EDV Finds More Gold at Youga Mine in West Africa

May 2, 2012 by metalinvestmentnews · Leave a Comment 

West Africa’s 2011 gold production was about 7 million ounces, accounting for 8% of the global supply. 2015 production is estimated at 11 million ounces. Endeavour Mining (EDV-TSX.V) (EVE-ASX) (EDVMF-OTCQX) owns two gold mines producing approximately 180,000 ozs per year in the West African countries of Ghana and Burkina Faso.   On April 30, 2012, [...]

Endeavour’s Youga Life of Mine Increases 80%

February 6, 2012 by metalinvestmentnews · Leave a Comment 

When Adamus Resources merged with Endeavour Mining Corp (EDV-TSX; EVR-ASX) on December 19, 2011 they became a $600 million gold mining company focussed on West Africa. On January 30, 2012 EDV announced it met 2011 production targets producing 177,290 ounces of gold at a cash cost per ounce of $614 (excluding royalties), comprised of 90,026 [...]

Australian Miner Finds a Sugar Daddy

November 9, 2011 by metalinvestmentnews · Leave a Comment 

Adamus Resources (ADU-ASX) is a well-managed gold producer headquarted in Perth, Australia. Its lead asset is located in Ghana, West Africa. The company poured its first gold in January 2011, entered commercial production three months later and is on target is to produce 100,000 ounces of gold annually from its flagship Nzema Gold Project. Adamus [...]