Endeavour Mining Corp. one of the fastest-growing gold producers in Africa, says bigger isn’t always better.
ENDEAVOUR MINING CAPITAL CORP. Mining News
Endeavour Mining Reports Q1 2011 cash flow from mine operations of $6.6 million and on track to product 84,000 ozs in 2011
Endeavour's Youga Mine in Burkina Faso produced 20,056 ounces of gold during Q1 2011 at cash cost of $664 per ounce sold1. Endeavour reiterated its production guidance for 2011 with a production target of 84,000 ounces of gold at cash cost of approximately $600 per ounce sold1. At March 31, 2011, the Corporation had cash & equivalents and marketable securities of $196 million and was debt-free.