First gold drop from the Endeavour’s BIOX project in Senegal

First drop

Endeavour Mining announced the successful pouring of the first gold from its Senegal mine expansion project. The first drop was exploited on April 18. This achievement marks the timely and within-budget completion of the BIOX expansion endeavor.

Milestones

Supported by Egyptian billionaire NAGUIB SAWIRIS, the milestone comes two years after the commencement of construction. Endeavour Mining remains steadfast in its pursuit of meeting its 2024 output guidance, targeting between 1.13 million and 1.27 million ounces of gold.

Expansion

Led by Lawrence Manjengwa, head of operations at Sabodala Gold Operation/Massawa, the expansion is poised for commercial production in the late second quarter. By the third quarter, it is anticipated to reach its nameplate capacity of 1.2 million tonnes per year.

Valued at $290 million, the Sabodala-Massawa BIOX expansion marks the fourth successful capital project completed by Endeavour Mining within the past decade. Ian Cockerill attributes this achievement to the exceptional quality of the projects team and the company’s competitive edge in West Africa. He has stated that: “this is a testament to the quality of our projects team and the competitive advantage we have in West Africa”

New target

While celebrating this milestone, Endeavour Mining is already looking ahead to its next venture, the Lafigué project in Côte d’Ivoire. Anticipated to commence in the coming weeks, this project is poised to be completed a full quarter ahead of schedule.