Report

Endeavour Mining - First indications of exploration success

Only a year into a five-year exploration programme, Endeavour achieved one of its primary objectives in the form of a standalone greenfield discovery at its Tanda-Iguela property in Côte d’Ivoire, where it has successfully delineated 1.1Moz indicated and 1.9Moz inferred resources in less than a year. Almost simultaneously, it announced a 0.75Moz increase in measured & indicated (M&I) resources at Ity (excluding 2022 mine depletion), putting it on track to meet its total exploration target of 15.0–20.0Moz by 2025. Updates for its remaining assets are anticipated in early 2023.
Underlying
ENDEAVOUR MINING PLC

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Alison Turner

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