The Asia Gold Conference is pleased to welcome Endomines and their CEO, Mr. Kari Vyhtinen, who will be showcasing the company’s success in Finland’s gold fields this November in Singapore.
Endomines is a gold mining and exploration company listed on Nasdaq Helsinki, with a market capitalisation of approximately 80-90 million USD. A new strategy in 2022 led by the company’s CEO Kari Vyhtinen, has successfully turned the company both operationally and financially.
Why we like Endomines?
Increasing Gold Production Volumes:
Endomines has seen a 46% increase in revenue from 2022 to 2023 and are forecasting a 15-35% growth in production volumes in 2024.
High Focus on Exploration:
Endomines gold resource grew by 72% to 310,000 ounces in 2023. The company drilled approximately 24,000 meters since, with excellent results. They are actively looking to define a deposit with over 1 million ounces of gold and increase production to 70,000–100,000 ounces.
Commitment to ESG (Environmental, Social, and Governance) Standards:
The Company is currently permitting a new production area, where we aim to set a new standard for gold mining. Their planned operation will have zero CO2 emissions, and any water released will be cleaner than the natural water in the region.
What Endomines CEO said:
“Our strong investment in exploration supports our goal of growing the Karelian gold Line into a significant gold production area on a global scale. Our goal is to define a gold mineralization of more than one million ounces in the area. In March 2024, we announced a significant resource update, where gold resources increased by 72%, to over 310,000 ounces of gold. We are well on our way towards our strategic goal.”
What Alberto Migliucci said:
“Endomines is another great example of Finland's impact on the world. An example on how to go from bedrock to benefit: this European gold miner is leading the efforts in sustainable solutions throughout the minerals value chain. With a clear vision to develop the Karelian Gold Line into a significant and sustainable gold production hub on a global scale, the company is hitting a lot of its targets. The hard work and strategic efforts of the past two years are now beginning to show promising results”.
Join Mr Kari Vyhtinen who will be presenting “Gold potential in Finland” at the Asia Gold Conference in Singapore on Monday 25th November 2024.
Alberto Migliucci will be moderating a panel of Gold Mining CEOs on the topic: Gold is Global – Exploration a Country & Regional Perspective: From Finland to Argentina to New Zealand. Hear from the CEOs of pioneering gold mining companies like Endomines, Challenger Gold, and Rua Gold. These industry leaders will share insights on their strategic visions, discuss the challenges and opportunities in today’s gold markets, and reveal how they’re driving innovation and sustainability in gold exploration and production and looking for gold in all corners of the globe.
Join Alberto Migliucci and many other leading experts as they discuss where the opportunities lie in the precious metals space. Petra Commodities Asia will offer in-depth commentary on the companies presenting at the Asia Gold Conference, providing valuable insights into their strategies, market positions, and growth potential.
Petra Commodities specialises in natural resources with access to capital and deep relationships with Asia’s HNWI’s and family offices. It is a major sponsor at the Asia Gold Conference in Singapore.
Alberto Migliucci
CEO & Founder Petra Commodities Asia
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