Endeavour production target at risk as workers embark on strike
Workers at Endeavour Mining Plc’s Sabodala-Massawa mine in Senegal started a strike on Thursday that could hamper the company’s ability to reach annual production target.
The work stoppage, which comes following the arrival of new equipment at the project, risks having a serious impact on gold production in “the second trimester of 2024,” according to an internal memo seen by Bloomberg.
The reason workers laid down their tools was not immediately known. A spokeswoman for the company declined to comment when she was contacted by phone.
“Even if this strike was short-lived, the shutdown of this plant would affect the equipment” and “it would be months before we could hope for a return to normal activity,” the memo said.
Endeavour was on track to achieve its full-year guidance of between 1.13 million ounces and 1.27 million ounces following an expansion of the site, the company said in April.
(By Katarina Höije and Momar Niang)
More News
Resouro boosts titanium resource by 37% at Tiros project in Brazil
Total resources are now 1,400 Mt1 at 12% TiO₂ and 4,000 ppm TREO, the company said.
April 09, 2025 | 04:37 pm
Prime Minister Mark Carney vows to speed permits, make Canada energy superpower
The Liberal Party leader said at a campaign stop in Calgary that his government would create a Major Federal Project Office with a “one project, one review” mandate.
April 09, 2025 | 03:34 pm
Peru mining chamber sees copper output up 2-4% this year
That would put Peru's copper production between 2.79 million and 2.85 million metric tons.
April 09, 2025 | 02:53 pm
{{ commodity.name }}
{{ post.title }}
{{ post.excerpt }}
{{ post.date }}
Comments