Endeavour Mining Corporation reported group gold production for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported group gold production of 175,146 ounces compared with 136,844 ounces a year ago. Free cash flow (before growth projects, WC, tax and financing cost) was $50 million compared with $12 million a year ago.

For the year 2016, gold production was 583,712 ounces compared with 516,646 ounces a year ago. Free cash flow (before growth projects, WC, tax and financing cost) was $135 million compared with $85 million a year ago.

For the year ended December 31, 2016, the company reported net debt decrease from $144 million to $25 million.

For the year 2017, Gold production expected to increase to 600-640koz, excluding Houndé, and AISC expected to decrease further to $860-905/oz. Free Cash Flow (before growth projects, WC, tax and financing cost) expected to increase to $150 million, based on the 2016 realized gold price of circa $1,240/oz.