Overview

Endeavour is a West African gold producer focused on developing and operating a portfolio of high quality low-cost, long-life mines. Endeavour adopts an active portfolio management approach to focus on high quality assets with an investment criteria based on capital allocation efficiency and return on capital employed. With its technical teams all based in proximity to its mines, Endeavour has built a solid track record of exploration, development and operation in the highly prospective Birimian greenstone belt.

Endeavour operates four mines across Côte d’Ivoire (Agbaou and Ity) and Burkina Faso (Houndé, Karma), which are expected to produce 680-740koz at an AISC of $845-895/oz in 2020. Its ongoing five-year exploration program aims to discover 10-15Moz of Indicated Resources by 2021 which represents more than twice the reserve depletion during the period. So far, over 6Moz have already been discovered.

Our Strategy

Endeavour’s strategy is focused on increasing the quality of its portfolio to create a leading African gold producer with low All-In Sustaining Cost (AISC) and long-life mines. This will be achieved with an unrelenting focus on operational excellence, developing projects on time and on budget, unlocking value through exploration, maintaining a healthy balance sheet and actively managing the portfolio.

Our Strategic Pillars

Operational Excellence

Proven track record of successful operations in West Africa, based on the deep experience of our people and strong teams

Project Development

Strong in-house construction team with a proven track record of building mines in West Africa on-time and on-budget

Unlocking Exploration Value

One of the largest and most promising exploration portfolios in West Africa, with a target of identifying 10-15Moz of new gold discoveries by 2021

Portfolio & Balance Sheet Management

Dynamic management of our portfolio to increase its quality coupled with a healthy financial structure with low debt, strong liquidity and financing sources to fund growth