ian Cockerill said in the statement.

The gold miner is starting to shift focus to delivering the Lafigué project, in Côte d’Ivoire. This is expected in the coming weeks, which it will be a full quarter ahead of schedule.

The news injects some positivism into Endeavour Mining’s recent history, which was tainted by the firing earlier this year of former president and chief executive officer Sébastien de Montessus for serious misconduct.

The announcement also follows accusations of misrepresentation over the sale of two African gold mines, Wahgnion and Boungou in Burkina Faso, as the fallout from the tenure of the ousted executive continues.


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