Endeavour Mining Plc (EDVMF.PK), a miner focused on Africa, said on Friday that it has achieved commercial production at its Sabodala-Massawa BIOX Expansion in Senegal, and Lafigue mine in Cote d'Ivoire with effect from August 1.
The two projects have been completed on budget and on schedule, with the full ramp up to nameplate capacity underway, the company noted.
Ian Cockerill, CEO, of Endeavour, said: "Both projects will drive stronger operating performance in the second half of the year, underpinning our Group production guidance, while adding low-cost production, extending mine life visibility, and increasing the geographic diversification of the portfolio."
All circuits are operating in-line with expectations at Sabodala-Massawa BIOX Expansion and during July and August combined, 160kt of ore was processed at a grade of 2.8g/t gold.
Processing rates exceeded 2,580 tons per day, equivalent to 80 percent of nameplate capacity, and plant availability was above 94 percent.
At Lafigue mine, all circuits are operating in-line with expectations and during August, 241kt of ore was processed at a grade of 1.8g/t gold.
Processing rates exceeded 7,700 tons per day, equivalent to 72 percent of nameplate capacity and overall plant availability was above 87 percent with average gold recovery rates above 95 percent.
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