Endeavour Mining has announced on Thursday that its Houndé gold mine in Burkina Faso has started production ahead of schedule. First pouring was about 980 ounces Au, and commercial production should commence in the coming weeks.
“We are proud to have successfully completed this major milestone ahead of schedule and below budget […]. The addition of Houndé will significantly improve Endeavour's portfolio quality as it is expected to double the group's cash flow generation once fully ramped-up”, said the firm’s CEO, Sébastien de Montessus.
The Houndé project should produce an average of 190,000 oz of gold per year throughout its lifeline, knowingly 10 years.
Louis-Nino Kansoun
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
Ecobank appoints Rebecca Mbithi CEO of Kenya unit She succeeds Josephine Anan-Ankomah, pending CBK approval Pre-tax profit rose to 734 million...
With 60% of companies already adopting AI and many others set to follow suit, the role of AI model trainer is becoming essential. These specialists are...
Zimbabwe projects at least 8.5% growth in 2026 Forecast follows IMF staff-monitored reform program Inflation below 10%, reserves...
Vista acquires 99.99% of Saham Assurances Niger Company rebranded as Vista Assurances Niger Deal marks entry into Niger’s small insurance...
had relaunched the International Festival of Saharan Cultures (FICSA) in Amdjarass after a seven-year hiatus. Niger participates as guest of honor,...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...