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Endeavour tweaks portfolio with Agbaou sale

Soon-to-be London-listed Endeavour Mining has agreed to sell its 85% stake in the Agbaou mine in Cote d’Ivoire to private operator Allied Gold for US$80 million plus a net smelter royalty (NSR).

Tom Hoskyns
Endeavour Mining has agreed to sell its Agbaou mine in Cote d'Ivoire to Allied Gold

Endeavour Mining has agreed to sell its Agbaou mine in Cote d'Ivoire to Allied Gold

Allied, which operates the nearby Bonikro mine as well as the Sadiola mine in Mali, will pay $20 million for the asset, which Endeavour previously flagged as non-core, plus $40 million in shares, and $5...

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