Endeavour Mining’s 1.7 trillion FCFA boost to Côte d’Ivoire’s economy from 2021-2025

Endeavour Mining, Côte d’Ivoire’s leading gold producer contributing over a quarter of the nation’s gold output, unveiled its first national impact report for 2021-2025 during an official event in Abidjan. The report, titled ‘Creating Tangible Value’, highlights the company’s substantial economic contributions to the country over the past five years.

The report reveals that between 2021 and 2025, Endeavour Mining injected a total of 1.7 trillion FCFA into Côte d’Ivoire’s economy. This includes 644 billion FCFA in direct payments to the Ivorian government and 904 billion FCFA spent with local suppliers, reinforcing the company’s commitment to fostering sustainable development.

Sustainable mining and community empowerment

At the presentation, Laeticia Gadegbeku-Ouattara, Vice President of Public Affairs and Côte d’Ivoire Country Director for Endeavour Mining, emphasized the company’s dedication to ethical gold production and equitable wealth distribution. ‘In Côte d’Ivoire, we are the largest mining company. Our goal is to ensure that the gold we produce is sustainable gold, and that the wealth generated is reinvested back into communities,’ she stated. ‘Our guiding principle is to ensure biodiversity is respected throughout our operations.’

Gadegbeku-Ouattara outlined Endeavour Mining’s multifaceted contributions to local communities, spanning health, education, infrastructure, and employment sectors. Over the past five years, the company has generated over 14,000 jobs across its operations, with more than 95% of employees being Ivorian nationals. This reflects Endeavour’s strong commitment to local content, both in employment and procurement practices.

Endeavour Mining’s initiatives have also prioritized youth development. More than 1,500 individuals have benefited from literacy programs, while over 840 young people have secured internships across the company’s sites. In the health sector, the company’s ‘Zero Malaria’ strategy has delivered remarkable results, reducing malaria incidence by over 70% in its operational areas.

Expanding gold production and environmental commitments

Endeavour Mining operates two gold mines in Côte d’Ivoire—Ity and Lafigué—and is set to commence production at its third site, Tanda, in the eastern region. The Tanda mine is expected to create over 3,000 direct and indirect jobs, further strengthening Endeavour’s footprint in the country and solidifying Côte d’Ivoire’s position as a key player in West Africa’s gold sector.

Between 2021 and 2025, Endeavour Mining invested over 2.8 billion FCFA in infrastructure development across its operational zones. The company also prioritized environmental sustainability, planting over 158,000 trees and restoring or protecting 199 hectares of land. These efforts are part of the ‘One Child, One Tree’ initiative, developed in partnership with local schools.

Endeavour Mining’s regional leadership

With operations in Senegal, Côte d’Ivoire, and Burkina Faso, Endeavour Mining stands as West Africa’s largest gold producer. The company also boasts a robust portfolio of advanced projects and exploration assets and is publicly traded on the London and Toronto stock exchanges.