Endeavour Mining looks for growth in uncertain gold market

Endeavour Chief Financial Officer Christian Milau and Senior Vice President Doug Reddy
Endeavour Chief Financial Officer Christian Milau and Senior Vice President Doug Reddy

By Peter Kennedy
Stockhouse

After keeping their heads down during a recent mine development phase, executives from West Africa-focused Endeavour Mining Corp. (TSX: T.EDV, Stock Forum) are moving to raise the company’s profile.

During a marketing trip that included a stop off in Vancouver Tuesday, Endeavour Chief Financial Officer Christian Milau said the company expects to produce up to 440,000 ounces of gold this year from four operating mines in Burkina Faso, Ghana, Cote d’Ivoire, and Mali.

He also said Endeavour sees the opportunity to add another 180,000 ounces of annual gold production to its roster by developing the Hounde Project in Burkino Faso at a cost of around $315 million.

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