Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5698
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