Endeavour Mining takes sharp write-down of Burkina gold mines
The group, headed by Sébastien de Montessus, facing stagnation in its production, has posted a slight net loss in 2022.
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▪ Endeavour Mining takes sharp write-down of Burkina gold mines
▪ The group, headed by Sébastien de Montessus, facing stagnation in its production, has posted a slight net loss in 2022.
▪ https://www.africabusinessplus.com/en/815092/endeavour-mining-takes-sharp-write-down-burkina-gold-mines/
The Burkinabe gold mines of Boungou and Wahgnion, which were part of two recent major acquisitions, Semafo and Teranga Gold, have been subject to a significant non-cash impairment by their operator, Endeavour Mining, the group partially owned by Egyptian financier Naguib Sawiris.
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