Endeavour Mining reports Q1 all-in sustaining margin of $39 million and cash cost improvement at Tabakoto
Published : May 14, 2013
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  

Endeavour Mining reports Q1 all-in sustaining margin of $39 million and cash cost improvement at Tabakoto

VANCOUVER, May 14, 2013 /CNW/ - Endeavour Mining Corporation ("Endeavour" or the "Corporation") (TSX:EDV, ASX:EVR, OTCQX:EDVMF) announces Q1/2013 gold production of 73,654 ounces and an all-in sustaining margin of $39 million.  The three operating mines continue to fund investments in new mine development and growth, which totalled $55.6 million during Q1/2013.  The all-in sustaining cash cost was $1,083 per ounce sold, and Endeavour is intensifying cost reduction efforts. The Tabakoto cost reduction program has decreased cash costs by 25% from $1,250 in late 2012 to $932 per ounce produced in Q1/2013, with further cost benefits expected from the program and the recently completed mill expansion. 

(All amounts in US dollars unless otherwise indicated)

Q1/2013 Financial and Operating Highlights

  • Gold production was 73,654 ounces
  • Gold sold was 71,926 ounces for a mine cash margin of $46 million (equivalent to 28,400 ounces of gold), and after corporate costs, sustaining capital and near-mine exploration expenses generated an all-in sustaining margin of $39 million (equivalent to 23,994 ounces of gold or a 33% margin)
  • Total cash cost per ounce sold was $897
  • Including royalties, corporate costs, sustaining capital and near-mine exploration, the all-in sustaining cash cost per ounce sold was $1,083.  See Table 4 for calculation details
  • Endeavour invested $55.6 million in new mine construction, development and exploration, as detailed in Table 2, leading to negative free cash flow of $16.6 million after all operating and development activities
  • Adjusted net earnings of $9.0 million or $0.02 per share
  • As of March 31, 2013, Endeavour had cash, cash equivalents, and gold bullion of $128 million with long-term debt of $200 million drawn from a corporate facility

Financial Statements and related MD&A will be available on SEDAR, the ASX website, OTC Markets website, and in the Investor Relations section of Endeavour's website www.endeavourmining.com.

In order to access the Corporation's MD&A and financial statements directly, please click the following URL: http://files.newswire.ca/910/EDVIntegratedFSMDA.pdf

Neil Woodyer, CEO, stated

"We have had a significant impact in restructuring Tabakoto and appreciate the efforts of our management, employees and contractors in achieving a 25% decrease in cash cost per ounce from late 2012. The Tabakoto mill expansion has been completed and ramp-up is now underway. Further unit cost improvements are expected as contractors leave the site and the operation reaches full capacity. We are also pleased with the continued strong performance at Youga, which generated $19 million of our total $46 million mine cash margin during the quarter.

Nzema had a challenging quarter from a cost perspective due to processing the initial lower grade material at the Adamus pits and including some transitional material from the Salman deposits which is known to have low gold recoveries. Costs at Nzema should decrease in the second half of the year as we start accessing the higher grade portions of the Adamus pits along with higher volumes, which will allow us to reduce mining of the Salman transition material.

Endeavour is continually reviewing its capital and operating spending and in the current environment we are focussing on core operations and completing construction of Agbaou, and limiting cash spending in other areas. Assuming a gold price of $1,400 for the balance of the year, we expect to generate an all-in sustaining margin of approximately $127 million for 2013, which compares to our original forecast of $166 million at a $1,600 gold price. This operating cash flow, supplemented by our March 31 cash and bullion balance of $128 million, funds our planned 2013 investments. Our growth plans remain intact and Agbaou is a key asset in our future operating profile that will make a meaningful contribution to our cash flow in early 2014 while reducing our average cash costs."

Capital Cost Reduction and Cash Flow Optimization Program

Recent volatility in the gold price has prompted a thorough review of all planned expenditures for prudent cash management.

The following non-operations related cost reductions are being implemented:

  • The 2013 full year exploration budget was reduced from $20 million to $15 million. The budget maintains $11 million at Tabakoto and Kofi, with planned underground exploration drilling untouched. This program emphasizes converting Inferred resources into the Measured and Indicated categories to extend mine life
  • Endeavour is implementing a plan to reduce its +10,000 km2 land position by approximately 50%, eliminate spending commitments on non-core properties and reduce fixed land holding costs
  • Corporate G&A has been trimmed from $20 million to $15 million
  • Sale of non-core investment in Namibian Rare Earths generated $5.3 million

An extensive bottom up review of all operating costs and capital investments is underway and is expected to improve long term all-in sustaining cash cost at each mine.

Table 1: Revised Forecast 2013 All-in Sustaining Margin (Before Cash Cost Savings)

      Revised 2013 Forecast     Original 2013 Forecast
      US$Millions     US$Millions  
      Q1/2013 Actuals     At $1,600/oz  
      Q2-Q4 at $1,400/oz          
Net operating margin from Youga, Nzema & Tabakoto*                  
  Gold revenue      $ 475         $ 524  
  Less: Royalties       27         29  
  Less: Cash costs       282         282  
    Mine cash margin     166         213  
  Less: Corporate G&A (attributable to operations)     11         15  
    Corporate EBITDA     155         198  
  Less: Sustaining capital     17         17  
  Less: Near-mine exploration     11         15    
    All-in sustaining margin**         127       166
*Net operating margin includes Q1 actual, Q2-Q4 based on mid-guidance range for production     
  and cash costs for full year
**Before financing activities, tax, interest, and working capital movement          


Q1/2013 Operational Results

Tabakoto Gold Mine, Mali

  • Gold production in the first quarter was 28,159 ounces at a cash cost of $932 per ounce produced
  • The mill expansion was recently completed with ramp up underway
  • Cost reduction programs previously announced such as staff reductions and the introduction of open pit owner mining have resulted in reduced cash costs during Q1/2013.  Management will continue to focus on cost reduction initiatives during the remainder of 2013 and expects to see further improved costs in the second half of the year
  • The Segala main decline is progressing well and now extends over 540 metres from the portal

Nzema Gold Mine, Ghana

  • Gold production of 22,456 ounces at a cash cost of $1,079 per ounce produced
  • Production was lower in the first quarter of 2013 due to slower than planned access to and development of the Adamus pits due to protracted negotiations in the resettlement process
  • Gold grades and production should improve in the second half of 2013 as higher grade portions of the Adamus pits are accessed

Youga Gold Mine, Burkina Faso

  • Gold production of 23,039 ounces at a cash cost of $668 per ounce produced
  • Youga produced another quarter of strong operational performance and generated an mine cash margin (revenue less royalties and operating costs) of $18.9 million

Table 2: Q1 2013 Margin Generation and Investments in New Mine Development and Exploration

    US$ Million       In Gold Ounces*
Net operating margin from Youga, Nzema & Tabakoto                
  Gold revenue       116.9       71,926    
  Less: Royalties       6.3       3,857    
  Less: Cash Costs for ounces sold   64.5       39,669    
    Mine cash margin     46.2       28,400    
  Less: Corporate G&A (attrib. to operations)   3.4       2,068    
    Corporate EBITDA     42.8       26,332    
  Less: Sustaining capital     3.0       1,845    
  Less: Near-mine exploration     0.8       492    
    All-in sustaining margin         39.0       23,994
Investments in new mine development and exploration                
  Agbaou construction     28.6            
  Nzema development      2.8            
  Tabakoto development (incl mill expansion)   15.4            
  Houndé feasibility study     2.1            
  Kofi exploration       4.5            
  Ouaré PEA       0.2            
  Regional exploration     0.9            
  Corporate G&A (attrib.to new mines)   1.1            
Free cash flow after new mine investments**       -$16.6        
* US dollar amounts converted to gold ounces at $1,626 gold price (Q1 2013 realized gold revenue of 
  $116.9 million and 71,926 ozs sold)                
** Before financing activities, tax, interest, and working capital movement        


Table 3: Q1/2013 Cash Costs by Mine

           Tabakoto         Nzema Youga Total
Total tonnes mined - Open pit 000t 2,053 2,696 1,575 6,324
Total tonnes mined - Underground 000t 214 0 0 214
Total ore tonnes - Open pit 000t 141 756 216 1,113
Total ore tonnes - Underground 000t 92 0 0 92
Total tonnes milled 000t 201 536 241 978
Ounces sold ozs 28,627 22,013          21,286          71,926
Royalties $000s $2,793 $1,796 $1,681 $6,270
Mining costs - Open pit $000s $4,747 $10,287 $6,951 $21,985
Mining costs - Underground $000s $9,740 $0 $0 $9,740
Processing and maintenance costs $000s $6,790 $7,115 $6,191 $20,096
G&A $000s $5,636 $6,218 $843 $12,696
Total costs $000s $29,706 $25,416 $15,666 $70,788
Unit cost analysis          
Mining costs - Open pit $/t mined $2.31 $3.82 $4.41 $3.48
Mining costs - Underground $/t ore $105.87 0 0 $105.87
Processing and maintenance costs $/t milled $33.78 $13.27 $25.69 $20.55
G&A $/t milled $28.04 $11.60 $3.50 $12.98
Cash cost per ounce sold (excl royalties) $/oz $940 $1,073 $657 $897


Table 4: Q1 2013 All-in sustaining cash cost per ounce

    Q1/2013 Actual
Gold Sold (ozs)   71,926
    $ Million   $/oz
Royalties         6.3   87
Cash costs for ounces sold     64.5   897
Corporate G&A (attributable to operations)   3.4   47
Sustaining capital       3.0   42
Near-mine exploration     0.8   11
  All-in sustaining cash cost per ounce sold       $1,083


Agbaou Gold Mine Construction

  • Construction remains on schedule to achieve gold production during Q1 2014. Costs are also on-target as all major contracts have been finalized within the cost estimates of the feasibility study and approximately 70% of capital costs are now committed
  • Significant progress in the physical build has been made at the mine (now over 60% completed)
  • The CIL tanks are fully constructed and hydro-testing is currently underway
  • Construction of the 15 km overhead electrical transmission line is in progress
  • Major components for the mills have been shipped and are on-schedule
  • The Tailings Storage Facility (TSF) and Water Storage Dam (WSD) are nearing completion, with final earthworks and clean-up underway
  • Clearing of the south pit areas have been completed with clearing of the north pit areas underway
  • The new village and relocation of approximately 250 residents is complete; total relocation costs, including construction of new village, crop compensation and other items were in line with feasibility study estimate of $6 million

Table 5: Q1/2013 Financing Activities and Reconciliation of Cash Position

            US$ Million
Cash, equivalents, bullion - Opening Balance (Dec 31, 2012)   $151.1
  Free cash flow after new mine investments (see Table 2)   -16.6
  Proceeds from sale of marketable securities   0.1
  Received from the issue of common shares    2.5
  Change in market value of gold bullion (unrealized)   -2.1
  Change in working capital     -1.6
  Finance costs (e.g. interest)     -1.9
  Other         -3.5
Cash, equivalents, bullion - Ending Balance (Mar 31, 2013)   128.0
  Marketable securities     7.3
Cash, equivalents, bullion and mkt securities (Mar 31, 2013)   $135.3


Q1/2013 Adjusted Earnings

Net earnings / (loss) from continuing operations (attributable to Endeavour shareholders) have been adjusted for the impact of the fair value change of certain financial instruments, including the gold hedge liability and Endeavour's warrants that are denominated in Canadian dollars.  Other adjustments include deferred income tax expense, which relates to an increase in losses from a realized hedge loss, adjustments related to investments in associates, stock-based payments, foreign currency, bullion, and marketable securities.

Table 6: Adjusted Net Earnings Reconciliation for the quarter ended March 31, 2013

    Quarter ended
Mar 31, 2013
    US$ Million
Net earnings attributable to shareholders of Endeavour   $15.1
  Change in unrealized loss / (gain) - gold price protection program   (7.8)
  Change in fair value of CAD currency share purchase warrants   (8.1)
  Loss on marketable securities   0.3
  Imputed interest on promissory note   (0.6)
  Loss on foreign currency   0.5
  Write-down of gold bullion   2.1
  Share of loss in associate, net of taxes (NREI)   0.5
  Write-down of investment in associate (NREI)   0.9
  Stock-based payments   3.0
  Deferred income tax   3.1
Adjusted net earnings after tax   $9.0
Weighted average number of outstanding shares   412,232,485
Adjusted net earnings per share (basic, US$ per share)   $0.02


Conference Call Details

Management will host two conference calls to discuss the first quarter 2013 results on May 15 and May 16, 2013 as detailed below. The calls will feature presentations from Neil Woodyer, Chief Executive Officer, Attie Roux, Chief Operating Officer, and Christian Milau, Chief Financial Officer.

Analysts and interested investors are invited to participate using the dial in numbers below.

International:            +1 201-689-8040
North American toll-free:         +1 877-407-8133
Australian toll-free:           0011-800-2246-2666

The conference call can also be accessed through the following link:


To accommodate the North American/European market, the first conference call will be held and webcast by V-Call on Wednesday May 15, 2013 at:

8:00 am         in Vancouver
11:00 am         in Toronto and New York
4:00 pm         in London
11:00 pm       in Perth
1:00 am         in Sydney (May 16, 2013)

To accommodate the Australian market, the second conference call will be held and webcast by V-Call on Thursday May 16, 2013 at:

1:00 pm       in Perth
3:00 pm       in Sydney
10:00 pm       in Vancouver (May 15, 2013)
1:00 am       in Toronto and New York
6:00 am       in London

The call will be archived for later playback on Endeavour's website until May 14, 2014.

Qualified Persons

Adriaan "Attie" Roux, Pr. Sci.Nat, Endeavour's Chief Operating Officer, is a Qualified Person under NI 43-101, and has reviewed and approved the technical information related to mining operations in this news release.

About Endeavour Mining Corporation

Endeavour is a gold producer delivering growth. Endeavour owns three gold mines producing more than 300,000 ounces per year in Mali, Ghana and Burkina Faso that are generating significant operating cash flows which, together with cash and bullion balances, are funding further expansion. Endeavour's annual gold production is forecast to reach 450,000 ounces per year during 2014, including the Tabakoto mill expansion in 2013 and completion of construction of Agbaou Gold Mine in Côte d'Ivoire scheduled for Q1 2014. In addition, a January 2013 PEA shows potential for 160,000 ozs per year from the Houndé Project in Burkina Faso, which is being assessed by a feasibility study during 2013.

Endeavour Mining Corporation is listed on the TSX (symbol EDV) and ASX (symbol EVR), and also trades on the OTCQX (symbol EDVMF).

On behalf of Endeavour Mining Corporation

Neil Woodyer

Chief Executive Officer

Cash cost per ounce and All-in sustaining cash cost per ounce are non-GAAP performance measures with no standard meaning under IFRS.

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.





PDF available at: http://stream1.newswire.ca/media/2013/05/14/20130514_C7013_DOC_EN_26732.pdf

SOURCE: Endeavour Mining Corporation

For further information:

Marla Gale
Vice President - Investor Relations
+1 604 609 6117

UK/Europe: Bobby Morse
+44 20 7466 5000

Endeavour Mining Corporation
Regatta Office Park
Windward 3, Suite 240, PO Box 1793
West Bay Road, Grand Cayman
KY1-1109, Cayman Islands
Tel: +1 345 769 7250
Fax: +1 345 769 7256

Data and Statistics for these countries : Burkina Faso | Cayman Islands | Ghana | Mali | All
Gold and Silver Prices for these countries : Burkina Faso | Cayman Islands | Ghana | Mali | All

Endeavour Financial Corporation

ISIN : KYG3040R1092
CUSIP : G3040R109
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
Projects & res.
Asset profile
Contact Cpy

Endeavour Financial is a producing gold and cobalt company based in Cayman islands.

Its main exploration property is FYRE LAKE (KONA) in Canada.

Endeavour Financial is listed in Canada and in United States of America. Its market capitalisation is CA$ 2.4 billions as of today (US$ 1.9 billions, € 1.5 billions).

Its stock quote reached its lowest recent point on January 15, 1999 at CA$ 10.02, and its highest recent level on August 10, 2007 at CA$ 97.43.

Endeavour Financial has 96 450 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
Corporate Presentations of Endeavour Financial Corporation
9/25/2008Winston Updates Endeavour Financial
5/15/2008 Reinhard Updates Endeavour Mining Capital
1/17/2008Winston says investing in Endeavour Mining Capital (EDV-TSXV...
In the News and Medias of Endeavour Financial Corporation
10/17/2009Endeavour Financial recognizes upside in Etruscan’s assets
Annual reports of Endeavour Financial Corporation
Annual Report 2007
Financings of Endeavour Financial Corporation
Nominations of Endeavour Financial Corporation
3/26/2015Mining Appointment of New CFO
9/17/2013Mining strengthens Board of Directors
6/5/2013Mining Reports Election of Directors
4/2/2013Mining Appoints Ian Henderson to Board of Directors
2/25/2008Announces Appointment of Director, Marketing & Business Deve...
Financials of Endeavour Financial Corporation
11/4/2009To release First quarter results on November 10, 2009
4/29/2008Release Third Quarter Results on May 5, 2008
2/6/2008Release Second Quarter Results on February 12, 2008
Project news of Endeavour Financial Corporation
3/24/2016Endeavour Mining Corporation Announces Special Meeting of Sh...
7/8/2015Mining reports gold production of 255,000 ozs and $20m debt ...
2/19/2015Endeavour Mining increases mineral reserves to 4.5 million o...
8/11/2014Mining reports record gold production in Q2 2014 at an AISC ...
7/15/2014Mining reports six-month gold production of 228,000 ozs
5/12/2014Mining Reports Record Gold Production in Q1 2014 at an AISC ...
1/27/2014Mining declares commercial production at Agbaou and signs co...
9/20/2012Mining Announces Full and Final Settlement with Gold Reserve
4/20/2006reports additional high grade intercepts from Guanacevi proj...
Corporate news of Endeavour Financial Corporation
7/26/2016Endeavour Mining to Announce its Q2 Results on Thursday July...
7/12/2016Endeavour Mining Announces C$125 million Bought Deal Financi...
7/12/2016Endeavour Mining Announces Board Change
7/12/2016Endeavour Mining Reports Fatality at its Tabakoto Mine in Ma...
6/30/2016Endeavour Holds Groundbreaking Ceremony to Mark the Start of...
6/13/2016Endeavour Mining Announces C$125 million Bought Deal Financi...
5/31/2016Endeavour Mining Announces Notice of Annual General Meeting
5/2/2016Endeavour Reports First Quarter 2016 Results; AISC Continue ...
4/26/2016Endeavour Completes Acquisition of True Gold
4/21/2016Endeavour and True Gold Shareholders Approve Acquisition Tra...
1/28/2016Endeavour Silver to cut output in Mexico on low prices
1/15/2016Endeavour Mining Exceeds 2015 Guidance With 518,000 Ounces
1/11/2016Endeavour Mining Confirms ASX Delisting And Corporate Update
1/1/2016Mali produces 50 T of gold in 2015, expects more in 2016
12/1/2015Endeavour Mining Reports Agbaou Gold Mine Fully Repaid Share...
12/1/2015Endeavour Mining Updates ASX Share Consolidation Timetable
11/30/2015Endeavour Mining Announces Details of Share Consolidation an...
11/27/2015Endeavour Mining Completes La Mancha Transaction
11/6/2015Endeavour Mining to Release Q3 Results on November 13, 2015
11/5/2015Endeavour Mining Shareholders Approve the La Mancha Transact...
10/7/2015Endeavour Mining Mails Information Circular in Connection wi...
8/14/2015Endeavour Mining Reports Successful Agbaou Exploration Drill...
7/30/2015Endeavour Mining Q2 2015 AISC/oz of $898, Profit of $33M and...
7/30/2015Mining Q2 2015 AISC/oz of $898, Profit of $33M And $20M Debt...
7/23/2015Endeavour Mining To Release Q2 Results On July 30, 2015
7/23/2015Endeavour Mining Reports Gold Production of 255,000 Ozs and ...
7/23/2015Mining to release Q2 results on July 30, 2015
6/18/2015Endeavour Mining Reports Results of AGM Voting
6/17/2015Edited Transcript of EDV.TO earnings conference call or pres...
4/9/2015Mining produced 124,000 oz in Q1 2015 at mid-point of AISC g...
3/27/2015Endeavour Mining Files Technical Reports for Agbaou and Youg...
3/26/2015Endeavour Mining Appointment of New CFO
3/15/2015Endeavour Mining Generates Record Operating Cash Flow in 201...
3/10/2015Endeavour Mining Extends Five Year Credit Facility To March ...
3/10/2015Endeavour Mining Extends Five Year Credit Facility to March ...
3/10/2015Mining Extends Five Year Credit Facility to March 31, 2020
2/26/2015Endeavour Mining Generates Record Operating Cash Flow in 201...
2/26/2015Endeavour Mining Files Early Warning Report Related to Share...
2/25/2015Endeavour Mining files Early Warning Report related to share...
2/24/2015Endeavour Mining to release 2014 year-end results on Februar...
2/23/2015Geodrill Secures Significant New Drilling Contracts for 2015
2/19/2015IIROC Trade Resumption - EDV
2/19/2015Mining Updates Houndé Project Economics Following Increase I...
2/19/2015Endeavour Mining Updates Houndé Project Economics Following ...
1/15/2015Mining delivers 466,000 oz in 2014 to exceed guidance and ge...
10/30/2014Mining to release Q3 results on November 3, 2014
9/15/2014Mining provides notice of a substantial holder
8/1/2014Mining to Release Q2 Results on August 11, 2014
6/25/2014Mining Reports Commencement of Production from Segala Underg...
6/19/2014Mining reports results of AGM voting
5/22/2014Mining files Early Warning Report related to shareholding in...
5/5/2014Mining to Release Q1 Results on May 12, 2014
4/28/2014Mining files Technical Report for Tabakoto Gold Mine
3/19/2014Mining Reports 2013 All-In Margin of $93 Million and AISC of...
3/6/2014Mining Updates Agbaou Gold Mine Performance
11/4/2013Mining to release Q3 results on November 12, 2013
10/15/2013Mining initiates mining at Agbaou and completes power line i...
8/14/2013Mining reports Q2 all-in sustaining cost of $1,038/oz
8/6/2013Mining Reports Delivery of Mining Equipment at Agbaou Gold M...
7/24/2013Mining increases and extends debt facility to strengthen fin...
7/24/2013Mining increases and extends debt facility to strengthen fin...
6/25/2013Mining reports Tabakoto Mill expansion achieves design capac...
5/14/2013Mining reports Q1 all-in sustaining margin of $39 million an...
5/6/2013Mining to release Q1 results on May 14, 2013
4/24/2013Mining reports Agbaou Gold Mine construction progress
4/11/2013Mining Announces Mali Humanitarian Donation In Cooperation W...
3/20/2013Mining to release 2012 year-end results on March 28, 2013
3/12/2013Mining files Houndé PEA, completes in-fill drilling and adva...
10/18/2012Avion Gold announces completion of acquisition by Endeavour ...
10/1/2012Mining announces ISS and Glass Lewis recommend in favour of ...
8/21/2011Mining and Adamus Resources to Merge and Create a New Growth...
9/29/2009Burkina Faso, Brazil, Ghana & H1N1
1/26/2009GSWeekly - smart money - Endeavour Financial
9/10/2008Reinhard Updates Endeavour Financial Corp.
6/9/2008Announces Proposed Name Change and New Website
4/1/2008 Renews normal course issuer bid
2/15/2008Declares Monthly Dividend for February 2008
2/12/2008 Announces Q2 Earnings
1/14/2008declares monthly dividend for January 2008
12/12/2007Declares Monthly Dividend
10/23/2007Announces 80% Increase in Dividend
5/19/2006reports record silver quaterly silver production, gross reve...
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
CA$ 24.51
02/26 16:00 -0.020
Prev close Open
24.53 24.68
Low High
23.49 24.99
Year l/h YTD var.
24.51 -  33.01 -17.25%
52 week l/h 52 week var.
20.01 -  38.85 3.42%
Volume 1 month var.
1,263,847 -11.45%
24hGold TrendPower© : 37
Explores for Cobalt - Copper - Gold
Interactive chart Add to compare
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
5 years chart
3 months chart
3 months volume chart
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
announces expected non-cash impairment
AU$ 7.26+0.41%Trend Power :
Oceana Gold(Au)OGC.AX
AU$ 1.86-1.06%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 2.54-1.74%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
US$ 1.11-1.77%Trend Power :
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
Reduced Funding Requirement
GBX 2.01-2.66%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06-8.33%Trend Power :
Closes Bridge Loan Financing
CA$ 4.69-1.88%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 14.57-1.29%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.54+0.00%Trend Power :
Q A April 2017 Quarterly Report
AU$ 0.23-4.17%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 5.13+0.00%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 21.54+0.89%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
2nd Quarter Report
AU$ 0.05+0.00%Trend Power :