Company Projects Increased Production in 2026
SYDNEY — Orezone Gold Corporation has released its fourth quarter 2025 financial results, revealing a significant performance with gold production reaching 30,407 ounces. The company also announced its 2026 guidance, projecting increased production at its Bomboré mine.
Orezone reported revenue of $130.5 million for the quarter, attributed to the sale of 31,526 ounces of gold at an average price of $4,129 per ounce. This marks a strong quarter, with adjusted EBITDA hitting $63 million and net earnings for shareholders amounting to $27.3 million.
Acquisition and Future Plans
In a notable development, Orezone completed its acquisition of the Casa Berardi gold mine from Hecla Mining Company. Patrick Downey, President and CEO, emphasised that this acquisition aligns with Orezone’s strategy to expand its mining operations. Downey stated, “The Casa Berardi acquisition is a strategic move to enhance our portfolio in a premier jurisdiction.”
Looking ahead, Orezone forecasts gold production at Bomboré to rise between 160,000 and 180,000 ounces in 2026, driven by the completion of its hard rock expansion. The company plans significant capital investments in growth projects, including the expansion of its processing facilities and infrastructure improvements.
This announcement comes amid a period of fluctuating gold prices and increased demand for sustainable mining practices. Orezone’s strategic focus on expansion and acquisition reflects broader industry trends towards consolidation and efficiency improvements. With these steps, Orezone aims to solidify its position in the global market and ensure long-term profitability.
The company’s efforts to enhance operational efficiency are also evident in its commitment to implementing advanced technologies in mining processes. By adopting innovative solutions, Orezone seeks to minimise environmental impact while maximizing output. The integration of environmentally friendly practices is expected to attract more investors who are increasingly conscious of sustainable operations.
The strategic acquisitions and future-oriented projects demonstrate Orezone’s proactive approach in navigating the complexities of the mining industry. As the company continues to grow and adapt, stakeholders can expect a robust performance trajectory, underpinned by strong leadership and a clear vision for the future.
Source: newshub.medianet.com.au
Last updated: 29 June 2026, 12:40 pm
