Endeavour Mining Investor Presentation Deck
Q1-2022 vs Q4-2021 INSIGHTS
> Production slightly decreased from 77koz in Q4-2021 to 73koz
in Q1-2022 due to the lower grade processed, which was
partially offset by higher tonnes milled and recoveries. Mining
activities shifted away from waste extraction to mining
primarily oxide material from Kari Pump and Kari West, while
waste development activity continued to progress at Vindaloo
Main.
>
AISC decreased from $874 per ounce in Q4-2021 to $771 per
ounce in Q1-2022 primarily due to the lower sustaining
capital, lower unit mining and processing costs and the lower
strip ratio due to less waste development activities during the
quarter.
OUTLOOK
HOUNDÉ MINE
Ore mining in Kari West to increase in H2-2022
>
In line with its full year guidance, Houndé is on track to
produce between 260-275koz in 2022 at AISC of $875-
925/oz.
>
In Q2-2022, mining activities are expected to continue to focus
on the Vindaloo Main, Kari Pump and Kari West pits, while in
H2-2022 ore is expected to be mainly sourced from the
Vindaloo Main and Kari West pits as mainly stripping activities
are expected to be conducted at Kari Pump, which is expected
to yield lower grades in the latter portion of the year. Mill
throughput and recovery rates are expected to be slightly
lower in the upcoming quarters primarily due to changes in
the ore blend.
ENDEAVOUR
AK
MINING
COO video presentation
Production and AISC
Production, koz
66koz
$839/oz
④
Q1-2021
Website
AISC, US$/oz
80koz
For The Period Ended
Tonnes ore mined, kt
Total tonnes mined, kt
Strip ratio (incl. waste cap)
Tonnes milled, kt
Grade, g/t
Recovery rate, %
PRODUCTION, KOZ
Total cash cost/oz
AISC/OZ
$741/oz
Q2-2021
Key Performance Indicators
70koz
$921/oz
Q3-2021
Q1-2022
1,338
12,686
8.48
1,233
1.94
95
73
697
771
Latest technical report
77koz
$874/oz
Q4-2021
Q4-2021
777
12,297
14.83
1,226
2.05
92
77
684
874
8
3D mine site tour
73koz
$771/oz
Q1-2022
Q1-2021
1,625
13,937
7.58
1,147
1.89
91
66
768
839
72View entire presentation