The mine has been in operation for over a decade, producing +2.1Moz gold.

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.  

Key stats

142 koz

2023 Production
 

$1,427/oz

2023 AISC1
 

150 koz – 170 koz

2024 Production guidance
 

$1,200/oz – $1,300/oz

2024 AISC1 guidance
 

1. This is an alternative performance measure (non-GAAP measure). Please refer to the Alternative Performance Measures sections in the Annual Report 2023 Financial Review for definitions and reconciliations of alternative performance measures to IFRS.

Mana mine

Recent discoveries resulted in the development of the Siou underground mine and the Wona underground mine.

In 2024, the Mana mine transitioned to be a fully underground operation across three declines. 

Mana mine

Key facts

Ownership

90% EDV, 10% Government of Burkina Faso

Mining method

Open Pit/Owner Mining and Underground Pit/Contractor Mining

Production start date

2008 for the CIL Plant

Processing Technology

CIL Plant

Expected mine life

+9 years

Workforce

Approximately 940

Location

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.
content_Mana_map-thumb.jpg

Burkina Faso
Mana mine
The Mana mine is located in the northern part of the highly prospective Houndé Greenstone Belt, approximately 60km north of the Houndé mine.
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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.
content_Lafigue_map-thumb.jpg

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.
content_exploration-lafigue.jpg

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.
Regional office.jpeg

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

Timeline

1998

Discovery of Mana

2006

Construction began

2008

First production

2012

Mill expansion to 8,000tpd

2014

First production from Siou and Fofina

2017

PFS for Siou underground

2018

Development started for Siou UG

2020

Siou UG development completed

2021

Development started for Wona UG

Exploration potential

Mana

Mana is made up of nine exploration permits which cover more than 1,300 square kilometers of the highly prospective Houndé Greenstone Belt. The primary objective is to increase the mine life to ten years.

SEMAFO had completed extensive exploration in the past, but following an exhaustive review, 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.

Endeavour's programme is focused on evaluating oxide open pit targets within 20 kilometers of the plant, such as Maoula, and on evaluating underground targets at Siou and Nyafe. Endeavour sees good potential to continue to increase the Wona and Siou underground resources which offer potential to extract high-grade mineralisation. The other historical Mana open pit deposits are constrained by relatively shallow drilling due to the refractory nature of the sulphide ore. Endeavour has not yet considered this refractory resource potential into its five-year discovery target, but it does offer significant upside potential.

*Operational data FY-15 FY-16 FY-17 FY-18 FY-19 FY-20 FY-21 FY-22 FY-23
Mining
Waste - open pit (kt) 34,217 35,023 38,710 33,646 28,082 23,000 21,504 2,355 4,702
Ore mined - open pit (kt) 2,391 2,176 2,268 2,110 1,338 1,502 2,025 1,260 1,298
Total mined - underground (kt) 100
Ore mined - underground (kt) 100 714 838 944 1,314
Processing
Ore processed (kt) 2,399 2,753 2,740 2,574 2,061 2,433 2,593 2,607 2,443
Grade (g/t) 3.63 2.88 2.46 2.36 2.28 3.02 2.65 2.49 2.01
Recovery (%) 91 94 95 93 90 93 91 92 91
Production (oz) 255,900 240,200 206,400 181,000 135,700 218,500 211,424 194,975 142,241
Cash cost details
Cash cost per ounce sold (US$/oz) 493 548 655 796 762 801 966 943 1,284
All-in sustaining costs (US$/oz) 645 720 942 1,056 1,095 973 1,026 994 1,427

*Asset acquired on 1 July 2020, data not reported by Endeavour before this date.

Operating performance

Key metrics FY-17 FY-18 FY-19 FY-20 FY-21 FY-22 FY-23
Safety and health
Fatalities 0 0 0 0 0 0 0
Lost Time Injuries 0 0 0 0 0 0 0
Energy*
Energy consumption (GJ) —      1,534,533 1,857,686 1,254,924 1,009,888
Energy intensity (GJ/oz of production) 12.7 9.1 9.1 7.0
Emissions*
GHG emissions (tCO2e) —  —  —  108,473 130,740 84,062 125,703
GHG emissions intensity (tCO2e/oz of production) —  —  —  —  0.7 0.6 0.9
Water*
Water withdrawal (ML) —  —  —  2,397 778 1,361 843
Water withdrawal Intensity (ML/oz of production) —  —  —  0.011 0.004 0.007 0.006
Water consumption (ML) —  —  —  2,352 1,235 1,218 755

*Asset acquired on 1 July 2020, data not reported by Endeavour before this date.

ESG performance

Our approach (to ESG)

Presentations and technical reports

Title Document
2017 Technical Report View
Title Document
2017 Technical Report View
On a 100% basis. Resources shown inclusive of reserves Tonnage
(Mt)
Grade
(Au g/t)
Content
(Au koz)
Proven reserves 2.1 2.81 191
Probable reserves 7.6 2.96 719
P&P reserves 9.7 2.93 910
Measured resource (incl of reserves) 7.1 1.40 321
Indicated resources (incl of reserves) 28.8 2.18 2,022
M&I resources (incl of reserves) 35.9 2.03 2,342
Inferred resources 7.6 3.47 851

Current at December 31, 2023

Reserves and resources