Gold Mining in Ghana
By Siv Padhy
Juniors and major miners are pursuing gold mining in Ghana. The country has seen economic growth and great resource output in recent years.
Your trusted source for investing success
Your trusted source for investing success
By Siv Padhy
Juniors and major miners are pursuing gold mining in Ghana. The country has seen economic growth and great resource output in recent years.
Endeavour Mining Corp. (TSX:EDV,ASX:EVR,OTCQX:EDVMF) announced its production results for Q3 2015, commenting that it put out 124,893 ounces of gold.
Endeavour Mining is a gold producer with four operations located in different African countries. Mount Gibson is an iron ore producer with mines in Western Australia.
Mali’s president was ousted in March and rebels have controlled much of the north ever since. How has the gold industry fared in the midst of the turmoil?
Endeavour Mining Corp. (TSX:EDV,OTCQX:EDVMF,ASX:EVR) announced that it’s entered into a long-term strategic partnership with privately held gold investment company La Mancha Holding Sarl. La Mancha is controlled by the Sawiris family.
Endeavour Mining Corp. (TSX:EDV,ASX:EVR,OTCQX:EDVMF) announced that during the first quarter of 2015 it produced 124,000 ounces of gold.
Endeavour Mining Corp. (TSX:EDV,ASX:EVR,OTCQX:EDVMF) announced that at the end of 2014, mineral reserves at its Hounde project sat at 2.1 million ounces, up 34 percent.
Endeavour Mining Corp. (TSX:EDV,ASX:EVR,OTCQX:EDVMF) announced that it has received the final mining permit necessary to operate its Burkina Faso-based Hounde gold project.
Endeavour Mining Corp. (TSX:EDV,ASX:EVR,OTCQX:EDVMF) announced that during 2014 it produced 466,000 ounces of gold, with 120,000 of them being put out in Q4.
Market watchers believe gold’s price rise following news of the Fed’s stimulus reduction may be due to tapering being priced into the market.
By Vivien Diniz
Endeavour Mining Corporation (TSX:EDV, ASX:EVR, OTCQX:EDVMF) achieved commercial production from the Agbaou Gold Mine following the successful commissioning of the processing plant.
Endeavour Mining Corporation (TSX:EDV, ASX:EVR, OTCQX:EDVMF) announced that the expanded mill at their Tabakoto Gold Mine is operating at capacity and anticipates throughput to average 4,000 tpd.
Aurizon has recommended that shareholders reject a $4.6-per-share hostile bid as “inadequate and opportunistic.”
Endeavour Mining Corp. (TSX:EDV,ASX:EVR,OTCQX:EDVMF) announced the receipt of a positive NI 43-101 compliant preliminary economic assessment (PEA) for its Burkina Faso-based Hounde gold project, also noting that an updated mineral resource estimate for the project is available.
The approaching fiscal cliff and promising jobs data out of the United States conspired to pull down gold this week. A report from PwC, however, is bullish on the precious metal in 2013.
By Vivien Diniz
Gold prices were stable for most of the week, but faltered on Thursday on European economic and US fiscal worries.
Today’s tough resource markets are weighing on deal making, but cash-rich miners are still spotting attractive opportunities. And gold companies could be especially ripe for takeovers.
There was some relief this week for South Africa’s beleaguered gold sector, with just under 10,000 workers heading back to their shifts after downing tools in illegal strikes. The gold price, meanwhile, was mostly flat, hemmed in between good economic news from the US and continued uncertainty in Europe.
Gold was flat this week on thin summer trading volumes, but expectations are still high that another round of quantitative easing will boost the price of the yellow metal.
Endeavour Mining Corp. (TSX:EDV,ASX:EVR,OTCQX:EDVMF) announced that it will acquire all of Avion Gold Corp.’s (TSX:AVR:OTCQX:AVGCF) issued and outstanding shares. The transaction will bring Endeavour’s gold production up to about 300,000 ounces a year.
