Published in Business
This is great news in the field of gold mining. The company of Sebastien de Montessus, Endeavor Mining, has made a breakthrough by making its first gold spill in Cote d'Ivoire.
Endeavor Mining, now known as West Africa's leading gold miner, is completing its ITY Gold Flush four months ahead of schedule and below budget.
The success of Endeavor Mining.
As a reminder, the company Endeavor Mining is directed by Sébastien de Montessus.
Specialized in the exploitation and development of gold mines in West Africa, it now has several exploitation and production licenses.
The Sébastien de Montessus company owns four mines in Cote d'Ivoire and Burkina Faso.
Already strong with a successful business that has allowed it to break records and become a solid company since 2017, the company Endeavor Mining takes a new turn today.
On March 18, the completion of the first gold spill brought him eighteen hundred ounces of gold. This figure illustrates the success of the successful company: the start date is anticipated, the acceleration is accelerated and the production capacity is greater than initially indicated.
Sébastien de Montessus, the CEO of the company, congratulated himself for this feat and made an official statement: "This first gold spill and this remarkably fast acceleration period is a transformation event for Endeavor, as the Ity project CIL will contribute quickly to the group's potential cash generator. "
Before this great event, Sébastien de Montessus also revealed his ambitious plans for the company.
The entrepreneur wants to undertake work to increase the capacity of the Endeavor Mining plant. All planned capital expenditures are expected to reach $ 450 million.
Sébastien de Montessus considers this investment as proof of Endeavor Mining's success: "Given the current life of the 15-year mine and its high exploration potential, this minimal additional investment represents a very convincing investment, and is in line with our approach. in the efficient allocation of capital and the return on investment, "said the CEO of Endeavor Mining.
Endeavor Mining continues to grow and demonstrates its commitment to remain a leader in the gold market as the number one gold company in West Africa.
This progress is enabled by the management and advanced experience of Sébastien de Montessus.
Sébastien de Montessus: Invested CEO
The success of the company Endeavor Mining would not have been possible without the determination and will of Sébastien de Montessus.
An entrepreneur who has held brilliant positions in the past, his leadership in Endeavor Mining has allowed the company to take an unprecedented step.
The management and organization of the company have been redesigned to allow employees to make a total investment in their missions and have a vision of the projects in the short and long term.
Sébastien de Montessus has demonstrated his experience and knowledge on many occasions. It must be said that the entrepreneur has acquired such qualities during his prestigious career. After starting his career as a banker specializing in mergers and acquisitions at the famous Morgan Stanley Bank in London after graduating in 1999 from ESCP Europe, he has held brilliant positions.
Tired of the desire to undertake and dare, he founded his own company in the year 2000. Called "Only for your eyes" (OFYE), this company specializes in mobile Internet access. She meets with a crazy success for two years.
After having lived the experience of entrepreneurship, Sébastien de Montessus is recruited into Areva as director of strategy and marketing.
His prestigious career inspires admiration and vocation, to the point of becoming an example of success. Ten years after graduating, he received the Alumni of the Year Award at an event organized by the Chamber of Commerce and Industry of Paris-Ile de France. Graduates and students of ESCP Europe.
He continued his career with Areva a few years later as director of uranium extraction and enrichment activities and led a team of fifty thousand people.
In 2012, his desire to be an entrepreneur always present, took the initiative of the mining company La Mancha, specializing in the exploitation and exploration of gold in Canada.
Soon after, he became the CEO of Endeavor Mining.
declaration Posted on 2019-03-22 09:45:10 via Categorynet.com in the Business section
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