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Endeavour Mining sells Nzema mine stake steelguru

Mining journal reported that African focused producer Endeavour Mining has sold its 90% stake in its non core Nzema gold mine to African contracting group BCM International, as it focuses its efforts on its six longer-life, lower-cost operations.

Endeavour Mining Corp (EDV.TO) Company Profile | Reuters

Endeavour Mining Corporation (Endeavour) is an intermediate gold producer. The Company is a gold mining company that operates five mines in Cote d'Ivoire (Agbaou and Ity), Burkina Faso (Karma), Mali (Tabakoto) and Ghana (Nzema), along with project development and exploration assets.

Endeavour sells its mine in Ghana | MINING

Nzema, situated on the Ashanti Gold Belt, is an open-pit operation with a 1.6 mtpa gravity/CIL processing facility. It kicked off production in 2011 and currently employs approximately 800 workers. According to Endeavour, the mine produced 87,710 ounces of gold at an All-in Sustaining Cost of $1,167/oz in 2016 and 53,334 ounces at an All-in Sustaining Cost of $967/oz in the first half of 2017.

Endeavour closes sale of non-core Ghana mine, Nzema

ENDEAVOUR Mining said it had closed the sale of its 90% interest in the Ghana mine, Nzema, a transaction first announced in August. The firm had received $39.5m from buyer, BCM International, a mining and civil works contracting company, with further payments on reaching milestones due this year and in 2019 up to the consideration of $65m.

Endeavour Mining Announces Sale of Nzema GlobeNewswire

Endeavour Mining Announces Sale of Nzema to BCM International

Endeavour sells its mine in Ghana | MINING

Following a $54 million impairment charge in its Nzema mine, located approximately 70km from Takoradi in southwestern Ghana, Endeavour Mining (TSX:EDV) announced it

Endeavour sells Ghana gold mine for $65m Mining Weekly

West Africa-focused miner Endeavour Mining will sell its 90% stake in the Nzema gold mine, in Ghana, to private contract miner BCM International for $65-million. CEO

Endeavour Closes the Sale of its Non-Core Nzema Mine

ENDEAVOUR CLOSES THE SALE OF ITS NON-CORE NZEMA MINE. View News Release in Format. George Town, January 3, 2018Endeavour Mining Corporation is.

Endeavour closes the sale of its non-core Nzema mine

Endeavour closes the sale of its non-core Nzema mine Posted by John on 4th January 2018 On December 29, 2017, Endeavour Mining Corp completed the sale of its 90% interest in the non-core Nzema mine in Ghana to BCM International Ltd, as previously announced on August 9, 2017.

Endeavour to sell Nzema for $65m, lowers output guidance

TORONTO-listed Endeavour Mining is to sell its 90% stake in its Ghanaian gold mine Nzema for $65m to BCM International, a mining and civil contracting company. As a result of the proposed transaction, Endeavour has dropped full-year production guidance for its 2017 financial year by about 100,000 ounces to between 500,000 to 530,000 oz.

Nzema Mining Intelligence

Sale of Nzema Mine Closed Endeavour Mining Corp. Sold Nzema, Ghana. On Jan 03, 2018 from Sedar. MD&A English On Nov 09, 2017 from Sedar.

Endeavour Mining Reports Fatality at its Tabakoto Mine in

Endeavour is ideally positioned as the major pure West-African multi-operation gold mining company, operating 5 mines in Cte d'Ivoire (Agbaou and Ity), Burkina Faso (Karma), Mali (Tabakoto), and Ghana (Nzema).

Endeavour Mining sells Nzema to BCM Int'l for $65m

Endeavour Mining (TSX:EDV OTCQX: EDVMF) ("Endeavour") has announced that it has agreed the sale of its 90% stake in the non-core Nzema Mine to BCM International Ltd ("BCM") for a total cash consideration of up to US$65 million.

Endeavour closes the sale of its non-core Nzema mine

Endeavour closes the sale of its non-core Nzema mine Posted by John on 4th January 2018 On December 29, 2017, Endeavour Mining Corp completed the sale of its 90% interest in the non-core Nzema mine in Ghana to BCM International Ltd, as previously announced on August 9, 2017.

Endeavour Mining Announces Sale of Nzema to BCM International

ENDEAVOUR MINING ANNOUNCES SALE OF NZEMA TO BCM INTERNATIONAL View News Release in Format George Town, August 9, 2017 Endeavour Mining (TSX:EDV OTCQX: EDVMF

Endeavour Mining Announces Sale of Nzema to BCM

ABOUT NZEMA . The Nzema Gold Mine is located approximately 70km from Takoradi in the south-west of Ghana. Endeavour holds a 90% interest in the mine, the remaining 10% is held by the Ghanaian Government. Nzema is an open pit mining operation with a 1.6mtpa gravity/CIL processing facility.

ENDEAVOUR MINING TheStreet

Explore commentary on ENDEAVOUR MINING and hear what the experts at Endeavour Mining Announces Sale Of Nzema To BCM Endeavour Announces The

Nzema Mining Atlas

Nzema is a Gold Mine in Ghana owned by Endeavour Mining, State of Ghana. General: Mining is carried under contract with African Mining Services (AMS), a division of

ENDEAVOUR MINING ANNOUNCES SALE OF NZEMA TO BCM Aktien

ENDEAVOUR MINING ANNOUNCES SALE OF NZEMA TO BCM INTERNATIONAL View News Release in Format () George Town, August 9

Mining Journal Endeavour Sells Nzema Mine Stake For More

For economic purposes, Endeavour put the Nzema sale effective date at July 1 and reduced the company's 2017 guidance from 600,000-640,000oz to 500,000-530,000oz.

Endeavour Mining sells Nzema gold mine to BCM

Endeavour Mining Corporation announced at the end of last year that it had completed the sale of its 90% interest in the Nzema Mine in Ghana to BCM International.

Endeavour Mining sells 90% of Nzema mine for US$65 million

The Nzema sale effective date for economic purposes is July 1, 2017. To follow reporting standards, Endeavour Mining has de-consolidated Nzema from its full year 2017 guidance. Following the sale of Nzema, Endeavour Mining's production guidance for 2017 has been reduced from 600 000 640 000 oz to 500 000 530 000 oz.

Endeavour Mining: Take Profits Now Endeavour Mining

Endeavour Mining is a decent mid-tier Endeavour also holds It is not a typical mining operation. The ore processed at Nzema is supplemented by the

"Endeavour Mining Corp. Nzema Gold Mine, Esiama, Ghana"

On the job training was fantastic. OHSE policies were good. Team work was well institutionalized and useful for our success. Good written and verbal communication

Endeavour Mining Announces Sale of Nzema to BCM International

The Nzema Gold Mine is located approximately 70km from Takoradi in the south-west of Ghana. Endeavour holds a 90% interest in the mine, the remaining 10% is held by the Ghanaian Government. Nzema is an open pit mining operation with a 1.6mtpa gravity/CIL processing facility.

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