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The Guardian - UK

Business

Mark Sweney

Gold-mining company sacks CEO over ‘serious misconduct’ allegations

Endeavour Endeavour Mining Mining

An excavator clears out rocks into a dumper at a gold mine — A gold mine operated by Endeavour Mining in Burkina Faso. Photograph: Anne Mimault/Reuters

The gold producer Endeavour Mining has fired its chief executive, Sébastien de Montessus, for alleged “serious misconduct” over allegations of an “irregular payment” of $5.9m (£4.7m).

London-headquartered Endeavour said it was also investigating whistleblower allegations made against De Montessus “relating to his personal conduct with colleagues”.

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