Orezone Gold Corporation (TSE:ORE) has released an update.
Orezone Gold Corporation showcased steady Q1-2024 performance with its Bomboré mine producing 30,139 ounces of gold, generating $27 million in earnings, and achieving positive free cash flow. Despite a year-over-year decrease in production and net income, the company has made strategic advances by connecting to the national grid and nearing the completion of a key resettlement site. Orezone is also moving forward with a phased expansion plan for the Bomboré mine, with financing discussions in progress.
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