Endeavour Mining (TSE:EDV) has released an update.
Endeavour Mining has successfully completed its first gold pour at the Lafigué mine in Côte d’Ivoire, delivering the project both on budget and ahead of schedule in just 21 months. The mine is anticipated to reach commercial production in Q3-2024, with a projection of 90-110koz of gold at an impressively low all-in sustaining cost of $900-975/oz for the upcoming fiscal year. This milestone marks the company’s fifth successful project delivery in West Africa within a decade, reinforcing its growth phase and commitment to enhancing shareholder returns through increased free cash flow and de-leveraging.
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