We are focused on optimising and managing our assets in line with our overall strategy to focus on a diversified portfolio of large, low-cost and long life mines.

Target portfolio criteria

+10 years

mine life

>250 koz

per year

Industry-leading

All-In Sustaining Cost

Unlocking exploration value
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  • +250 Exploration Targets
  • Proven ranking and screening methodology to filter targets to group discovery target.
  • 2 high priority efforts at Siguiri and Sia/Sianikoui

Target criteria
<$25/oz discovery cost
+2Moz discoveries

Proven project development
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  • Strong track record of project builds with in-house projects team
  • Recently completed Lafigué mine build and Sabodala-Massawa BIOX expansion
  • 2 Technical studies in progress at Tanda Iguela and Kalana
  • 3 projects at resource stage

Target criteria
+ 20% after-tax at $1,500/oz

Optimising our mines
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  • Range of optimisation initiatives at our 5 mines include:
    • Renewable energy projects
    • Energy optimisations and grid connections
    • Fleet optimisations
    • Mining and processing optimisations

Target criteria 
+20% ROCE

Portfolio map
Ity mine
Houndé mine
Mana mine
Sabodala-Massawa mine
Lafigué mine
Tanda Iguela project
Kalana project
Houndé exploration
Ity exploration
Mana exploration
Sabodala-Massawa exploration
Lafigué exploration
Siguiri exploration
Regional office
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Côte d'Ivoire
Ity mine
The Ity mine is one of Endeavour’s cornerstone assets, where the goal is to sustain production above 250koz/year over a +10-year life of mine at an industry-leading AISC.
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Burkina Faso
Houndé mine
The Houndé mine is one of Endeavour’s cornerstone assets, where the goal is to sustain production above 250koz/year over a +10-year life of mine at an industry leading AISC.
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Burkina Faso
Mana mine
The focus at Mana is to increase the mine life to more than 10 years, through the expansion of the underground deposits and evaluating local open pit targets.
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Senegal
Sabodala-Massawa mine
The Sabodala-Massawa mine is one of Endeavour’s cornerstone assets and recently underwent an expansion which will elevate it to top-tier status with a targeted production of above 400koz/year at an industry leading AISC.
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Côte d'Ivoire
Lafigué mine
The Lafigué mine poured first gold at the end of Q2 2024 and is Endeavour’s newest cornerstone mine. The goal at Lafigué is to produce over 200koz per year at an industry leading all-in sustaining cost of approximately $900/oz for at least 13 years.
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Côte d'Ivoire
Tanda Iguela project
At the Tanda-Iguela greenfield property Endeavour has delineated a 4.5Moz Indicated resource at 2 g/t Au for the Assafou deposit, demonstrating its Tier 1 asset potential and ranking as one of the most significant discoveries made in West Africa over the last decade.
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Mali
Kalana project
The Kalana project, acquired in 2017, is located approximately 250 km south of Bamako, the capital city of Mali. A positive pre-feasibility study (“PFS”) was published in February 2021.
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Burkina Faso
Houndé exploration
The Houndé Mine looks to meet the target of discovering 3.0 to 4.0 million ounces of Indicated resources over the next five years at a discovery cost of less than $19/oz.
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Côte d'Ivoire
Ity exploration
Endeavour has established a five year discovery target of 3.5 – 4.5 million ounces of Indicated resources at a discovery cost of less than $17/oz at Ity.
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Burkina Faso
Mana exploration
The primary objective is to increase the mine life to 10 years, and Endeavour sees considerable additional opportunity remaining with the five year discovery target for Mana now set for 1.0 to 1.5 million ounces of Indicated resources at a discovery cost of less than US$30/oz.
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Senegal
Sabodala-Massawa exploration
Endeavour has established a target to discover between 2.3 and 2.7 million ounces of Indicated resources at a discovery cost of less than $26/oz over the next five years.
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Côte d'Ivoire
Lafigué exploration
Lafigué is a greenfield discovery where over 3Moz of M&I resources have been discovered since Endeavour commenced drilling on the asset in 2018. Given the strong exploration potential, Endeavour is targeting the discovery of 1.2 – 1.8Moz of Indicated resources over the 2021 and 2025 period.
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Guinea
Siguiri exploration
The Siguiri exploration licenses are located in northwest Guinea, located next door to AngloGold’s Siguiri Mine.
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Côte d'Ivoire
Regional office
Our regional hub for the company is located in the port city of Abidjan. Route du Lycée Technique, Abidjan, Côte d'Ivoire, 08 BP 872

A superior operating model

Our geographic focus provides a strong competitive advantage.

Largest

gold producer in West Africa

Industry-leading

All-in Sustaining Cost

+11 years

Meeting or exceeding production guidance

Operating model
  • We are the largest producer in each of our operating countries, which enhances our ability to extract synergies
  • We can leverage significant synergies from shared technical functions
  • We have a hands-on management model with teams close to operations
  • We've built long-standing and trusted stakeholder relationships
  • We have airstrips on each site which enhances security and our ability to quickly provide management expertise
  • We maintain an industry-leading AISC

Portfolio map showing flight times from our regional offices to our mine sites:

A strong construction track record

Industry-leading capital intensity

On-schedule in <24 months

On-budget

Projects Timeline

Leveraging our in-house construction expertise

Sabodala-Massawa, Senegal
Built in 2009
Built by Teranga

Agbaou, Côte d’Ivoire
Built in 2014
Built by Endeavour

Houndé, Burkina Faso
Built in 2017
Built by Endeavour

Boungou, Burkina Faso
Built in 2018
Built by Semafo

Ity CIL, Côte d’Ivoire
Built in 2019
Built by Endeavour

Wahgnion, Burkina Faso
Built in 2019
Built by Teranga

Lafigué, Côte d’Ivoire
Built in 2024
Built by Endeavour

Key production statistics

>1.1 Moz

Annual production

<$975/oz AISC

Guidance

Diversified

Across multiple countries and mines

Gold production by mine

2023 (cont. ops)
2022
  • Sabodala-Massawa (SEN)
  • Ity (CIV)
  • Houndé (BF)
  • Mana (BF)
  • Wahgnion (BF)
  • Boungou (BF)

Portfolio overview

Our Houndé mine

An introduction to our Houndé mine in Burkina Faso

Our Ity mine

Introducing our Ity mine in Côte d'Ivoire

Lafigué first gold

Announcing our first gold pour at our new Lafigué mine