Endeavour Mining Announces Board Change
(Thomson Reuters ONE) -
Endeavour Mining Announces Board Change
View News Release in PDF Format
George Town, July 12, 2016 - Endeavour Mining ("Endeavour") (TSX:EDV) announces
that Miguel Rodriguez has stepped down from the Board of Directors of the
Company. Mr. Rodriguez has served as a Director of Endeavour since September
2013.
The Board of Directors thanks Mr. Rodriguez for his advice and contributions
over the past several years as the Company has grown, and wishes him success for
the future.
The Board will now be composed of seven members, including Chairman Michael E.
Beckett, and Ian Cockerill, Frank Giustra, Ian Henderson, Wayne McManus, and
Naguib Sawiris as Non-executive Directors; and Sébastien de Montessus as
Executive Director and CEO.
About Endeavour Mining Corporation
Endeavour Mining is a TSX-listed intermediate gold producer, focused on
developing a portfolio of high quality mines in the prolific West-African
region, where it has established a solid operational and construction track
record.
Endeavour is ideally positioned as the major pure West-African multi-operation
gold mining company, operating 5 mines in Côte d'Ivoire (Agbaou and Ity),
Burkina Faso (Karma), Mali (Tabakoto), and Ghana (Nzema). In 2016, it expects to
produce between 535koz and 560koz at an AISC of US$870 to US$920/oz, excluding
Karma which is in the commissioning stage. Endeavour is currently building its
Houndé project in Burkina Faso, which is expected to commence production in Q4-
2017 and to become its flagship low-cost mine with an average annual production
of 190koz at an AISC of US$709/oz over an initial 10-year mine life based on
reserves. The development of the Houndé project is expected to lift Endeavour's
group production +900kozpa and decrease its average AISC to circa $800/oz by
2018, while exploration aims to extend all mine lives to +10 years.
Contact Information
Vincent Benoit DFH Public Affairs in Toronto
EVP - Strategy & Business Development John Vincic
+33 (0)1 70 38 36 96 (416) 206-0118 x.224
vbenoit(at)endeavourmining.com jvincic(at)dfhpublicaffairs.com
Martino De Ciccio Brunswick Group LLP in London
VP - Strategy & Investor Relations Carole Cable, Partner
+33 (0)1 70 38 36 95 +44 7974 982 458
mdeciccio(at)endeavourmining.com ccable(at)brunswickgroup.com
Endeavour Mining | Executive Office | Bureau 76, 7 Boulevard des Moulins,
Monaco 98000
This news release contains "forward-looking statements" including but not
limited to, statements with respect to Endeavour's plans and operating
performance, the estimation of mineral reserves and resources, the timing and
amount of estimated future production, costs of future production, future
capital expenditures, and the success of exploration activities. Generally,
these forward-looking statements can be identified by the use of forward-looking
terminology such as "expects", "expected", "budgeted", "forecasts", and
"anticipates". Forward-looking statements, while based on management's best
estimates and assumptions, are subject to risks and uncertainties that may cause
actual results to be materially different from those expressed or implied by
such forward-looking statements. Accordingly, readers should not place undue
reliance on forward-looking statements. Please refer to Endeavour's most recent
Annual Information Form filed under its profile at www.sedar.com for further
information respecting the risks affecting Endeavour and its business.
View News Release in PDF Format:
http://hugin.info/171882/R/2028038/753811.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Endeavour Mining Corporation via GlobeNewswire
[HUG#2028038]
Unternehmensinformation / Kurzprofil:
Datum: 12.07.2016 - 15:10 Uhr
Sprache: Deutsch
News-ID 482850
Anzahl Zeichen: 4881
contact information:
Town:
George Town, Grand Cayman
Kategorie:
Business News
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