Burkina Faso: Houndé gold mine pours first gold
Friday, 20 October 2017 16:43
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
Live News
-
Togo clears accession to two international nuclear safety conventions
21:03
-
Egyptian Edtech Firm Qualiphi Links Universities to Job Market Needs
20:55
-
Nigeria Moves to Coordinate Cybersecurity Response Amid Rising Threats
20:51
-
Côte d’Ivoire Ratifies Agreement to Host Shelter-Afrique Development Bank
20:50
-
Dave Glass Builds Electrum Platform to Modernize Banking Payments
20:45
-
Senegal Rolls Out Digital Waste Initiative with Regional Ambition
20:40
-
Côte d’Ivoire Ratifies Bilateral Tax Agreement with Qatar
20:28
-
Togo deploys 400 boreholes, digital tools to support irrigation farming
20:16
-
Central African Republic Signs $98 Million Agricultural Mechanization Agreement
19:56
-
Cameroon, Switzerland Sign MoU Positioning Obala Institute as Central Africa Agri-Research Hub
19:12
Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
First investor town hall since 2021 signals renewed engagement with markets Authorities hi...
Arise IIP plans to invest more than $3 billion in Kenya over five years The company wi...
Efforts to reinforce health systems are gaining pace across Africa, with this week’s developments fo...
Move aims to boost housing finance and expand affordable housing supply Bank to support real estate sector amid 800,000-unit housing deficit The...
Côte d’Ivoire ratifies tax agreement with Qatar to avoid double taxation Deal strengthens trade ties and improves tax transparency, cooperation Move...
Togo launches irrigation project with 400 boreholes under ProMIFA Initiative includes training, digital tools, and community management systems Aims...
CAR signs $98 million mechanization deal with UK-based DSR Group Programme to deploy tractors, equipment, and expand agro-processing...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...