Endeavour Mining

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Endeavour Mining
TypePublic
LSEEDV
TSXEDV
OTCQXEDVMF
IndustryMining
Founded1988
HeadquartersLondon, England
Number of locations
Three main locations: Burkina Faso, Côte d'Ivoire and Mali
ProductsGold
RevenueIncrease US$1,424.1 million (2020)[1]
Increase US$338.2 million (2020)[1]
Increase US$133.9 million (2020)[1]
SubsidiariesSemafo, Agbaou Gold Operations S.A. (Côte d'Ivoire), Societe des Mines d'Ity S.A. (Côte d'Ivoire), Houndé Gold Operations SA (Burkina Faso), Riverstone Karma SA (Burkina Faso)
Websitewww.endeavourmining.com

Endeavour Mining is a multi-national mining company that owns and operates the gold mines in Côte d'Ivoire, Burkina Faso and Mali. The company is headquartered in the Cayman Islands, operated from its corporate office in London, England and has cross listed on the London Stock Exchange in the United Kingdom, the Toronto Stock Exchange in Canada and Over-The-Counter in the United States. It is a constituent of the FTSE 250 Index.

History[]

The company, which was established by a team led by Neil Woodyer as Endeavour Financial in 1988, diversified from mining finance to mining operations in the early 21st century.[2]

It acquired Etruscan Resources (including the Agbaou mine in Côte d'Ivoire) in June 2010.[3]

In June 2017 Endeavour announced it would purchase Avnel Gold Mining Limited for C$159 million. Avnel held an 80% interest in the Kalana Gold project in Mali as well as exploration permits in the surrounding area.[4]

Woodyer stood down as CEO and was replaced by Sébastien de Montessus in May 2016.[5]

In July 2020 the company acquired Semafo for its gold mines in Mana and Boungou mines in Burkina Faso.[6]

The company was subject to an initial public offering on the London Stock Exchange in June 2021.[7]

References[]

  1. ^ a b c "Annual Results 2020" (PDF). Endeavour Mining. Retrieved 25 August 2021.
  2. ^ "Neil Woodyer". Aris Gold. Retrieved 25 August 2021.
  3. ^ "Endeavour to take the rest of Etruscan Resources". The Northern Miner. 29 June 2010. Retrieved 25 August 2021.
  4. ^ "Endeavour Mining To Acquire Avnel Gold for C$159 Million". www.juniorminingnetwork.com. Retrieved 29 June 2017.
  5. ^ "Woodyer, founding CEO of Endeavour Mining, to step down". Mining MX. 9 May 2016. Retrieved 25 August 2021.
  6. ^ "Canada clears Endeavour Mining-Semafo merger". mining.com. 26 June 2020.
  7. ^ "Endeavour Mining shares begin trading on London Stock Exchange's main market". Proactive Investors. 14 June 2021. Retrieved 25 August 2021.
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