Endeavour Mining plunges after issuing production warning for Mana mine - TradingView

AI desk brief

Endeavour Mining shares fell 8.4% in European trading Thursday after a production warning linked to ramp subsidence and suspended mining at Mana in Burkina Faso. RBC Capital expects negligible fourth-quarter Mana output, only partly offset by stronger production at Lafigue in Ivory Coast. Endeavour’s third-quarter gold output fell to 256,000 oz from 264,000 oz a year earlier; Mana contributed 28,000 oz, down 28%. Nine-month group production declined 10% to 820,000 oz. The disruption weakens Endeavour’s operating outlook, but the article does not establish a material directional effect on bullion prices.