Endeavour Mining targets 12-15 million ounces of mineral resources

Investing.comTuesday, December 2, 2025 at 9:25:30 AM
Endeavour Mining targets 12-15 million ounces of mineral resources
  • Endeavour Mining has set a target to achieve between 12 to 15 million ounces of mineral resources, indicating a significant expansion in its resource base. This strategic move is aimed at enhancing the company's operational capacity and market position in the mining sector.
  • This development is crucial for Endeavour Mining as it reflects the company's commitment to growth and resource optimization, potentially leading to increased production capabilities and improved financial performance in the competitive mining industry.
— via World Pulse Now AI Editorial System

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Endeavour Mining Targets Discovery of Up to 15 Million Ounces of Resources Over Next 5 Years
PositiveFinancial Markets
Endeavour Mining has announced its ambitious target to discover between 12 to 15 million ounces of mineral resources over the next five years, with an exploration budget of approximately $540 million and expected discovery costs below $40 per ounce. This strategic initiative aims to significantly enhance the company's resource base.