Endeavour Mining Successfully Completes Senegal Mine Expansion Project
Endeavour Mining recently announced the successful pouring of the first gold from its Senegal mine expansion project, marking a significant milestone achieved on April 18.
This achievement signals the timely and within-budget completion of the BIOX expansion initiative, supported by Egyptian billionaire Naguib Sawiris.
The project, which commenced construction two years ago, underscores Endeavour Mining’s commitment to meeting its 2024 output guidance, aiming for a gold production between 1.13 million and 1.27 million ounces.
Lawrence Manjengwa, head of operations at Sabodala Gold Operation/Massawa, led the expansion effort, positioning it for commercial production in the late second quarter and aiming to reach its nameplate capacity of 1.2 million tonnes per year by the third quarter.
Valued at $290 million, the Sabodala-Massawa BIOX expansion represents Endeavour Mining’s fourth successful capital project completed in the past decade.
Ian Cockerill attributes this accomplishment to the exceptional quality of the projects team and the company’s competitive edge in West Africa, stating, “this is a testament to the quality of our projects team and the competitive advantage we have in West Africa.”
While celebrating this achievement, Endeavour Mining is already gearing up for its next venture, the Lafigué project in Côte d’Ivoire. Expected to commence in the coming weeks, this project is poised to be completed a full quarter ahead of schedule, highlighting the company’s ongoing commitment to efficient project execution and growth.
