Cockerill lauds Endeavour's strong operational, financial performance
London- and Toronto-listed gold miner Endeavour Mining CEO Ian Cockerill has described 2025 as a strong year of operational performance and a record year of financial performance for the group, adding that the company safely achieved its strategic objectives.
The group achieved a record free cash flow of $1.16-billion for the financial year ended December 31, 2025, while also reporting record shareholder returns of $435-million, which included $350-million in dividends and $85-million in share buybacks.
Endeavour produced 1.21-million ounces of gold at an all-in sustaining cost of $1 433/oz for the 2025 financial year.
It achieved a 244% increase in adjusted net earnings to $782-million, while adjusted earnings before interest, taxes, depreciation and amortisation increased by 75% year-on-year to $2.32-billion.
Net debt, meanwhile, decreased by $574-million to $158-million as at December 31.
"Importantly, higher gold prices, combined with our strong operational performance, are directly translating into increased margins and increased cash flows. Simultaneously, we contributed $2.8-billion to our host economies this year as we increased our in-country procurement, supporting more than 1 200 national and local businesses. Our enhanced economic impact drives shared benefits that are visible, and continues to strengthen our social licence to operate and the long-term resilience of our business," Cockerill comments.
He adds that the company entered 2026 with strong operating momentum and a healthy balance sheet, positioning it well to deliver sector-leading organic growth and sector-leading shareholder returns.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.
VISIT SHOWROOM
FLANDERS Southern Africa provides integrated solutions for mining and industrial operations, covering field services, automation, electrification,...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
