S&P ends Endeavour Mining watch

S&P said it affirmed Endeavour Mining plc’s BB- ratings and removed them from CreditWatch with negative implications where they were placed on Feb. 9. The outlook is negative.

“The outlook revision reflects the current calm situation in Burkina Faso, and that the company saw no impact on its operations from the previous political instability. The political turmoil in Burkina Faso, which started on Jan. 23, 2022, has so far not translated into any material disruptions for Endeavour,” the agency said in a press release.

However, S&P noted “the situation remains fluid.”

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