This post was originally published on this site.West Africa-focused Endeavour Mining (LON, TSX: EDV) has approved construction of its $1.2-billion Assafou gold project in Côte d’Ivoire, targeting first production in the first half of 2029 as the company advances one of its largest growth investments. The project is expected to produce an average of 320,000 oz. of gold annually at all-in sustaining costs (AISC) of $1,026 per oz. during its first eight years, according to a definitive feasibility study released in April. Assafou has an initial mine life of 16 years and will use a processing plant designed to handle...

This post was originally published on this site.Jensen Huang’s departure from Nvidia has put the leadership behind the artificial intelligence boom under scrutiny, exposing a risk for miners counting on new data centres and power projects to lift metals demand. Huang resigned Thursday as Nvidia’s (Nasdaq: NVDA) CEO, president and director, with chief financial officer Colette Kress taking over on an interim basis. His departure followed reports of affairs that raised questions about corporate governance and US national security. “This kind of situation would be damaging at any company but is exacerbated by just how strong the key person risk...