(Sharecast News) - Endeavour Mining said it was set to start construction of the $290m expansion of its Sabodala-Massawa gold project in Senegal.

The company on Monday said the move was supported by a recently-completed feasibility study and could help the mine produces 400,000 ounces of gold a year.

Endeavour said it will install a BIOX plant to process high-grade refractory ores, with first gold production expected in early 2024.