Endeavour Mining Shares Tumble as Stoppages Affect Full-Year Output
A facts-only brief, written by a local AI model from this article in The Wall Street Journal, November 12, 2026. It may contain mistakes, and it is not the article: the full story is at wsj.com.
Endeavour Mining warned that its annual gold production will likely land at the lower end of its guided range due to operational issues at its Mana mine in Burkina Faso. The company stated that partial ramp subsidence forced a suspension of mining activity at the end of last month, reducing output in the final months of the year. This shortfall will only be partially offset by higher-than-expected production at its Lafigue mine in the Ivory Coast. Consequently, total group production is expected to approach the bottom of the previously set range of 1.09 million to 1.265 million troy ounces.
Background
- Endeavour’s London-listed shares dropped nearly 9% to 3,758 pence following the production update.
- RBC Capital Markets analysts noted that the Mana mine is expected to contribute negligible production in the fourth quarter.
- Year-to-date production decreased by 10% to 820,000 ounces, while adjusted earnings before interest, taxes, depreciation, and amortization increased by 38% to $2.25 billion.
Read the full article at wsj.com
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