MMX Interest: 2.0% net smelter return (NSR) royalty (1)
MMX Metal Exposure: Gold (Au), Silver (Ag)
Location: Burkina Faso
Operator: Endeavour Mining Corporation
- Shallow, primarily free digging open pit operations with moderate strip ratios
- Initial production early 2016; commercial production declared in October 2016 with a run-rate of 80,000 - 90,000 ounces of annual gold production
- Excellent exploration potential to further extend the mine life
For more information on Karma, please visit www.endeavourmining.com.
Source: Endeavour Mining Corporation public disclosure.
(1) Subject to a 1.0% buyback option for fair market value.