Monday, 22 August, 2011 - 10:28
Adamus up on Endeavour merger
Adamus Resources has announced an all-stock merger with Canada’s Endeavour Mining, which will create a new West Africa-focused gold miner producing more than 250,000 ounces each year.
Endeavour Mining is an intermediate gold producer delivering growth. Endeavour Mining owns four gold mines producing 500,000 ounces per year in Mali, Ghana, Burkina Faso, and Côte d’Ivoire, and with the newly acquired Ity Mine becoming its fifth mine the gold production rate increases to 580,000 ounces per year.
The company was delisted from the Australian Securities Exchange (ASX) on January 11, 2016. Endeavour Mining Corporation took this decision to reduce its administrative, compliance and legal expenses.
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NEWS: Tagged in Perenti books contract worth $1.1bn | 02 Jun 2025 |
Adamus Resources has announced an all-stock merger with Canada’s Endeavour Mining, which will create a new West Africa-focused gold miner producing more than 250,000 ounces each year.
Endeavour Mining began trading on the ASX this morning after the merger between Endeavour and Adamus Resources became effective yesterday.The move creates a new West Africa-focused gold miner producing more than 250,000 ounces each year.
THE level of exploration activity being undertaken by junior miners in Africa is increasing, with Burkina Faso in particular coming more into focus as a promising gold producer.
LOOKING at the remuneration packages negotiated by newly appointed chief executives in Perth, there is a common pattern -5 size equals money.
African gold producer Endeavour Mining has appointed Ian Henderson as a director. Mr Henderson is the former manager of the JP Morgan Natural Resources Fund.
Endeavour Mining has sold its 38.5 per cent stake in Toronto-listed Namibia Rare Earths for $5.3 million.
Mining services contractor Ausdrill says the award of $US300 million worth of new contracts to its African mining subsidiary bodes well for a better 2015 after a horror run in recent months.
Ausdrill subsidiary Energy Drilling Australia has secured a contract extension of undisclosed value with Strike Energy for a three-month drill campaign in the Cooper Basin.
Perenti has secured a five-year underground mining contract valued at around $1.1 billion with Endeavour Mining Corporation in Burkina Faso.
Name | Position | Year Started |
---|---|---|
Chief Executive, President
|
2015 | |
Executive Vice President, Corporate Finance; General Counsel
|
2011 | |
West Africa CSR Coordinator (since 2018)
|
2015 | |
Non-Executive Director
|
2017 | |
Non-Executive Chairman
|
2002 | |
Non-Executive Director
|
2016 | |
Non-Executive Director
|
2016 | |
Non-Executive Director
|
2002 |
Name | Position | Year Started | Year Ended |
---|---|---|---|
Non-Executive Director
|
2021 | 2022 | |
Non-Executive Director
|
2012 | 2019 | |
Commercial Manager
|
2015 | 2018 | |
Non-Executive Director
|
2013 | 2017 | |
Chief Operating Officer
|
2012 | 2017 | |
Director, Administration & Finance
|
2015 | 2016 | |
Founder, Chief Executive Officer
|
2016 | ||
Chief Financial Officer
|
2011 | 2015 | |
Chief Operating Officer, Non-Executive Director
|
2011 | 2012 | |
General Manager, Exploration & Business Development
|
2010 | 2012 | |
Exploration Manager, Etruscan Resources
|
2006 | 2011 | |
Director
|
|||
Non-Executive Director
|
|||
Non-Executive Director
|
|||
Director
|
Announced | Bidder | Target | Transaction Type | Total Value | |
---|---|---|---|---|---|
Oberndorf Enterprises | Endeavour Mining Corporation | Asset acquisition | $5.30m | >> | |
Resolute Mining | Endeavour Mining Corporation | Asset acquisition | $22.39m | >> | |
Resolute Mining | Endeavour Mining Corporation | Asset acquisition | $22.39m | >> | |
Endeavour Mining Corporation | Adamus Resources | Merger | $577.74m | >> |