tiprankstipranks
Aya Gold & Silver Exceeds Milling Capacity at Zgounder Mine
Company Announcements

Aya Gold & Silver Exceeds Milling Capacity at Zgounder Mine

Story Highlights

Invest with Confidence:

Aya Gold & Silver ( (TSE:AYA) ) has issued an update.

Aya Gold & Silver Inc. has surpassed the nameplate milling capacity at its newly expanded Zgounder Silver Mine in Morocco. The new processing plant, which began operations in November 2024 and achieved commercial production by December, processed 65,990 tonnes of ore over a 30-day period, exceeding its intended capacity. The integration of the flotation plant slurry into the leaching circuit has improved silver recovery rates and increased the value of the silver produced. The company aims to stabilize its processing rate above 3,000 tonnes per day, showcasing rapid ramp-up performance and setting the stage for strong production in 2025.

More about Aya Gold & Silver

Aya Gold & Silver Inc. is a company operating in the mining industry, primarily focusing on the extraction and processing of silver. It is known for its Zgounder Mine located in Morocco, which is fully owned by the corporation.

YTD Price Performance: 0.98%

Average Trading Volume: 758,223

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$1.48B

Find detailed analytics on AYA stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App