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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Endeavour Mining PLC (QX) | USOTC:EDVMF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 22.8339 | 22.8339 | 22.8339 | 0.00 | 00:00:00 |
Canada NewsWire
VANCOUVER, Oct. 15, 2013
VANCOUVER, Oct. 15, 2013 /CNW/ - Endeavour Mining Corporation ("Endeavour" or the "Corporation")
(TSX:EDV, ASX:EVR, OTCQX:EDVMF) announces that mining has begun at its
Agbaou Gold Mine in C?te d'Ivoire. Construction continues on-plan for
initial production in Q1 2014, with recent progress in power line
installation, process plant infrastructure and recruitment.
Agbaou Gold Mine Construction Highlights:
|
About Endeavour Mining Corporation
Endeavour is a gold producer delivering growth.? Endeavour owns three
gold mines producing more than 300,000 ounces per year in Mali, Ghana
and Burkina Faso.? Endeavour's annual gold production is forecast to
exceed 400,000 ounces per year during 2014, including the start-up of
production at the Agbaou Gold Mine in Cote d'Ivoire scheduled for Q1
2014.? In addition, a January 2013 PEA shows potential for
approximately 150,000 ounces per year from the Hound? Project in
Burkina Faso, which is being assessed by a feasibility study during
2013.
Endeavour Mining Corporation is listed on the TSX (symbol EDV) and ASX
(symbol EVR), and also trades on the OTCQX (symbol EDVMF).
On behalf of Endeavour Mining Corporation
Neil Woodyer
Chief Executive Officer
This news release contains "forward-looking statements" including but
not limited to, statements with respect to Endeavour's plans and
operating performance, the estimation of mineral reserves and
resources, the timing and amount of estimated future production, costs
of future production, future capital expenditures, and the success of
exploration activities. Generally, these forward-looking statements can
be identified by the use of forward-looking terminology such as
"expects", "expected", "budgeted", "forecasts" and "anticipates".
Forward-looking statements, while based on management's best estimates
and assumptions, are subject to risks and uncertainties that may cause
actual results to be materially different from those expressed or
implied by such forward-looking statements, including but not limited
to: risks related to the successful integration of acquisitions; risks
related to international operations; risks related to general economic
conditions and credit availability, actual results of current
exploration activities, unanticipated reclamation expenses; changes in
project parameters as plans continue to be refined; fluctuations in
prices of metals including gold; fluctuations in foreign currency
exchange rates, increases in market prices of mining consumables,
possible variations in ore reserves, grade or recovery rates; failure
of plant, equipment or processes to operate as anticipated; accidents,
labour disputes, title disputes, claims and limitations on insurance
coverage and other risks of the mining industry; delays in the
completion of development or construction activities, changes in
national and local government regulation of mining operations, tax
rules and regulations, and political and economic developments in
countries in which Endeavour operates. Although Endeavour has attempted
to identify important factors that could cause actual results to differ
materially from those contained in forward-looking statements, there
may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such statements
will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements. Please refer to Endeavour's most recent Annual Information
Form filed under its profile at www.sedar.com for further information respecting the risks affecting Endeavour and
its business.
SOURCE Endeavour Mining Corporation
Image with caption: "Clearing for Agbaou Process Plant, September 2012 (CNW Group/Endeavour Mining Corporation)". Image available at: http://photos.newswire.ca/images/download/20131015_C4015_PHOTO_EN_32061.jpg
Image with caption: "Agbaou Gold Mine process plant aerial, October 2013 (CNW Group/Endeavour Mining Corporation)". Image available at: http://photos.newswire.ca/images/download/20131015_C4015_PHOTO_EN_32062.jpg
Image with caption: "91KV transformer being lifted into place (CNW Group/Endeavour Mining Corporation)". Image available at: http://photos.newswire.ca/images/download/20131015_C4015_PHOTO_EN_32063.jpg
Image with caption: "Process plant 91KV substation (CNW Group/Endeavour Mining Corporation)". Image available at: http://photos.newswire.ca/images/download/20131015_C4015_PHOTO_EN_32064.jpg
Image with caption: "Crushing vault and conveyor (CNW Group/Endeavour Mining Corporation)". Image available at: http://photos.newswire.ca/images/download/20131015_C4015_PHOTO_EN_32065.jpg
Image with caption: "Mining commences on South Pit (CNW Group/Endeavour Mining Corporation)". Image available at: http://photos.newswire.ca/images/download/20131015_C4015_PHOTO_EN_32066.jpg
Image with caption: "CAT 777s on South Pit haul road (CNW Group/Endeavour Mining Corporation)". Image available at: http://photos.newswire.ca/images/download/20131015_C4015_PHOTO_EN_32067.jpg
Image with caption: "New Agbaou Primary School (CNW Group/Endeavour Mining Corporation)". Image available at: http://photos.newswire.ca/images/download/20131015_C4015_PHOTO_EN_32068.jpg
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