Endeavour Announces the Retirement of its COO, Attie Roux, Who Will Be Succeeded by Jeremy Langford
(Thomson Reuters ONE) -
ENDEAVOUR ANNOUNCES THE RETIREMENT OF ITS COO, ATTIE ROUX, WHO WILL BE SUCCEEDED
BY JEREMY LANGFORD
View News Release in PDF Format
Abidjan, July 6, 2017 - Endeavour Mining (TSX:EDV OTCQX: EDVMF)("Endeavour") is
pleased to announce the appointment of Jeremy Langford as Chief Operating
Officer, effective from July 17, 2017. Mr. Langford is currently the Executive
Vice President of Endeavour's Projects & Technical Services Group and will
replace Adriaan "Attie" Roux, who has decided to retire following 7 years with
the company. Attie and Jeremy will work together over the coming months to
ensure a smooth transition.
Sebastien de Montessus, President & CEO, said: "As part of our succession
planning process, I am delighted that Jeremy will be transitioning to the COO
role. Like Attie, Jeremy has played a key role in growing the company and has a
proven track record with an in-depth technical knowledge of all our operations
and projects.
Jeremy will continue to oversee our projects and technical service activities
which will allow us to further streamline the group's organization while
capturing the synergies from a fully integrated projects and operations team.
Given the importance of our project pipeline, we believe that this integration
will benefit both the upcoming commissioning of our Houndé Project and the
construction of our Ity CIL Project which we anticipate will be built while
continuing to run the existing heap leach operation."
"Finally, I would like to also pay tribute to Attie's leadership as he has
played an exceptional role in the development of Endeavour over the course of
the past 7 years. His outstanding contribution in establishing Endeavour as a
strong West African operator is reflected in the improved safety performance,
increased production and reduced costs that the company has enjoyed during his
time as COO. I wish him all the best for a happy and well deserved retirement
after over 41 years in the Mining Industry" added Mr. de Montessus.
ABOUT JEREMY LANGFORD
Jeremy Langford has worked in the gold mining, nickel, iron ore and oil and gas
industries for the past 17 years and has held a number of key management
positions, which have culminated in his current role of Executive Vice President
Projects & Technical Services at Endeavour. Jeremy has been with the company
since 2009 and is one our longest serving executives. He has extensive West-
African experience and has a long track-record of building projects on-time and
on-budget with over 6 projects built and delivered for in the past 12 years. Mr.
Langford successfully managed the development and construction of Endeavour's
Nzema, Agbaou and Tabakoto expansion projects along with the implementation of
the Agbaou Secondary Crushing Circuit Upgrade and Ity CIL DFS delivery in
parallel. Currently he is managing the Houndé Project construction, the Karma
plant optimization, along with managing technical due diligence duties and
overseeing the pre-development of the Ity CIL Project. Prior to joining
Endeavour, Jeremy served as Project Director at Ampella Mining, Adamus
Resources, and Ausenco Services where he planned, managed and oversaw a number
of successful projects in West Africa, including the Sabodala project
construction in Senegal. He has previously held senior project construction
roles with a number of other resources companies including Northern Iron and
Icon Engineering. Jeremy began his career as an engineer with the Royal
Australian Navy.
He holds an honours degree in Mechanical Engineering from RMIT University in
Melbourne, Australia.
ENDEAVOUR CONTACT INFORMATION
Martino De Ciccio DFH Public Affairs in Toronto
VP - Strategy & Investor Relations John Vincic, Senior Advisor
+44 203 640 8665 (416) 206-0118 x.224
mdeciccio(at)endeavourmining.com jvincic(at)dfhpublicaffairs.com
Brunswick Group LLP in London
Carole Cable, Partner
+44 7974 982 458
ccable(at)brunswickgroup.com
ABOUT ENDEAVOUR
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 across Côte d'Ivoire (Agbaou and Ity),
Burkina Faso (Karma), Mali (Tabakoto), and Ghana (Nzema). In 2017, it expects to
produce between 600koz and 640koz at an AISC of US$860 to US$905/oz. 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 and Ity CIL
projects are expected to lift Endeavour's group production to +900kozpa and
decrease its average AISC to circa $800/oz by 2019, while exploration aims to
extend all mine lives to +10 years.
Corporate Office: 5 Young St, Kensington, London W8 5EH, UK
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, including but not limited to: risks related to
the successful integration of acquisitions; risks related to international
operations; risks related to general economic conditions and credit
availability, actual results of current exploration activities, unanticipated
reclamation expenses; changes in project parameters as plans continue to be
refined; fluctuations in prices of metals including gold; fluctuations in
foreign currency exchange rates, increases in market prices of mining
consumables, possible variations in ore reserves, grade or recovery rates;
failure of plant, equipment or processes to operate as anticipated; accidents,
labour disputes, title disputes, claims and limitations on insurance coverage
and other risks of the mining industry; delays in the completion of development
or construction activities, changes in national and local government regulation
of mining operations, tax rules and regulations, and political and economic
developments in countries in which Endeavour operates. Although Endeavour has
attempted to identify important factors that could cause actual results to
differ materially from those contained in forward-looking statements, there may
be other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such 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. AISC,
all-in sustaining costs at the mine level, cash costs, operating EBITDA, all-in
sustaining margin, free cash flow, net free cash flow, free cash flow per share,
net debt, and adjusted earnings are non-GAAP financial performance measures with
no standard meaning under IFRS, further discussed in the section Non-GAAP
Measures in the most recently filed Management Discussion and Analysis.
View News Release in PDF Format:
http://hugin.info/171882/R/2118498/806759.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Endeavour Mining Corporation via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 06.07.2017 - 14:16 Uhr
Sprache: Deutsch
News-ID 551325
Anzahl Zeichen: 9963
contact information:
Town:
George Town, Grand Cayman
Kategorie:
Business News
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"Endeavour Announces the Retirement of its COO, Attie Roux, Who Will Be Succeeded by Jeremy Langford"
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