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Deal #5698 Version #73331

Burkina Faso
Created at
2017-10-09
Last update
2021-05-25
Last full update
2021-05-25

Land area

Size under contract (leased or purchased area)
  • [current] 8500.0 ha
Comment on land area
The company also has exploration permits (Goulagou, Rambo, Kao, Rounga, Youba, and Tougou) totaling more than 856 square kilometers. The concession of an 85 km² area was granted to True Gold Mining Inc., In 2018, the mine extended its operations.

Intention of investment

Intention of investment
  • [current] Mining

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)
Comment on nature of the deal
Mining license originally granted to True Gold in 2014.

Negotiation status

Negotiation status
  • [2016, current] Concluded (Contract signed)
Comment on negotiation status
acquired by Endeavour in 2016

Implementation status

Implementation status
  • [2016] Startup phase (no production)
  • [2016, current] In operation (production)
Comment on implementation status
First gold production in April 2016. Commercial production was declared on October 1, 2016

Contract farming

Contract farming
No