Large quantity of wear ceramic liner imported for miners company 

--Endeavour Mining begins construction of new African gold mine

Canada’s Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) has began construction at its Hounde project in Burkina Faso, which is forecast to produce about 1.9 million ounces of gold over a 10-year mine life.

Shares soared on the news and were trading 7.6% higher to $13.77 at 10:30 am ET. So far this year, Endeavour Mining’s value has climbed over 80%.

Building the mine would cost an initial $328 million to build, the Vancouver-based firm said. The project will be the second low-cost gold mine Endeavour has in West Africa, after it grabbed the close-by Karma mine last month through a friendly acquisition of fellow Canadian miner True Gold (TSX-V: TGM)

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