Endeavour Mining presents $1.2 billion Assafou project targeting first gold in 2029
EDV•EDV•EDV•EDV•Endeavour Mining launched construction of its $1.2 billion Assafou gold project in Côte d'Ivoire, targeting first gold in the first half of 2029. The project is expected to produce 320,000 ounces annually during its first eight years.
Endeavour Mining launched construction of the $1.2 billion Assafou gold project in Côte d'Ivoire, targeting first gold in the first half of 2029. Assafou is expected to produce 320,000 ounces annually during its first eight years, with a mine life exceeding 16 years.
Endeavour expects full-year 2026 production in the lower half of its 1,090,000-to-1,265,000-ounce guidance range. Its all-in sustaining cost guidance remains on track at $1,600 to $1,800 per ounce. The company targets annual gold production of 1,500,000 ounces by 2030, with first-quartile all-in sustaining costs.
