Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) said it remains on course to meet its full-year production and cost targets after a robust performance in the first half of 2025, reporting production of 647,000 ounces of gold.
The West Africa-focused precious metals group’s all-in sustaining cost, a measure that reflects the total cost to produce each ounce, was $1,281 per ounce for the period, a modest increase of 4% compared with last year.
Group earnings and cash flow also surged, with free cash flow hitting a record $514 million and net earnings at $444 million for the first half.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose sharply to $1.1 billion, up more than threefold compared with the same period last year.
Shareholders will receive a record interim dividend of $150 million, equivalent to $0.62 per share, and total returns, including buybacks, reached $219 million in the first half,…
