Orezone Gold (TSE:ORE) has released an update.
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Orezone Gold Corporation reported a solid second quarter in 2024 with a gold production of 25,524 ounces and sales amounting to $58.2 million, aligning with their annual forecast despite power issues. Additionally, the company has announced significant progress on the Phase II hard rock expansion at the Bomboré mine, securing over $105 million for construction, which is expected to boost annual gold production by 50% by 2026.
For further insights into TSE:ORE stock, check out TipRanks’ Stock Analysis page.
