ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

EDR Egdon Resources Plc

4.40
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Egdon Resources Plc EDR London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 4.40 00:00:00
Open Price Low Price High Price Close Price Previous Close
4.40
more quote information »

Egdon Resources EDR Dividends History

No dividends issued between 13 Feb 2015 and 13 Feb 2025

Top Dividend Posts

Top Posts
Posted at 13/2/2025 00:36 by stu31
Endeavour Silver provides a Q4 2024 Construction Progress Update on Terronera; Surface Construction Progress Nearly 90% Complete
07/02/2025 11:50am

Endeavour Silver Corp. ("Endeavour" or the "Company") (NYSE: EXK; TSX: EDR) provides a Q4 2024 construction progress update for its Terronera Project in Jalisco state, Mexico. A photo gallery presentation accompanies this news release and can be found here or on the Company website at Terronera Project Progress Photos. All dollar ($) references in this news release are in United States dollars.
Substantial progress was achieved on Terronera’s Upper Plant Platform during the fourth quarter with systems commissioning underway. Focus continues on the Lower Platform.

“Endeavour Silver’s Terronera Project is nearing completion,” commented Don Gray, Chief Operating Officer. “Dry commissioning is advancing well on the Upper Platform and we’re completing final installations and the last of the punch list items. Our team’s efforts are concentrated on timely completion of the Lower Platform where structural steel is advancing to install the tailing filters. We’re focused on maintaining our construction schedule and momentum to have Terronera ready for full commissioning in early Q2 2025.”

Q4 2024 Construction and Development Highlights

Site works and activities as of December 31, 2024:

Safety – The Health and Safety Program and Procedures are complete and ready for transition from construction and commissioning into operations.

Community Relations – Community support and the hiring and training of local employees continues to be a priority.

Progress – Overall project progress reached 89.4% completion. Current capital expenditures are approximately $302 million as of December 31, 2024. Management estimates total project spend of $332 million.

Mine Development – During the fourth quarter, 1,694 metres were developed underground for a project total of 7,239 metres. Of note, the underground explosives magazine storage permit was approved, which will improve development efficiencies.

Upper Plant Platform Site – Much of the construction is complete with final punch list items being addressed and various areas being handed over to the commissioning and operations teams.

Primary Crusher – The Primary Jaw Crusher commissioning was completed, and the area was transferred to operations. A total of 6,000 tonnes of ore has been crushed.

Grinding – Commissioning of the grinding circuit commenced with successful SAG and ball mill testing for multiple hours at full operating speed to check bearing temperatures, vibrations and lubrication systems under no-load conditions.

Flotation – Flotation equipment, including pumps, tanks, verti-mill, low pressure blowers and instrumentation have been installed. Remaining items for installation include pressure relief valves, hoses, and final piping.

Raw and Process Water Tanks – Installation and hydro-testing are 100% complete.

Lower Platform Facilities and Tailing Storage Facility (TSF) – Lower Platform area was 42% complete.

TSF Main Embankment – The main embankment reached the 1,185-metres elevation and the TSF facility is ready to receive filtered tailing.

Tailing Filters – Swing plates mounted below both tailing filters were installed, and first floor concrete was poured; structural steel installation is advancing for the second floor prior to installing the filter press.

Tailing Area Tanks – Storage tanks have been assembled; hydro testing and anchoring will be completed in Q1 2025.

Event Pond Liner – The pond area liner was installed; the feed and overflow channel lining will be completed in Q1 2025 (completed in January).

Upper surface water diversion canal – The TSF diversion canal for the south and east perimeters is nearly 90% complete.

Concentrate Filter Building – Second concrete floor was poured and is ready for installing the concentrate filter.

Auxiliary Buildings

Laboratory Building – Construction was completed, and the facility was turned over to operations.

Plant Maintenance Building – Reached 80% completion and is scheduled for completion mid-Q1 2025.

Onsite Personnel – At the end of Q4, the Terronera workforce included 297 Endeavour Silver employees and 821 contract workers.
Updated Initial Capital Cost

The project team conducted a comprehensive review of the remaining Terronera completion costs. The Company forecasts initial capital costs to be $332 million (see table below). The mining cost increase of approximately $16 million is related to the extended project schedule as well as increased waste rock disposal costs, including hauling, placement at the temporary waste dump and construction of the permanent waste rock dump. Mineral process plant costs, which includes the lower platform and tailing facility construction, are estimated to be approximately $13 million over budget. These costs include additional work for expediting structural steel fabrication, blasting required for lower platform excavation, offsite materials purchased for tailing facility construction, extra work required for supporting the cut above the lower platform elevation and contractor indirect costs. The $2.2 million increase for site infrastructure is related to the additional scope for constructing the mill shop, warehouse and assay/met lab and temporary power generation. Total project indirect costs increased by $29 million, offset with the $8.7 million contingency. Owner costs increased due to additional engineering, construction management, enlarging the camp capacity and adding several administrative support buildings (e.g., offices and training). Project indirect costs increased due to the extended project schedule and a larger workforce, overlapping project construction and completion activities.

(millions) 2024 Revised Scenario
Initial Capex 2025 Updated Scenario
Initial Capex Variance
Mining $83.80 $100.20 $16.40
Mineral Processing Plant $64.80 $78.00 $13.20
Site Infrastructure $56.20 $58.40 $2.20
Total Direct Costs $204.80 $236.60 $31.80
Owner Costs $33.30 $50.30 $17.00
Project Indirect Costs $24.20 $45.10 $20.90
Contingency $8.70 - ($8.70)
Total Indirect Costs $66.20 $95.40 $29.20
Total (Direct & Indirect) $271.00 $332.00 $61.00

Next Steps and Planning

The Terronera Project is anticipated to begin full system commissioning in early Q2 2025.

For Q1 2025, Upper Platform efforts will focus on installing remaining items, punch list completion, and commissioning. The TSF Main Embankment is anticipated to reach the final 1,198-metre elevation and tailing and concentrate filters will be installed, along with final piping, electrical and instrumentation work. The remaining critical path items are the tailing filter presses, which are expected to be completed by early Q2 2025. The Company plans to provide operational guidance as construction approaches wet commissioning.

Visit www.terronera.com, our dedicated project website, to stay informed on the ongoing development at Terronera. Explore updates, learn about our commitment to environmental stewardship, and discover the positive impacts on local communities.

About Endeavour Silver: Endeavour is a mid-tier precious metals company committed to sustainable and responsible mining practices. With operations in Mexico and the development of the new cornerstone mine in Jalisco State, the Company aims to contribute positively to the mining industry and the communities in which it operates. In addition, Endeavour has a portfolio of exploration projects in Mexico, Chile, and the United States, which has helped it achieve its goal of becoming a premier senior silver producer.
Posted at 24/11/2024 23:36 by stu31
Endeavour Silver Corp. Announces US$73 Million Bought Deal Financing
20/11/2024 11:59am

Endeavour Silver Corp. ("Endeavour" or the "Company") (NYSE: EXK; TSX: EDR) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by BMO Capital Markets, pursuant to which the Underwriters have agreed to buy on a bought-deal basis 15,825,000 common shares of the Company (the “Common Shares”), at a price of US$4.60 per Common Share for aggregate gross proceeds of approximately US$73 million (the “Offering̶1;). The Company has granted the Underwriters an option, exercisable in whole or in part for a period of 30 days following the closing of the Offering, to purchase up to an additional 10% of the Common Shares offered under the Offering to cover over-allotments, if any.
The principal objectives for use of the net proceeds of the Offering are for general working capital and the advancement of the Pitarrilla Project.

The Offering is expected to close on or about November 27, 2024 and is subject to Endeavour receiving all necessary regulatory approvals and the approval of the Toronto Stock Exchange and the New York Stock Exchange.

The Common Shares will be offered in all provinces of Canada (except Quebec) pursuant to a short form base shelf prospectus (the “Base Shelf Prospectus”) as accompanied by a prospectus supplement (the “Prospectus Supplement”) and will be offered in the United States pursuant to a prospectus supplement to a base shelf prospectus forming part of the Company’s registration statement on Form F-10 (together with any amendments thereto, the “Registration Statement”) registering the Common Shares under the United States Securities Act of 1933, as amended, pursuant to the Multi-Jurisdictional Disclosure System adopted by the United States and Canada. The final prospectus supplement will be filed with the securities commissions and other similar regulatory authorities in each of the provinces of Canada, except Quebec, and the United States, within two business days. The Common Shares may also be offered on a private placement basis in certain jurisdictions outside of Canada and the United States pursuant to applicable prospectus exemptions. However, there will not be any sale of Common Shares in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the applicable securities laws of such province, state or jurisdiction.

A final base shelf prospectus containing important information relating to the securities described in this document has been filed with the securities regulatory authorities in all provinces of Canada (except Quebec). Copies of the final base shelf prospectus and any applicable shelf prospectus supplement may be obtained from BMO Capital Markets for which contact details are provided below. This document does not provide full disclosure of all material facts relating to the Common Shares. Investors should read the final base shelf prospectus, the accompanying prospectus supplement and any amendments thereto for disclosure of those facts, especially risk factors relating to the Common Shares, before making an investment decision. Investing in the Common Shares involves risk. See “Risk Factors” in the final base shelf prospectus and in the prospectus supplement. Endeavour has filed the Registration Statement with the U.S. Securities and Exchange Commission (“SEC”) for the Offering to which this communication relates. Before you invest, you should read the prospectus supplement relating to the Offering, the Registration Statement and other documents Endeavour has filed with the SEC for more complete information about Endeavour and the Offering.

Copies of the applicable offering documents, when available, can be obtained free of charge under the Company’s profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.

Access to the Prospectus Supplement, the Base Shelf Prospectus and any amendments thereto are provided in Canada in accordance with securities legislation relating to the procedures for providing access to a shelf prospectus supplement, a base shelf prospectus and any amendment to such documents. The Base Shelf Prospectus is, and the Prospectus Supplement will be (within two business days from the date hereof), accessible through SEDAR+. An electronic or paper copy of these documents, when available, may be obtained, without charge, in Canada from BMO Nesbitt Burns Inc. by mail at Brampton Distribution Centre c/o The Data Group of Companies, 9195 Torbram Road, Brampton, ON, L6S 6H2, by telephone at 905-791-3151 Ext 4312, or by email at torbramwarehouse@datagroup.ca and in the United States from BMO Capital Markets Corp., Attn: Equity Syndicate Department, 151 W 42nd Street, 32nd Floor, New York, NY 10036, or by email at bmoprospectus@bmo.com by providing BMO Nesbitt Burns Inc. or BMO Capital Markets Corp. with an email address or mailing address, as applicable. No securities regulatory authority has either approved or disapproved of the contents of this news release.

About Endeavour Silver Corp.
Endeavour is a mid-tier precious metals company committed to sustainable and responsible mining practices. With operations in Mexico and the development of the new cornerstone mine in Jalisco State, the Company aims to contribute positively to the mining industry and the communities in which it operates. In addition, Endeavour has a portfolio of exploration projects in Mexico, Chile, and the United States, which has helped it achieve its goal of becoming a premier senior silver producer.
Posted at 13/8/2024 00:34 by stu31
Endeavour Silver Reports Guanacevi Primary Ball Mill Trunnion Failure
12/08/2024 11:50am

Endeavour Silver Corp. (“Endeavour221; or the “Company”;) (NYSE: EXK; TSX: EDR) reports the trunnion on the primary ball mill at the Guanacevi mill has failed and could take up to 12 weeks to replace. As a result, processing of material at the Guanacevi mill has been suspended. Management is assessing several alternatives including operating at a significantly reduced capacity with minor conveyor modification using smaller regrind mills until the primary ball mill is operational.
This downtime will impact Q3 production and is expected to impact annual production and cost guidance. Management is conducting an evaluation and analysis this week and will provide an update as soon as its assessment is complete.

About Endeavour Silver – Endeavour is a mid-tier precious metals company with a strong commitment to sustainable and responsible mining practices. With operations in Mexico and the development of the new cornerstone mine in Jalisco state, the company aims to contribute positively to the mining industry and the communities in which it operates. In addition, Endeavour has a portfolio of exploration projects in Mexico, Chile and the United States to facilitate its goal to become a premier senior silver producer.
Posted at 17/5/2024 20:23 by walter walcarpets
Clear breakout, silver up 6%, EDR 10%. Can see $38 in fairly short order.
Posted at 29/6/2023 13:00 by currypasty
Competent Person Report... the last one UJO commissioned, and by some accounts the company (Gafney cline) didn't include some of the resource, and also showed a chart that the oil would significantly deplete.. it didn't, and so the new one commissioned by EDR should be significantly better
Posted at 29/6/2023 12:29 by currypasty
Blues2021
@Blues20211
ยท
2h
#UJO So it seems the CPR will not be issued until after the EDR t/over vote concludes 3rd July. Why? Can only assume its so good it could push EDRs share price over the sale price if released before EDR should RNS the delay after stating the CPR would be issued in June, but this is AIM.
Posted at 28/6/2023 07:41 by kibes
I have voted but in general if nominee shareholders don't vote I think the holding company will ask the Chairman of EDR to vote on their behalf ie it will be in favour. I suppose the scheme will go through.
Posted at 23/6/2023 10:33 by kibes
Have contacted iWeb but they say I am not set up to vote. So I doubt whether anyone else in a nominee account is. So EDR will not get the required 75%?
Posted at 17/5/2023 19:02 by markfrankie
Looks pretty cheap, but it's probably going to happen? Atleast edr assets will get fast tracked if it happens; great for ujo and eog.
~£28m repaid maybe over 48months????? With ~£5m cash... not a great deal for pi's But great for ujo
Posted at 17/5/2023 10:09 by grannyboy
For EDR shareholders I think it's a low offer, but if they don't make an offer for EOG/UJO then we might see more action from the new lot which will benefit EOG and UJO?!!

Your Recent History

Delayed Upgrade Clock