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Endeavour Mining Corporation (TSX:EDV) reported that its Côte d’Ivoire subsidiary has been granted the mining permit for its 85%-owned Agbaou Gold project. Construction is underway and production is slated for the beginning of 2014.
Endeavour Mining Corporation (TSX:EDV) reported that its Côte d’Ivoire subsidiary has been granted the mining permit for its 85%-owned Agbaou Gold project. Construction is underway and production is slated for the beginning of 2014.
As quoted in the report:
The terms of the Mining Permit are as expected and include:
- A royalty of 3% to the State;
- A 10% free carried interest to the State; and
- An area of 334 km2.
Click here to read the full press release.
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