Orezone Gold (TSE:ORE) has released an update.
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Orezone Gold Corporation faced challenges in Q2 2024 with lower gold production and sales due to reduced grid power availability and lower scheduled head grades, but anticipates a stronger performance in the second half of the year. The company processed a record amount of ore in June and secured a significant $105M financing package for expansion and drilling campaigns, setting a positive outlook for meeting its 2024 guidance.
For further insights into TSE:ORE stock, check out TipRanks’ Stock Analysis page.
