Endeavour Mining (LSE, TSX: EDV) says a contractor died last Friday at its Mana mine in Burkina Faso due to injuries sustained during maintenance activities.
Mining and processing activities on the site remain uninterrupted, while a comprehensive internal investigation into the incident is being conducted, the gold miner said in a press release on Monday.
Endeavour Mining fell as much as 3% in Toronto. By midday, the stock traded at around C$83.90 apiece with a market capitalization of C$20 billion ($14.7 billion).
One of the cornerstone assets in Endeavour’s West Africa-focused portfolio, the Mana mine has been in operation for over a decade, producing more than 2.1 million oz. of gold during that span. It started out as an open-pit operation and recently transitioned into underground.
In addition to Mana, the company also operates the Houndé mine located 60 km to the south. Both are owned 85% by Endeavour, with the Burkina Faso government owning the remaining 15%.
