Leagold Mining is a mid-tier gold producer focused on Latin America. Leagold owns four gold mines in Mexico and Brazil, and has two fully funded growth projects: the expansion of the Los Filos mine complex in Mexico, and the re-start of the Santa Luz mine in Brazil. Leagold’s four operating mines will produce 380,000 to 420,000 oz of gold in 2019 at all-in sustaining costs of $920 to $970 per oz. In May 2019 Leagold launched a phased development plan that prioritizes the Los Filos expansion, scheduled to begin in Q3 2019, followed by the re-start of Santa Luz in early 2021.
Neil Woodyer – CEO and Director
Neil Woodyer, CEO and Director, has extensive history in the mining sector creating growth strategies, implementing financing plans and leading management teams. In 1988, Mr. Woodyer was a founder of Endeavour Financial, a successful mining merchant banking and advisory business. In 2009, Mr. Woodyer, then Endeavour’s CEO, and Mr. Giustra devised Endeavour’s gold growth strategy and in 2010, Mr. Woodyer led the transition of a financial company (Endeavour Financial) into a mine operations and development company (Endeavour Mining). Endeavour Mining successfully grew into one of the largest gold producers in West Africa.
What is your rationale for attending 121 Mining Investment?
Looking for new shareholders
What recent news would you like to highlight to investors attending?
May 2019 – Leagold Refinances with New Long-term Debt and Announces Fully-funded Growth Plans
What are your key goals for the next 3, 6 and 12 months?
Initiate the development of the Bermejal underground mine at Los Filos
Begin pushback at the Guadalupe open pit at Los Filos
Commence construction of the CIL plant at Los Filos
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Commodity price risk
In a sentence, what do you think makes your company such a compelling investment?