| Deal #5672 | Version 73284 | Version 73286 |
|---|---|---|
General info | ||
| Negotiation status |
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| Comment on negotiation status | The company acquired the mine in 2016. | Initially owned by Endeavour Mining, the mine was sold to Avesoro Jersey (formerly MNG Gold) in February 2016. The mine was then acquired by Avesoro Resources in December 2017. |
| Implementation status |
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| Comment on implementation status | Mine was already in operation when it was acquired. Originally production started in 2008. Estimate of around two years of minelife left (2016). | Mine was already in operation when it was acquired. Originally production started in 2008. Estimate of around two years of minelife left (2016). |
Employment | ||
Investor info | ||
Local communities / indigenous peoples | ||
| Negative impacts for local communities | Socio-economic | |
| Comment on negative impacts for local communities | According to their statistics, as of June 14, 2019, there are 631 workers with fixed-term contracts who have been made redundant. The Mine sometimes invokes the economic motive, sometimes the reorganization of the company. The Mine Directorate, for its part, recalled that the workers had been informed of the difficult financial situation of the Mine and of the subcontracting of the garage and part of the mine in order to reduce costs. | |
Former use | ||
| Comment on former land owner | Endeavour Mining previously owned the mine- sold to MNG Gold for US$25.3 million. | Endeavour Mining previously owned the mine- sold to MNG Gold for US$25.3 million. |
Produce info | ||
Water | ||
Gender-related info | ||
Overall comment | ||
Meta | ||
Locations | ||
Data sources | ||
Data source #sXa2jSHA | ||
| Publication title | Mining.com - Endeavour gets bump from $25M Burkina Faso mine sale | |
| Comment on data source | Mining.com - Endeavour gets bump from $25M Burkina Faso mine sale | |
Data source #FJ8BzYpA | ||
| Url | ||
| Publication title | Nurlina e-mine- Endeavour Mining sells its Youga gold mine to MNG Gold for US$25.3 million | |
| Comment on data source | Nurlina e-mine- Endeavour Mining sells its Youga gold mine to MNG Gold for US$25.3 million | URL is no longer working: http://www.burkina-emine.com/?p=3673 |
Data source #1N1qqIS_ | ||
| Url | ||
| Publication title | ENDEAVOUR YOUGA DEPOSIT (1.3Moz) | |
| Comment on data source | ENDEAVOUR YOUGA DEPOSIT (1.3Moz) | URL is no longer working: http://www.burkina-emine.com/?page_id=575 |
Data source #fWiXavON | ||
| File | ||
| Type | Media report | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | Mine d’or de Youga : Reprise des activités depuis le 15 juin 2019 | |
| Date | 2019-06-15 | |
Data source #yLedgyy4 | ||
| File | ||
| Type | Media report | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | Proposed acquisition of the Youga gold mine and Balogo gold mine from Avesoro Jersey limited and placing of new common shares | |
| Date | 2017-10-31 | |
Data source #C9xzmuRg | ||
| File | ||
| Type | Company sources | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | Youga Gold Mine | |
Contracts | ||