Gold production is slated to increase to about 200,000 ounces in financial year 2025, the company backed by Egyptian billionaire Naguib Sawiris said.
“We discovered Lafigué for a cost of $31 million, equivalent to an industry-low discovery cost of just $12 per ounce of measured and indicated resources,” chief executive Ian Cockerill said in the statement.
The gold and silver miner’s leader expressed pride in reaching the milestone at Lafigué. Cockerill noted that the achievement, coupled with the inaugural gold pour at the Sabodala-Massawa expansion earlier in April, marked the fruitful culmination of Endeavour’s investment and expansion efforts initiated in the second quarter of 2022.
“We believe this level of value creation is repeatable in West Africa, and we have already identified the…
