Endeavour Mining presents USD 1.2 billion Assafou project targeting first gold in 2029

By Public Technologies
  • Endeavour Mining launched construction of the USD 1.2 billion Assafou gold project in Côte d'Ivoire, targeting first gold in H1 2029.
  • Assafou is expected to produce 320,000 ounces annually during its first eight years, with a mine life exceeding 16 years.
  • Full-year 2026 production is expected in the lower half of guidance of 1,090,000-1,265,000 ounces.
  • All-in sustaining cost guidance remains on track at USD 1,600-1,800 per ounce.
  • Annual gold production is targeted to reach 1,500,000 ounces by 2030, with first-quartile all-in sustaining costs.


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