Endeavour Mining
US$(143.6) million (2023)[2] | |
Subsidiaries | Semafo, Teranga, Societe des Mines d'Ity S.A. (Côte d'Ivoire), Houndé Gold Operations SA (Burkina Faso) |
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Website | endeavourmining |
Endeavour Mining plc is a multinational
History
The company, 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.[3]
It acquired Etruscan Resources (including the Agbaou mine in Côte d'Ivoire) in June 2010.[4]
Endeavor announced in June 2017 that it would purchase Avnel Gold Mining Limited for C$159 million. Avnel held an 80% interest in the Kalana Gold project in Mali and exploration permits in the surrounding area.[5]
Woodyer stood down as CEO and was replaced by Sébastien de Montessus in May 2016.[6]
In July 2020, the company acquired Semafo for its Mana and Boungou gold mines in Burkina Faso.[7]
In February 2021, the company acquired Teranga Gold Corporation for its Sabodala-Massawa gold mine in Senegal and its Wahgnion gold mine in Burkina Faso.[8]
The company was subject to an initial public offering on the London Stock Exchange in June 2021.[9]
In January 2024, De Montessus was dismissed from his position as CEO due to allegations of serious misconduct over an irregular payment instruction associated with an asset disposal.[10] Ian Cockerill was appointed CEO.[11]
References
- ^ "Leadership - Endeavour Mining". Endeavour Mining. Archived from the original on 5 January 2024. Retrieved 5 January 2024.
- ^ a b c "Annual Results 2023" (PDF). Endeavour Mining. Retrieved 27 March 2024.
- ^ "Neil Woodyer". Aris Gold. Retrieved 25 August 2021.
- ^ "Endeavour to take the rest of Etruscan Resources". The Northern Miner. 29 June 2010. Retrieved 25 August 2021.
- ^ "Endeavour Mining To Acquire Avnel Gold for C$159 Million". www.juniorminingnetwork.com. Retrieved 29 June 2017.
- ^ "Woodyer, founding CEO of Endeavour Mining, to step down". Mining MX. 9 May 2016. Retrieved 25 August 2021.
- ^ "Canada clears Endeavour Mining-Semafo merger". mining.com. 26 June 2020.
- ^ "Endeavour Completes Teranga Acquisition to Create New Senior Gold Producer". GlobeNewswire. 10 February 2021.
- ^ "Endeavour Mining shares begin trading on London Stock Exchange's main market". Proactive Investors. 14 June 2021. Retrieved 25 August 2021.
- ISSN 0261-3077. Retrieved 5 January 2024.
- ^ "Endeavour Mining ousts CEO over 'serious misconduct'". Reuters. 6 January 2024. Retrieved 6 January 2024.
External links
- Official website
- Business data for Endeavour Mining: