Articles for tag: Endeavour, expansion, Gold, pours, Senegal

April 29, 2024

Ron Finklestien

mining

Endeavour pours first gold at Senegal mine expansion

Lawrence Manjengwa, vice president and head of operations at Sabodala-Massawa, pictured with the first gold bar from the expansion. (Image courtesy of Endeavour Mining.) Lawrence Manjengwa, vice president and head of operations at Sabodala-Massawa, pictured with the first gold bar from the expansion. (Image courtesy of Endeavour Mining.) Lawrence Manjengwa, vice president and head of operations at Sabodala-Massawa, pictured with the first gold bar from the expansion. (Image courtesy of Endeavour Mining.) 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

January 24, 2024

Ron Finklestien

mining

Endeavour Silver’s Terronera Project Navigates Obstacles to Reach End-of-Year Milestone

It’s a relentless push to the finish line for Endeavour Silver’s much-anticipated Terronera Project, located within the revered Sierra Madre volcanic belt, which boasts the majority of Mexico’s silver and gold deposits. Despite enduring formidable headwinds including a bolstered Mexican peso, prevailing inflation, and a constricted market for essential supplies, progress at Terronera steadfastly marches onward. According to Dan Dickson, Endeavour’s CEO, “We remain confident in our commissioning schedule, our updated capital cost estimate, and our ability to address these challenges as we advance the project for the benefit of all stakeholders.” The project’s revised capital expenditure now stands at

January 23, 2024

Ron Finklestien

mining

Endeavour Mining Faces Strike at Second-largest Gold Mine Endeavour Mining Faces Strike at Second-largest Gold Mine

Since Jan. 4, when Endeavour dismissed Sébastien de Montessus, the company’s shares have plummeted by over 23%. Both the company and the former executive have kept the location and specific asset in question undisclosed. Endeavour recently discovered the payment instruction during a review of acquisitions and disposals, an ongoing process. Over the last two years, the company has offloaded mines in Burkina Faso and its interest in an Ivory Coast gold project. One of Endeavour’s pivotal assets, the Houndé gold mine, which commenced production in 2017, contributed to almost 30% of the 1.1 million ounces of gold produced by the