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BRIEF-Endeavour posts record performance in Q4 and meets 2016 guidance

Published 2017-01-23, 07:29 a/m
© Reuters.  BRIEF-Endeavour posts record performance in Q4 and meets 2016 guidance
EDV
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Jan 23 (Reuters) - Endeavour Mining Corp EDV.TO :

* Endeavour posts record performance in Q4, meets 2016 guidance and expects further production growth and AISC reduction in 2017

* Endeavour Mining Corp sees 2017 gold production expected to increase to 600-640koz, excluding Houndé, and AISC expected to decrease further to $860-905/oz

* Endeavour Mining Corp sees 2017 gold production between 600-640koz

* For 2017, free cash flow expected to increase to $150m, based on 2016 realized gold price of circa $1,240/oz

* Nearly $20 million of sustaining expenditures are planned for 2017

* Agbaou is expected to return to a production rate of 175-180koz in 2017 Source text for Eikon: Further company coverage: EDV.TO

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