Business
Endeavour Mining reports delivery of mills at Agbaou Gold Mine and achieves 75% physical completion
VANCOUVER , June 12, 2013 /CNW/ - Endeavour Mining Corporation ("Endeavour" or the "...
About this update from Endeavour Mining Plc
[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, June 12, 2013 /CNW/ - Endeavour Mining Corporation (\"Endeavour\" or the \"Corporation\") (TSX:\n EDV, ASX: EVR, OTCQX: EDVMF) announces that the ball and SAG mills have\n arrived at site for the Agbaou Gold Mine in Côte d'Ivoire. Construction\n continues on-schedule toward initial production in Q1 2014. \n\n\nAgbaou Gold Mine Construction Highlights:\n\n\n\nTo date, approximately 77% of the US$160 million construction budget has\n been committed, with US$85 million spent and the project is\n approximately 75% physically complete\n\nBall mill and SAG mill shells and additional mill components have\n arrived on site; the mill installation contract has been awarded and\n the installation schedule finalized\n\nConstruction of the 15km power line is progressing well, with clearing\n completed and tower foundation installation underway. Tower\n installation commences in July, with the 91kV overhead powerline\n remaining on-track for key milestone dates\n\nThe North and South pits have been cleared in preparation for grade\n control drilling\n\nThe Tailings Storage Facility and 130-man camp have been completed\n\nThe water borehole drilling campaign is progressing well\n\nStructural steel and building erection is well-advanced, including the\n mechanical workshop, laboratory, mine services workshop and reagents\n sheds\n\nOrdering of spares and first fill reagents is ahead of schedule\n\nOperations integration has commenced with the General Manager on-site\n and recruiting his operations team\n\nEndeavour continues to focus on strengthening its in-country\n relationships. In May, Endeavour's CEO, Neil Woodyer met with Côte\n d'Ivoire President Ouattara and Mines Minister Toungara\n\n\n\nAbout Endeavour Mining Corporation\n\n\nEndeavour is a gold producer delivering growth. Endeavour owns three\n gold mines producing more than 300,000 ounces per year in Mali, Ghana\n and Burkina Faso that are generating significant operating cash flows\n which, together with cash and bullion balances, are funding further\n expansion. Endeavour's annual gold production is forecast to reach\n 450,000 ounces per year during 2014, including the Tabakoto mill\n expansion in 2013 and completion of construction of Agbaou Gold Mine in\n Côte d'Ivoire scheduled for Q1 2014. In addition, a January 2013 PEA\n shows potential ...