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.
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
Nigeria is considering creating a Grid Asset Management Company (GAMCO) to manage transmission infrastructure. The move targets a key bottleneck...
The European Union has approved €6 million to support the next phase of Senegal’s regional express train expansion. The funding will help...
The Ethiopian Securities Exchange has launched “Neway,” a web and mobile trading platform for investors. The tool allows users to open accounts,...
Investment firm Phatisa has sold its majority stake in Zambia’s egg producer Goldenlay. Belgian animal feed company Vanden Avenne acquired the...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...
In April 2026, the Amani Festival will change venues. Forced to leave Goma for Lubumbashi due to growing insecurity, the event turns displacement into an...