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The latest update is out from Orezone Gold ( (TSE:ORE) ).
Orezone Gold Corporation announced that its Bomboré Gold Mine’s hard rock expansion is ahead of schedule and on budget, projected to boost gold production by approximately 50% to over 170,000 ounces annually. The expansion involves early contractor mobilization, progress in foundation work, and advanced engineering and procurement efforts, indicating a strong operational execution and potential further growth with future expansion plans.
More about Orezone Gold
Orezone Gold Corporation operates in the mining industry, focusing primarily on the exploration and production of gold. The company is involved in the development of gold mining projects, with its key asset being the Bomboré Gold Mine, aiming to increase its gold output significantly.
YTD Price Performance: 1.52%
Average Trading Volume: 212,024
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$312.3M
Learn more about ORE stock on TipRanks’ Stock Analysis page.
