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Mining

Cote d’Ivoire: Endeavour Commences Production at Lafigué Gold Mine

Tuesday, 06 August 2024 17:52
Cote d’Ivoire: Endeavour Commences Production at Lafigué Gold Mine

(Ecofin Agency) - 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.





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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