Endeavour Comments on Media Reports
October 07 2024 - 11:00AM
UK Regulatory
Endeavour Comments on Media Reports
ENDEAVOUR COMMENTS ON MEDIA
REPORTS
London, 7 October 2024 –
Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) (“Endeavour”
or the “Company”) notes media reports following a radio interview
with the President of Burkina Faso, Ibrahim Traoré.
On 5 October President Traoré spoke on Radio
Burkina to commemorate two years of his Presidency. He discussed
several topics including corruption, security, transport,
agriculture and mining, including a reference to certain mining
permits that may potentially be revoked.
Endeavour remains a trusted partner to the
Government of Burkina Faso and can confirm that it is not currently
aware of any plans to revoke any of its mining permits. The
Government remains supportive of Endeavour’s position in country as
evidenced by the recent successful settlement agreement that
Endeavour signed, involving the State of Burkina Faso, in respect
of the divestment of the Boungou and Wahgnion mines, for which
Endeavour has now received the first $30m payment.
CONTACT INFORMATION
Jack Garman
Vice President, Investor Relations
+44 203 011 2723
jack.garman@endeavourmining.com |
Brunswick Group LLP in London
Carole Cable, Partner
+44 207 404 5959
ccable@brunswickgroup.com |
ABOUT ENDEAVOUR MINING PLC
Endeavour Mining is one of the world’s
senior gold producers and the largest in West Africa, with
operating assets across Senegal, Cote d’Ivoire and Burkina Faso and
a strong portfolio of advanced development projects and exploration
assets in the highly prospective Birimian Greenstone Belt across
West Africa.
A member of the World Gold Council,
Endeavour is committed to the principles of responsible mining and
delivering sustainable value to its employees, stakeholders and the
communities where it operates. Endeavour is listed on the London
and Toronto Stock Exchanges, under the symbol EDV.
For more information, please visit
www.endeavourmining.com.
CAUTIONARY NOTE REGARDING
FORWARD-LOOKING INFORMATION
This news release contains "forward-looking
statements" within the meaning of applicable securities laws.
All statements, other than statements of historical fact, are
"forward-looking statements". Generally, these forward-looking
statements can be identified by the use of forward-looking
terminology such as "expects", "expected", "budgeted", "forecasts",
and "anticipates".
Forward-looking statements, while based on
management's best estimates and assumptions, are subject to risks
and uncertainties that may cause actual results to be materially
different from those expressed or implied by such forward-looking
statements, including but not limited to: risks related to the
successful integration of acquisitions; risks related to
international operations; risks related to general economic
conditions and credit availability, actual results of current
exploration activities, unanticipated reclamation expenses; changes
in project parameters as plans continue to be refined; fluctuations
in prices of metals including gold; fluctuations in foreign
currency exchange rates, increases in market prices of mining
consumables, possible variations in ore reserves, grade or recovery
rates; failure of plant, equipment or processes to operate as
anticipated; accidents, labour disputes, title disputes, claims and
limitations on insurance coverage and other risks of the mining
industry; delays in the completion of development or construction
activities, changes in national and local government regulation of
mining operations, tax rules and regulations, and political and
economic developments in countries in which Endeavour operates.
Although Endeavour has attempted to identify important factors that
could cause actual results to differ materially from those
contained in forward-looking statements, there may be other factors
that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements. Please refer to Endeavour's most recent Annual
Information Form filed under its profile at www.sedarplus.ca for
further information respecting the risks affecting Endeavour and
its business.
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