Orezone Gold operates the Bomboré gold mine in Burkina Faso. In 2024, the Canadian firm expected the mine to deliver between 110,000 and 125,000 ounces.

The Bomboré gold mine in Mali has produced 118,746 ounces of ore in 2024. Orezone Gold, the mine’s Canadian owner, disclosed the figure on January 7, saying the project met its expectations.

Bomboré’s achievement is attributable to a strong final quarter. “Gold production in Q4 totaled 36,502 ounces, a 37% increase quarter-over-quarter  [...]. This accomplishment is a testament to the hard work and dedication of our operating team, with annual production guidance now achieved for the second consecutive year,” said Patrick Downey, CEO of Orezone.

Production at Bomboré began at the end of 2022. In 2023, the mine produced 141,425 ounces, benefiting from processing ore stockpiles from its construction phase. A project is underway to expand the mine’s annual production capacity beyond 170,000 tonnes by 2026.

Orezone sold 118,697 ounces of gold last year, at an average price of $2,384 per ounce, thus earning $282.9 million.

This article was initially published in French by Emiliano Tossou

Edited in English by Ola Schad Akinocho