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Endeavour Mining Acquires Mali Gold Project, Sells Ghana Gold Mine
In separate transactions, Endeavour Mining has announced agreements to acquire Avnel Gold Mining and its 80% interest in the Kalana gold project in southern Mali, and to sell its 90% stake in the Nzema gold mine in southwest Ghana to BCM International Ltd. Consideration for the Avenel purchase is Endeavour shares valued at approximately $122 million. Consideration to be received by Endeavour for the Nzema sale is cash totaling up to $65 million.
Endeavour Mining Acquires Mali Gold Project, Sells Ghana Gold Mine
In separate transactions, Endeavour Mining has announced agreements to acquire Avnel Gold Mining and its 80% interest in the Kalana gold project in southern Mali, and to sell its 90% stake in the Nzema gold mine in southwest Ghana to BCM International Ltd. Consideration for the Avenel purchase is Endeavour shares valued at approximately $122 million. Consideration to be received by Endeavour for the Nzema sale is cash totaling up to $65 million.
Endeavour Mining Acquires Mali Gold Project, Sells Ghana Gold Mine
2017
Article (Journal)
English
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