Endeavour Mining Says Assafou Project Definitive Feasibility Study Confirms Potential as 'Cornerstone Asset'
Idag, 18:50
12:50 PM EDT, 04/23/2026 (MT Newswires) -- Endeavour Mining (EDV.L) said Thursday its definitive feasibility study for the Assafou-Dibibango project in Côte d'Ivoire confirmed its potential to become a "cornerstone asset"for the company.
The study outlined an after-tax net present value, discounted at 5%, of $2.06 billion and an internal rate of return of 28%, based on a gold price of $2,500 per ounce, increasing the project's value to $5.1 billion and an internal rate of return of 55% at $4,000 per ounce.
The gold producer said a final investment decision is set before the end of 2026, with construction expected to take between 24 months and 30 months thereafter.
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Endeavour Mining Says Assafou Project Definitive Feasibility Study Confirms Potential as 'Cornerstone Asset'
Idag, 18:50
12:50 PM EDT, 04/23/2026 (MT Newswires) -- Endeavour Mining (EDV.L) said Thursday its definitive feasibility study for the Assafou-Dibibango project in Côte d'Ivoire confirmed its potential to become a "cornerstone asset"for the company.
The study outlined an after-tax net present value, discounted at 5%, of $2.06 billion and an internal rate of return of 28%, based on a gold price of $2,500 per ounce, increasing the project's value to $5.1 billion and an internal rate of return of 55% at $4,000 per ounce.
The gold producer said a final investment decision is set before the end of 2026, with construction expected to take between 24 months and 30 months thereafter.
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