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20/07/2017
Orezone Announces Appointment of New Director
 
07/07/2017
ENDEAVOUR ANNOUNCES THE RETIREMENT OF ITS COO
 
31/05/2017
RETIREMENT OF DEPUTY CHAIRMAN - Mineral Deposits Limited
 
 
 
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   07/03/2016
 
Endeavour to acquire True Gold
 
True Gold Mining Inc. announced hat it has entered into a definitive agreement with Endeavour Mining Corporation whereby Endeavour has agreed to acquire True Gold in an all-share transaction

True Gold’s principal asset is a 90% interest in the Karma Mine in Burkina Faso, which is nearing production start-up with first gold pour anticipated in late March / early April 2016. The acquisition will increase Endeavour Mining's forecast gold production rate by approximately 110,000 - 120,000 ounces per year at a low AISC of approximately US$700/oz in years 1 to 5, with a mine life of 8.5 years based on current reserves.

The Karma gold mine will become a cornerstone asset within Endeavour’s existing portfolio of four operating mines along with its fully permitted and construction ready Houndé project. The combined company will also benefit from having one of the largest and most prospective exploration land packages in West Africa.


 
 
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