Côte d’Ivoire’s two largest gold producers form joint venture
Friday, 03 November 2017 16:57
Randgold Resources and Endeavour Mining have formed a joint-venture (JV) to explore their adjacent Sissedougou and Mankono projects, in Côte d’Ivoire.
They will respectively hold 70% and 30% interest in the new JV which will combine their permits. Randgold will operate the JV and both of them will contribute to the annual exploration budget.
“As the two largest producers in Côte d'Ivoire, with a strong presence in West Africa, both companies welcome the opportunity to increase their cooperation. This JV will allow us to accelerate exploration on our Sissedougou gold property while we continue to focus our efforts on our Ity gold mine,” said Endeavour’s CEO, Sébastien de Montessus (picture).
In Ivory Coast, while Endeavour Mining operates the Ity and Agbaou mines, Randgold Resource for its part operates the Tongon mine.
Louis-Nino Kansoun
Live News
-
AfDB-Cameroon Talks Target Faster Road Builds as FCFA 887 billion Transport Portfolio Comes Under Review.
11:05
-
State Eyes Formal Diamond Flows to Lift Mining Returns
10:57
-
Government Sets 2026 Roadmap to Lift Artisan Sector’s Weight in National Economic Output
10:16
-
Cameroon’s national civil engineering lab plans CFA24.8bn budget for 2026, CFA1.1bn surplus
05:30
-
Endeavour Mining’s West African gold production up 10% in 2025
20:38
-
African Startup M&A Hits Record 67 Deals in 2025, Led by Fintech
20:05
-
Galiano Gold plans at least C$17mln for gold exploration at Ghana’s Asanko mine
19:58
-
Niger Leader’s Accusations Against France, Benin and Côte d'Ivoire Cloud ECOWAS Mediation Efforts
19:51
-
Morocco Signs Three Deals to Strengthen Digital Offshoring
13:51
-
Khouloud Abada Launches RenYou to Streamline Skin Health Follow-Up
13:08
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Circular migration is based on structured, value-added mobility between countries of origin and host...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
Urban employment reached 53.7% in WAEMU in early 2025 Most jobs remain informal, low-paid, and in...
Sonangol raised $750m via its debut international bond, a five-year private placement, marking a key step in Angola’s return to global debt...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and expansion strategies Fintech leads deals as “Big Four”...
Niger junta accuses France, Benin, Côte d’Ivoire of backing attack Gunfire reported near Niamey airport amid ECOWAS tensions Border closure with Benin...
African Union, U.S. launch infrastructure and investment working group Initiative targets trade, logistics, digital projects under Agenda 2063 Group...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...