La Mancha sells down Endeavour Mining stake

Endeavour Mining has gone from an explorer to a major producer in West Africa. Credit: Endeavour Mining London-based La Mancha Resource Capital is reducing its stake in West Africa-focused gold producer Endeavour Mining (LSE, TSX: EDV) after its shares nearly tripled in value in a year.The finance firm’s Luxembourg-based fund sold 3.5% of Endeavour in a bought deal at C$71.25 per share worth about C$605 million ($437 million), trimming its holding while remaining a major shareholder. The shares closed at C$ ...