Geomechanics.io

  • Free Tools
Sign UpLog In

    Geomechanics.io

    Geomechanics, Streamlined.

    © 2026 Geomechanics.io. All rights reserved.

    Geomechanics.io

    CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

    Industries

    MiningConstructionTunnelling

    Company

    Terms of UsePrivacy PolicyLinkedIn
    Projects

    Endeavour 15Moz exploration push: discovery cost and resource upside for mine planners

    December 3, 2025|

    Reviewed by Joe Ashwell

    Endeavour 15Moz exploration push: discovery cost and resource upside for mine planners

    First reported on MINING.com

    30 Second Briefing

    Endeavour Mining plans to discover 12–15Moz of new resources between 2026 and 2030 on a $540 million budget, targeting a discovery cost below $40/oz after delivering 20.7Moz at under $25/oz from 2016–2025. The company will test about 50 near-mine targets across 7,000km² in Côte d’Ivoire, Senegal, and Burkina Faso, with Houndé and Sabodala-Massawa each aiming for 1.5–2Moz and Ity, Lafigué, Assafou and Mana together adding up to 4.5–5Moz. Endeavour also invested £1.8 million in East Star Resources to back gold-copper exploration in Kazakhstan.

    Technical Brief

    • Annual exploration outlay is expected to exceed $100 million through to at least 2030.
    • Greenfield work is planned to deliver ~6Moz, including 2–3 prospects capable of becoming cornerstone assets.
    • Houndé (Burkina Faso) previously added 2.8Moz in 2016–2025; Sabodala-Massawa (Senegal) added 1.7Moz.
    • Ity, Lafigué and Assafou (Côte d’Ivoire) collectively delivered 13.2Moz in 2016–2025, now targeting lower incremental additions.
    • Mana (Burkina Faso) increased its contribution target to 0.5Moz, up from 0.3Moz in the prior campaign.
    • Around 50 brownfield targets are being drilled across 7,000km² in Côte d’Ivoire, Senegal and Burkina Faso.
    • Brownfield focus is explicitly to replace mined ounces, maintain head grades and tighten drill-ready project pipelines.
    • £1.8 million strategic investment in East Star Resources includes a convertible loan note for Kazakhstan gold–copper exploration.
    • Analysts frame Endeavour’s low-cost Tier 1 discovery track record as differentiated in a market short of new deposits.

    Our Take

    Endeavour Mining’s 12–15Moz gold discovery target to 2030 sits at the upper end of what our database shows for single-operator exploration pipelines in Africa, signalling that Houndé, Sabodala-Massawa, Ity, Lafigué and Assafou are being positioned as a long-life cluster rather than a sequence of standalone mines.

    The planned lift in exploration spend to at least USD 100 million per year in Burkina Faso, Senegal and Côte d’Ivoire contrasts with several other Africa-tagged gold stories in our coverage where operators are trimming budgets in higher-risk jurisdictions, suggesting Endeavour is doubling down on districts where it already has infrastructure and social licence.

    With 50 near-mine targets being tested and a stated focus on gold alongside copper and rare earths, this programme could also underpin future by-product credits at existing West African plants, which in our database has been a key lever for keeping all-in sustaining costs competitive at mature gold operations.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Young-Davidson mine disruptions: seismic and power impacts explained for engineers
    Mining
    about 7 hours ago

    Young-Davidson mine disruptions: seismic and power impacts explained for engineers

    Alamos Gold expects second-quarter output from its Young-Davidson underground mine in northern Ontario to fall to 130,000–135,000 oz, about 12% below prior guidance, after two seismic events damaged infrastructure and cut access to two higher-grade stopes, compounded by a three-day storm-related power outage. Consolidated 2026 production is now projected below full-year guidance with unit costs rising, with revised figures due in July. Production stability is shifting to the Island Gold District, where underground mining rates are planned to increase from 1,500 to 2,000 t/d and the Magino mill ramp-up targets 10,000 t/d by Q3.

    Trinity Metals’ 20% US tungsten supply: project scale and offtake notes for engineers
    Mining
    about 7 hours ago

    Trinity Metals’ 20% US tungsten supply: project scale and offtake notes for engineers

    Trinity Metals has doubled exports from its Nyakabingo tungsten mine in Rwanda to Global Tungsten & Powders, now supplying up to 20% of US primary tungsten concentrate consumption, with more than 320 tonnes of 65–70% WO₃ wolframite shipped since a 2025 offtake deal with Traxys. The 1,600-hectare Nyakabingo concession holds an estimated 30,000 tonnes of recoverable tungsten, is licensed for 25 years from 2015, and is undergoing deep drilling to expand resources. Trinity plans to triple production and is targeting a $100–$200 million international listing, positioning Rwanda as a key conflict-free 3T supplier amid Chinese export restrictions.

    SMRs and mining’s nuclear reality check: key power-planning takeaways for engineers
    Mining
    about 7 hours ago

    SMRs and mining’s nuclear reality check: key power-planning takeaways for engineers

    Small and micro modular reactors (SMRs and microreactors) sit at the bottom of miners’ low‑carbon power options, despite intense promotion of 300 MW‑class SMRs, AI‑optimised reactor operations and bullish uranium price forecasts. Developers are pitching factory‑built, modular units for remote sites and off‑grid mines, but operators still prioritise proven renewables‑plus‑storage, grid power and gas or diesel hybrids. For mine planners and power engineers, nuclear remains a long‑term possibility rather than a near‑term procurement item for new pits, expansions or remote processing hubs.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    Construction

    Quality control software for construction companies with material testing, batch tracking, and compliance management.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    GEODB-io

    Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.

    AllGeotechnicalMiningInfrastructureMaterialsHazardsEnvironmentalSoftwarePolicy