What Happened?
Vancouver, BC-based Endeavour Mining Appointed Mark Morcombe as Chief Operating Officer
Date of management change: February 21, 2019
Vancouver, BC-based Endeavour Mining Appointed Mark Morcombe as Chief Operating Officer
Endeavour Mining is a premier intermediate gold producer, with a solid track record of operational excellence, project development and exploration in the highly prospective Birimian greenstone belt in West Africa. Endeavour operates 4 mines across Cote d Ivoire (Agbaou and Ity) and Burkina Faso (Houndé, Karma), which produced 612koz at an All-In Sustaining Cost (AISC) of ~$746/oz in 2018. In 2019, Endeavour expects production to increase to 615-695koz at an AISC of $760-810/oz, due to the completion of its Ity CIL construction in early Q2. In addition, its 5-year exploration program aims to discover 10-15Moz of gold by 2021 which represents more than twice the reserve depletion during the period.
Mark Morcombe is Chief Operating Officer at Endeavour Mining. Previously, Mark held various senior IT leadership roles in the industry.
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