About our Company //
Endeavour Silver Corp. is a mid-tier, silver-gold mining company with corporate headquarters in Vancouver, Canada, and three high-grade, underground silver-gold mines in Mexico. Our mission is to become a premier senior producer in the silver mining sector. We find, develop, build, and operate quality silver mines in a manner that provides shared value to our host communities and leading returns to stakeholders while upholding our commitment to sustainable business practices.
The principal products and sources of sales of our mining operations are silver-gold concentrates and silver-gold doré bars.
Our Customers and Markets
The principal products and sources of sales of our mining operations are silver-gold concentrates and silver-gold doré bars. Doré from Guanaceví is shipped to a refinery in Torreon and a refinery in Miami where the bullion is then sold to end users through the London Metals Exchange. Concentrates from Bolañitos and El Cubo are transported by truck to the port of Manzanillo and sold to metals traders, who blend the concentrates with other concentrates for resale to international smelters.
Our Supply Chain
Endeavour Silver relies on a comprehensive network of contractors and suppliers to service the business activities of our operating mines and exploration and development sites. Our supply chain includes several Mexican companies, and a number of international distributors, who provide a range of mining-related supplies and services. The largest categories of contractors and subcontractors across our operations in 2016 included: underground mine development, security, refining, metals sales, transportation and trucking, fuel supply, equipment and parts, aviation, food services, and telecommunications.
Commitments to External Initiatives
Aligned with the Government of Canada’s Enhanced Corporate Responsibility (CSR) Strategy, Endeavour Silver has committed to develop and implement management systems and operating practices which take into consideration the following international guidance for extractive companies operating abroad:
- The Organization for Economic Cooperation and Development (OECD) Guidelines for Multi-National Enterprises
- The United Nations (UN) Guiding Principles on Business and Human Rights
- Voluntary Principles on Security and Human Rights
- International Finance Corporation (IFC) Performance Standards on Social and Environmental Sustainability
- Global Reporting Initiative (GRI)
- The Prospectors and Developer’s Association of Canada (PDAC) E3 Plus Framework for Responsible Exploration
At Endeavour, we are committed to international best practices and standards, including those required by certain industry certifications. In 2016, Endeavour endorsed or adopted the following voluntary external initiatives and/or achieved or maintained the following certifications:
- Global Reporting Initiative (G4) Sustainability Reporting Guidelines – The framework for our sustainability reporting since 2013
- Greenhouse Gas (GHG) Protocol for Calculating Emissions – Protocol adopted, as per the World Business Council for Sustainable Development (WBCSD) and the World Resource Institute (WRI), since 2013
- ISO 9001 – Our mines with labs are ISO 9001 certified; Guanaceví since 2012 and Bolañitos since 2013. In 2016, Guanaceví renewed under ISO v2015 guidelines and was the 1st lab in Mexico to receive this certification
- Socially Responsible Company (Empresa Socialmente Responsable) Distinction – This distinction, awarded by the Mexican Philanthropy Centre (CEMEFI) and the Alliance for Social Responsibility in Mexico was renewed for all three operations in 2016
Notes:  The Gender Equity Certification, which was awarded to all of our operating mines in 2013 and was valid for three years, has been redesigned with a number of new requirements. These must not only be met, but must be independently verified to recertify, and represents a significant model change which will take time to adjust to for potential re-application.
 The Healthy Environment (Etorno Saludable) Certificate in Guanaceví was not renewed in 2016 due to a change in government authorities; we intend to renew in 2017.
Memberships and Associations
Our corporate memberships and involvement with industry associations facilitate our ability to build and maintain relationships with key organizations and industry peers; enable our people to share and contribute to the development of international best practice; and keep current regarding emerging regulatory and public policy updates in the mining sector.
In 2016, Endeavour was a member of, or participant in, the following industry associations:
- Mexican Mining Chamber (CAMIMEX – Cámara Minera de México)
- Mining Task Force of the Canadian Chamber of Commerce in Mexico
- Confederation of Industry Chambers (CONCAMIN – Confederación de Cámaras Industriales)
- The Silver Institute
- Association for Mineral Exploration British Columbia (AMEC BC)
In addition, some employees and Directors belong to the Mexican Mining Engineers Association, the Prospectors and Developers Association of Canada (PDAC), and the Institute of Corporate Directors (ICD).