Endeavour Mining Corp., the biggest gold producer in west Africa, is debating whether to shift its primary share listing to the U.K. as it seeks to tap a new pool of investors.
Chief executive Sébastien de Montessus said the US$4.5 billion Toronto-listed company was assessing whether to move to London or New York in the wake of its merger with rival Semafo Inc.
“We are going to move to one or the other. We are currently assessing which is the most relevant and attractive given our portfolio and locations and also the fit in terms of governance and liquidity,” said de Montessus in an interview with the Financial Times. “Given that management is based in London, a listing in the U.K. is an option on the table.” Continue Reading →