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Endeavour Increases 2021 Production Guidance by 50% to 1.4 - 1.5 Million Ounces


Production guidance for continuing operations increased by 50% to 1.4 - 1.5Moz
AISC guidance for continuing operations decreased by $40/oz to $840 - 890/oz
2021 exploration budget increased by 40% to $70 - $90m with strong focus on newly acquired assets and greenfield properties
Construction for Sabodala-Massawa Phase 1 expansion expected to be completed by year-end; DFS for Phase 2 expansion expected by year-end
George Town, February 25, 2021 – Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) is pleased to announce that it has increased its guidance for 2021 to include production from the recently integrated Sabodala-Massawa and Wahgnion mines, following completion of the Teranga Gold Corporation ( Teranga ) acquisition.
As shown in Table 1 below, consolidated 2021 production guidance for continuing operations has increased from 900,000 – 990,000 ounces to 1,350,000 – 1,475,000 ounces, while consolidated AISC guidance has decreased by $40/oz to $840 – $890/o ....

United Kingdom , New York , United States , Burkina Faso , Golden Hill , Hong Kong , British Columbia , Region Des Cascades , Region De Kedougou , City Of , Region Du Centre Sud , Region Des Hauts Bassins , Western Australia , Clinton Bennett , John Vincic , National Instrument , Brunswick Group , London Stock Exchange , Neither The Toronto Stock Exchange , Australasian Institute Of Mining , Teranga Gold Corporation , Toronto Stock Exchange , World Gold Council , Investment Industry Regulatory Organization Of Canada , Sabodala Massawa Phase , Endeavour Mining ,

Teranga Gold Awarded 2020 Sustainable Development Goals Accelerator Award


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Teranga Gold Awarded 2020 Sustainable Development Goals Accelerator Award
Teranga Gold CorporationFebruary 9, 2021 GMT
TORONTO, Feb. 09, 2021 (GLOBE NEWSWIRE) Teranga Gold Corporation (“Teranga” or the “Company”) (TSX:TGZ; OTCQX:TGCDF) is pleased to announce it has won a 2020 Sustainable Development Goals (SDG) Accelerators Award from Global Compact Network Canada, the Canadian chapter of the UN Global Compact.
Teranga’s winning submission in the large company category highlights the Company’s contribution to a ‘zero hunger’ goal in communities near the Wahgnion Mine in Burkina Faso, West Africa. Under its Livelihood Restoration Plan, Teranga works closely with local stakeholders to provide education, training and support that has led to increased crop production, new and high-value crops, and improved access to farming areas. ....

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