PROFIT & LOSS

Endeavour sees earnings fall in 2017

Endeavour Mining (CN:EDV) saw adjusted net earnings fall in 2017 due to an impairment charge on the Tabakoto mine in Mali and a loss on the sale of the Nzema mine in Ghana in December.

Staff reporter
Endeavour's flagship Houndé mine was commissioned at the end of 2017 ahead of schedule and under budget

Endeavour's flagship Houndé mine was commissioned at the end of 2017 ahead of schedule and under budget

The adjusted net earnings attributable to shareholders for 2017 fell 33% year-on-year to US$66 million, with the net earnings per share down 45% to $0.95/share. The miner's revenue rose 15% on the year...

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