Montage Gold Corp. ( (TSE:MAU) ) has provided an update.
Montage Gold Corp. has achieved a significant milestone in the construction of its Koné project in Côte d’Ivoire, with the commencement of concrete works for the process plant. The project is progressing rapidly, with an increase in workforce and substantial advancements in earthworks, engineering, and procurement. The company remains on track to pour its first gold by Q2-2027, with 25% of the $835 million capital expenditure already committed. This progress underscores Montage’s strategic goal of becoming a premier African gold producer, while also highlighting its commitment to safety and local workforce development.
More about Montage Gold Corp.
Montage Gold Corp. is a company operating in the mining industry, focusing on gold production. It is actively engaged in the development of the Koné project in Côte d’Ivoire, aiming to become a leading African gold producer.
YTD Price Performance: 30.45%
Average Trading Volume: 211,000
Technical Sentiment Signal: Sell
Current Market Cap: C$1.01B
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