Endeavour Mining Corporation Announces Operating Results for the Fourth Quarter and Year Ended December 31, 2019; Provides Production Guidance for the Year 2020
For the year, the company reported gold production of 651,000 oz against 612,000 oz for the same period a year ago. Total production was 651,000 oz against 727,000 oz for the same period a year ago.
The company has provided production guidance for the year 2020. For the year, group production is expected to increase to 680-740 koz in 2020 at an AISC of $845-895/oz. Production is expected to be higher and AISC lower during the latter portion of the year, notably due to the expected commissioning of the higher-grade Kari Pump deposit at Houndé. More details on individual mine guidance have been provided in the above sections.