Endeavour Mining Aims to Uncover Up to 15 Million Ounces of Resources in the Next Five Years
- Exploration Goals: Endeavour Mining aims to discover between 12 million to 15 million ounces of mineral resources over the next five years.
- Financial Commitment: The company plans to invest approximately $540 million in exploration activities during this period.
- Cost Efficiency: Endeavour Mining expects the discovery cost to be under $40 per ounce.
- Market Presence: The company is listed on both the London and Toronto stock exchanges.
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U.S. Stock Performance: The S&P 500 has concluded a strong third year, indicating robust performance in the U.S. stock market.
Investment Outlook: U.S. stocks are viewed as one of the most attractive investment options for 2026.
Global Market Comparison: While the U.S. market is strong, international markets are also showing positive signs.
Investor Sentiment: Overall, there is a favorable sentiment among investors regarding both U.S. and international stocks.

- Exploration Goals: Endeavour Mining aims to discover between 12 million to 15 million ounces of mineral resources over the next five years.
- Financial Commitment: The company plans to invest approximately $540 million in exploration activities during this period.
- Cost Efficiency: Endeavour Mining expects the discovery cost to be under $40 per ounce.
- Market Presence: The company is listed on both the London and Toronto stock exchanges.
Financial Performance: Endeavour Mining reported a pretax profit of $311 million for the quarter ending September 30, a significant increase from a $49 million loss in the same period last year.
Gold Production Outlook: The company anticipates that its full-year gold production will fall within the upper half of its previously guided range, driven by higher gold prices.

U.S. Futures Performance: U.S. futures for the S&P 500 rose by 0.1%, while Dow Jones futures remained flat, following a record close for the DJIA and a historic high for the S&P 500 after positive earnings reports.
Global Market Trends: Global markets showed mixed results ahead of a significant earnings session, indicating uncertainty among investors.
Gold Market Recovery: Gold prices rebounded after experiencing declines in the previous session, reflecting a shift in market sentiment.
Sterling's Decline: The British pound weakened due to U.K. inflation data that fell below expectations, impacting investor confidence.
U.S. Stock Market Outlook: U.S. stock futures indicate a potential rebound after President Trump's conciliatory remarks about China, despite a lower close in Asian markets.
Market Conditions: Gold prices have risen, benefiting mining stocks in Europe, while U.S. Treasurys will not trade on Columbus Day amid a government shutdown, limiting new economic data for investors.
La Mancha's Share Disposals: La Mancha Investments S. à r. l. disposed of 367,534 ordinary shares of Endeavour Mining plc for CAD 22,216,439 on October 8, 2025, reducing its ownership from approximately 15.02% to 14.86% of the issued shares.
Future Intentions: La Mancha may acquire additional securities or dispose of its remaining shares in Endeavour through various means, and plans to file an early warning report with further details available on Endeavour’s SEDAR+ profile.








