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Galiano Gold ( (TSE:GAU) ) has provided an announcement.
Galiano Gold has announced its 2025 guidance, highlighting an increase in gold production by approximately 75% over the next 24 months, backed by high-grade mill feed from Abore and Esaase. The company plans to commence significant pit wall pushback at Nkran by mid-2025 and focus on exploration at the Akoma and Sky Gold B prospects. With a strong cash position and no debt, Galiano Gold is poised to achieve operational improvements and maintain an annual production of about 200,000 ounces of gold from 2026.
More about Galiano Gold
Galiano Gold Inc. operates in the gold mining industry, primarily focused on the exploration, development, and production of gold. The company owns a 90% interest in the Asanko Gold Mine located in the Asankrangwa Gold Belt in the Republic of Ghana, West Africa.
YTD Price Performance: -12.98%
Average Trading Volume: 640,837
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $298.5M
For a thorough assessment of GAU stock, go to TipRanks’ Stock Analysis page.