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Africa
Endeavour restructures shareholdings around UK and Cayman Islands

The London listing that Africa's largest gold producer is seeking shareholder approval for on 25 May will involve a new financial set-up. The group led by Sébastien de Montessus has already created a new holding company in London that is expected to absorb its current parent company in the Cayman Islands if the London listing goes ahead. [...]

Published on 10/05/2021 at 06:00 GMT

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Finance, Mining, Business

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Endeavour Mining
Euronews
Naguib Sawiris
Orascom
SEMAFO
Teranga
Toronto Stock Exchange

Burkina Faso
Coup leader Damiba reassures Endeavour's local head over gold mines

Adama Soro, who has been running the activities of the Canadian group Endeavour Mining since January 2018 in Burkina Faso, met on 27 January with the junta's strongman Lieutenant-Colonel Paul-Henri Sandaogo Damiba who has been in power since 24 January.

Subscribers only Mining 31.01.2022

Chile, Egypt
With the help of Naguib Sawiris's family office, Altus Strategies strikes gold in Chilean copper

Altus Strategies' recent acquisition in Chile will allow it to finance its exploration projects in Africa, with the help of La Mancha, owned by the Sawiris family.

Subscribers only Finance, Mining 26.08.2021

DRC, Egypt
Billionaire Naguib Sawiris goes prospecting in DRC

With his gold operations expanding but his media business struggling, Sawiris was in Kinshasa in late May to cultivate his relations with the ministers of mines and communications.

Subscribers only Mining, Business 28.05.2021

Burkina Faso
New mining minister strives to placate domestic and foreign players

Since his appointment in January Aristide Aimé Zongo has met a range of mining industry stakeholders as he plans how to put his country firmly back on the map of top African producers.

Subscribers only Mining 28.04.2021

Ivory Coast
Despite gold boom, mining sector loses its ministry

Ivory Coast's mining ministry has been subsumed into a much larger ministry that spans mines, oil, and energy.

Subscribers only Mining 09.04.2021

Africa
Sawiris' offshore holdings keep Euronews afloat

TV news channel Euronews is not in great shape, particularly after the failed sale of Africanews. The European Commission plans to reduce its subsidy and the various loans from majority stakeholder Naguib Sawiris have not been enough to make the company self-sufficient.

Subscribers only Finance, Business 08.03.2021

Sawiris' holdings behind TV channel Euronews.

Africa
Areva investigation: French judges comb through Helin's offshore company labyrinth

The French judicial authorities, which are investigating two transactions carried out by the former Areva group's mining division, are concentrating their inquiries on wealth management company Helin, which worked for Areva but also financed the activities of Sébastien de Montessus, former director of the French nuclear power group's mining division.

Subscribers only Mining 23.02.2021

West Africa
Endeavour Mining's new acquisition, Semafo, made to pay its debts

Canadian gold producer Semafo, bought by Endeavour Mining last year, has been ordered to pay sums owed to a transporter that worked on its mines in Burkina Faso, Guinea and Niger.

Subscribers only Mining 01.02.2021

Africa
French judges turn up heat on Montessus on eve of Teranga-Endeavour merger

On 21 January, the Endeavour CEO Sébastien de Montessus is set to defend the proposed merger with Teranga, majority-controlled by David Mimran, to his shareholders. In the meantime, French judges are conducting extensive inquiries into a number of transactions that he oversaw when he was with Areva.

Subscribers only Mining 04.01.2021

West Africa
Endeavour prepares for London Stock Exchange listing with bargain basement asset sell-off

Having acquired Semafo and merged with Teranga, the gold producer Endeavour Mining, partly owned by the Egyptian magnate Naguib Sawiris, is in the process of selling off three sites in Mali, Ivory Coast and Burkina Faso.

Subscribers only Mining 04.12.2020

Spotlight | West Africa
As he steers Endeavour to London flotation, Sébastien de Montessus faces legal headwinds in Paris

After buying Semafo and deciding to merge with Teranga, Endeavour Mining is preparing to list on the London Stock Exchange. At the same time, the French courts have resumed their probe into several operations carried out by CEO Sébastien de Montessus while he was working at Areva.

Subscribers only Mining 23.11.2020

Sébastien de Montessus, CEO of Endeavour Mining.

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Endeavour Mining
Euronews
Naguib Sawiris
Orascom
SEMAFO
Teranga
Toronto Stock Exchange

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Africa
Endeavour restructures shareholdings around UK and Cayman Islands

This article may be accessed by subscribers

Do you want a free trial before subscribing?

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create a free account

Set up email notifications for these topics

Burkina Faso
Coup leader Damiba reassures Endeavour's local head over gold mines

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With the help of Naguib Sawiris's family office, Altus Strategies strikes gold in Chilean copper

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Sawiris' offshore holdings keep Euronews afloat

Africa
Areva investigation: French judges comb through Helin's offshore company labyrinth

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Endeavour Mining's new acquisition, Semafo, made to pay its debts

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About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

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Africa Endeavour restructures shareholdings around UK and Cayman Islands

This article may be accessed by subscribers

Do you want a free trial before subscribing?

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create a free account

Set up email notifications for these topics

Burkina Faso Coup leader Damiba reassures Endeavour's local head over gold mines

Chile, Egypt With the help of Naguib Sawiris's family office, Altus Strategies strikes gold in Chilean copper

DRC, Egypt Billionaire Naguib Sawiris goes prospecting in DRC

Burkina Faso New mining minister strives to placate domestic and foreign players

Ivory Coast Despite gold boom, mining sector loses its ministry

Africa Sawiris' offshore holdings keep Euronews afloat

Africa Areva investigation: French judges comb through Helin's offshore company labyrinth

West Africa Endeavour Mining's new acquisition, Semafo, made to pay its debts

Africa French judges turn up heat on Montessus on eve of Teranga-Endeavour merger

West Africa Endeavour prepares for London Stock Exchange listing with bargain basement asset sell-off

Spotlight | West Africa As he steers Endeavour to London flotation, Sébastien de Montessus faces legal headwinds in Paris

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Africa
Endeavour restructures shareholdings around UK and Cayman Islands

Burkina Faso
Coup leader Damiba reassures Endeavour's local head over gold mines

Chile, Egypt
With the help of Naguib Sawiris's family office, Altus Strategies strikes gold in Chilean copper

DRC, Egypt
Billionaire Naguib Sawiris goes prospecting in DRC

Burkina Faso
New mining minister strives to placate domestic and foreign players

Ivory Coast
Despite gold boom, mining sector loses its ministry

Africa
Sawiris' offshore holdings keep Euronews afloat

Africa
Areva investigation: French judges comb through Helin's offshore company labyrinth

West Africa
Endeavour Mining's new acquisition, Semafo, made to pay its debts

Africa
French judges turn up heat on Montessus on eve of Teranga-Endeavour merger

West Africa
Endeavour prepares for London Stock Exchange listing with bargain basement asset sell-off

Spotlight | West Africa
As he steers Endeavour to London flotation, Sébastien de Montessus faces legal headwinds in Paris