Exited investment
Stylized gray letters "SMI

Société des Mines d’Ity

Société des Mines d’Ity

Gold

Exited · 2015

Société des Mines d’Ity is the operating company for the Ity gold mine in Côte d’Ivoire, one of Endeavour Mining’s cornerstone assets.

Exit summary

Between 2012 and 2015, La Mancha doubled annual production from 40 koz to 80 koz, reduced all-in sustaining costs from US$1,100/oz to US$700/oz and increased resources from 500 koz to 4 Moz before contributing the business to Endeavour Mining in 2015, in exchange for a 30% shareholding.

Investment status

Fully Exited

Position realised in 2015

Metal

Gold

Region

Ivory Coast/ West Africa

Current ownership

Exited

Holding since

2012 – 2015

Ticker

Private

Metal

Gold

Region

Ivory Coast/ West Africa

Current ownership

Exited

Holding since

2012 – 2015

Ticker

Private

Seeking industrial value creation through long-term investments in gold mining.