Page 60 - GGG

AFRICA

From the onset of the COVID-19 health crisis, the health through the cash flow being generated by our mines while
and safety of our employees and communities has also being able to deliver shareholder returns.
been our top priority. Early on, Endeavour set up a crisis We have attractive organic growth opportunities within our
management unit, advised by a dedicated medical portfolio and continue to build optionality by progressing
epidemiologist, to mitigate the impact of COVID-19 on exploration and studies in our project pipeline.
our employees and the local mining communities through
We have a strong brownfield focus with the Massawa plant
a dedicated incident management and response plan
expansion under way and our strong greenfield focus with
ensuring the safe continuity of operations. Subsequently,
PFS work for Fetekro and Kalana completed in Q1 2021.
we have put in place numerous measures at group level,
Robust PFS results confirm that both projects justify moving
but also on each of the individual mines to ensure the
forward to the DFS stage, which has now commenced.
health and well-being of our employees, their loved ones
[There is also] a strong focus on earlier greenfield
and to support the communities we operate in. These
projects with $US14-34 million being spent on greenfields
measures all follow international health organisation
exploration in 2021.
directives and we continue to monitor the situation closely.
GMJ: You have feasibility studies in play at GMJ: There are several juniors very active in
several projects. Will the next growth phase be the region. Can you give us some insight into
through organic efforts? what you keep an eye out for in regards the
next generation of discovery?
SdM: Following our acquisitions last year, we are firmly
SdM: As you know, over the past years, we have sought
focused on organic growth from existing assets. The key
to refocus and reposition Endeavour with a strategy
difference however between our first growth phase and
centred around our four pillars; operational excellence,
this one is that now we are able to self-fund our own growth

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