Endeavour Halts Mana Underground Mining After Access Road Collapse - News and Statistics - IndexBox
AI desk brief
Endeavour Mining has suspended underground operations at its Mana gold mine in Burkina Faso after an access road collapse cut off the Dangouna and Aviera portals, forcing staff offsite while ground conditions are assessed and repairs planned. The company still expects to meet full-year production and AISC guidance, but a National Bank Financial analyst said the size of the hit will depend on remediation timing, which he estimates could take one to two quarters, and whether open-pit material can be used to offset lost throughput.
Mana has already faced ground-stability issues, and Endeavour said it will provide a repair plan alongside third-quarter results on Nov. 12. The mine produced 173,000 oz. last year and accounted for about 12% of first-half output; it is also one of the company’s two producing assets in Burkina Faso.
Sources used
- S1 IndexBox via Google News — Endeavour Halts Mana Underground Mining After Access Road Collapse - News and Statistics - IndexBox