Cote d’Ivoire: Endeavour Commences Production at Lafigué Gold Mine
Tuesday, 06 August 2024 17:52
Endeavour Mining has started production at its second gold mine in Côte d'Ivoire, Lafigué, which opened at the end of June. Together with its first mine in the country, Ity, these mines are expected to help the company produce between 1.13 and 1.27 million ounces in 2024 from its West African operations.
On July 30, Endeavour released its operating and financial results for the first half of 2024, reporting production of 182,000 ounces in Côte d'Ivoire. This puts the company on track to meet its goal of at least 360,000 ounces, or 10.2 tonnes of gold, for the year. All reported production comes from the Ity mine, which is expected to produce between 270,000 and 300,000 ounces this year.
Leveraging Lafigué, Endeavour eyes a maximum production of 410,000 ounces. The firm also operates gold mines in Burkina Faso and Senegal. This year, Endeavour seeks to produce 1.13 to 1.27 million ounces in West Africa.
Live News
-
Morocco Begins $1.7B Terminal Expansion at Casablanca Airport
08:09
-
DRC’s Cobalt Embargo: Benchmark Forecasts Highlight Supply Risks
08:06
-
Eskom Adds 800 MW from Medupi 4, Easing Pressure on SA’s Coal-Heavy Grid
08:03
-
Ethiopia Completes $4B Renaissance Dam Amid Regional Tensions
08:01
-
Cameroon Unveils Seven-Pillar AI Strategy to Become Africa’s Leading Hub by 2040
07:49
-
Cameroon Projects 12.7% Drop in 2025 Oil and Gas Revenues
07:47
-
Togo Records Sharpest Drop in Regional Market Debt in H1 2025
07:36
-
Burkina Faso Explores Digital Partnership with the United States
07:32
-
Cameroon Now Equipped with Advanced Defensive, Offensive Intelligence Capabilities – Dr. Guy Gweth
07:24
-
Ghana Announces Reforms to Boost Affordable Data, Advance Digital Transformation
18:17
• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...
• Algeria grants commercial 5G licenses to top three telecom operators: Mobilis, Djezzy, and Ooredoo...
• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might see...
• Kenyan President William Ruto signs strategic partnership with UK Prime Minister Keir Starmer to b...
• IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema• Sector cou...
• Morocco began expanding Casablanca Airport to raise capacity to 35M passengers by 2029• The $1.7B project supports the “Airports 2030” plan to...
• Eskom restored Medupi Unit 4 early, adding 800 MW and helping end load-shedding• Coal still dominates South Africa’s power, slowing the energy...
• Ethiopia completed the $4B Grand Renaissance Dam to boost power capacity and energy independence• Egypt and Sudan fear water supply risks, with no...
WAEMU states collectively raised nearly 7,000 billion CFA francs in the first half of 2025, a record amount driven by increased financing needs, the...
The Gerewol tradition is a fascinating ritual celebrated by the Bororo Fulani, a nomadic community primarily located in Chad and Niger. This annual...
In northern Ethiopia, in the Tigray region, lies Axum (also spelled Aksum), an ancient city that once stood at the heart of one of Africa’s most powerful...