JOHANNESBURG (Reuters) – Endeavour Mining EDV.TO said on Monday it will acquire Toronto-listed Semafo SMF.TO in a C$1 billion ($690.7 million) deal to create the biggest gold producer in Burkina Faso, increasing its focus on the country despite rising insecurity. The combined group will produce 1 million ounces of gold a year, Endeavour Chief Executive Sebastien de Montessus said, making it larger than Newmont Goldcorp, Barrick, and Goldfields in West Africa.
https://www.reuters.com/article/us-semafo-m-a-endeavour-idUSKBN21A1L6
